The Lounge in Tenby closes as firm enters liquidation

The Lounge, based in Tenby, ceased trading after owners said it could no longer continue because of outstanding liabilities. The business, which operated as The Lounge (Tenby) Limited from St Georges Street, entered creditors’ voluntary liquidation on October 31, 2025 following a general meeting of shareholders. A special resolution passed at the meeting stated: “It…

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Daniel Grollo declared bankrupt – realestatesource

Daniel Grollo. Former Grocon chief executive Daniel Grollo has been declared bankrupt, marking the latest chapter in the fallout from the collapse of the construction empire once responsible for some of Australia’s most prominent towers. The third-generation builder and property executive owes more than $10 million to creditors. The bankruptcy comes almost six years after…

Katima Mulilo weighs debt relief for pensioners – News

The Katima Mulilo Town Council has resolved to consider writing off debts of qualifying pensioners and people with disabilities at the town. In a public notice issued yesterday, the council says it would identify pensioners and people with disabilities who are eligible to benefit from the debt relief in accordance with government policy directives. These…