Prime Focus Ltd CIRP Closed by NCLAT, ₹353.8 Crore Funds to be Disbursed – Whalesbook
Prime Focus Ltd CIRP Closed by NCLAT, ₹353.8 Crore Funds to be Disbursed Whalesbook Read the original article here
Planned Cherry Creek cookie shop in limbo as company goes bankrupt
Plans for a Cherry Creek cookie shop may be crumbling. Please & Thank You, which is nationally known for its chocolate chip cookies, was slated to open at 2908 E. Sixth Ave. this summer. But the company, which also has locations in Indiana and Kentucky, filed for Chapter 11 bankruptcy protection last month. “Capital improvements…
Insolvency Service returning millions to creditors and economy
The Insolvency Service has returned £42.7 million to creditors and the wider economy in 2025-26 while increasing enforcement action against rogue directors and supporting thousands of people facing financial hardship, according to its Annual Report and Accounts. The report shows the agency handled 11,668 insolvency cases, processed 70,633 redundancy payments, and approved 48,344 Debt Relief…
Lee Jae Myung defends debt forgiveness plan, calls criticism ‘irresponsible demagoguery’
Lee Jae Myung said that forgiving debts on unpayable loans would help borrowers rejoin the economy as he refuted “moral hazard” objections. President Lee Jae Myung speaks during a policy briefing at the Blue House in Jongno District, central Seoul, on July 15.BLUE HOUSE President Lee Jae Myung on Wednesday dismissed criticism of his push…
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Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
Free Cornwall counselling service faces closure over £60k debt
Nurse Emma Eveleigh, who works in Plymouth and has been a client of the counselling service, said a closure “would be a massive loss”. Eveleigh said she suffered from severe burnout with anxiety and depression in 2018. With no waiting list, charge or time limit, she said Haye Mill had been the perfect place for…
ICSM Utilities Insolvency News: management in panic mode at Thames Water as Andy Burnham becomes PM – Harry Mottram
By Harry Mottram: There’s a sense of panic in the boardrooms of Thames Water in their Reading headquarters as news that Andy Burnham is set to take charge of Downing Street. The privately owned utility is billions in debt with no hope of staving off insolvency and a public image that the Grim Reaper would be…
Norfolk mum and son spared jail over cocaine supply
Harley Dos Santos became involved in supplying cocaine to help Nicola Pollard pay off debts she had accrued through her drug addiction. Norwich Crown Court heard the 21-year-old aroused the suspicion of police after officers spotted him “leaving and entering alleyways” in Blackfriars Road, Great Yarmouth. Norwich Crown Court (Image: Peter Walsh, Newsquest) Richard White,…
Liquidator appointed to Sottish city restaurant company after HMRC court action
A liquidator has been appointed to a Scottish restaurant and bar company. The move follows a court action by HMRC against the Glasgow-registered firm. The compulsory liquidation relates to McMillan Leisure (Scotland) Limited, registered at a Hutcheson Street address. The company directors previously ran the former Pavement restaurant and bar at the address before they announced they…
Gold Coast Insolvency Firm Reviews FY2026 Activity, Calls for Early FY2027 Action – News Hub
Key Facts: GT Advisory & Consulting has reviewed FY2026 activity, noting that certain sectors have been hit harder than others when it relates to insolvency. Construction, hospitality, and retail were the most severely affected sectors, driven by fixed-price contract pressures, rising input costs, margin compression, and subdued consumer discretionary spending across South East Queensland. The…