All jobs lost as Scots haulage firm goes into liquidation after 60 years – The Scottish Sun
All jobs lost as Scots haulage firm goes into liquidation after 60 years The Scottish Sun Read the original article here
Weiss Furniture begins liquidation sale after serving Latrobe-area customers for 107 years
When Weiss Furniture owner Dalia Dunhoff realized she was shopping for things like chairs and mattresses online, she knew it was time to take a look at the business. “Retail stores are becoming fewer and fewer as more people shop online,” Dunhoff said. “In the future, perhaps that will change again, but right now we…
Customers told ‘no refund’s after business liquidation
Cycling Weekly reported that Primera Sports, in Charminster Road, went into liquidation after insolvency firm Leonard Curtis said its directors took the “difficult decision” to close under mounting financial pressure. Its Winton premises have been shut for about a week, prompting criticism from customers who said they paid for servicing days before the closure and…
PANDION AG files for insolvency proceedings in self-administration – Dealroom
PANDION AG files for insolvency proceedings in self-administration Dealroom Read the original article here
No Cookies | The Cairns Post
To use this website, cookies must be enabled in your browser. 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 making requests to websites without cookies that had previously been set. This appears to be a…
The Rescue Culture Under CAMA 2020: Has Nigeria Truly Moved Beyond Liquidation?
By Oluwaleye Adedoyin Grace Abstract The Companies and Allied Matters Act 2020 (CAMA 2020) introduced a significant change in Nigerian corporate insolvency law by incorporating formal mechanisms directed at the rescue and rehabilitation of financially distressed companies. In particular, the introduction of Company Voluntary Arrangements (CVAs) under sections 434–442 and administration under sections 443–549 represents…
Shaky foundations: Bathla’s downfall is one of many warning signs for Australia’s construction industry | Housing
Donna Jones’s new “lovely little one-bedroom unit” was supposed to be part of her retirement plan. The 63-year-old disability support worker’s new apartment, which she bought off-the-plan from the Bathla Group, looked great. It would be smaller and easier to manage, much closer to her grandchildren than her old place, and, she believed, ready in…
Believe Early Learning: Preserving Essential Services Through Voluntary Administration
Andrew Blundell of Cathro & Partners uses the restructuring of Believe Early Learning to show how voluntary administration can preserve viable childcare businesses by maintaining operations, protecting regulatory approvals and jobs, refinancing secured creditors and delivering a better return to unsecured creditors than liquidation, while stressing that early intervention is critical in a sector facing…
Bombay High Court Revives Svadeshi Mills After Two-Decade Liquidation; Approves Grand View Plan Benefiting 2,834 Workers and 48-Acre Sion Redevelopment Under Section 466 Companies Act
Bombay High Court Allows Revival of Svadeshi Mills After 21 Years; Says Workers’ ₹223-Crore Settlement and Redevelopment Plan Serve Public Interest and Commercial Morality Facts Svadeshi Mills Company Limited had been ordered to be wound up on 5 September 2005. More than two decades later, Grand View Estates Pvt. Ltd., together with Forbes & Co.…
Staff made redundant as Kintore haulage firm enters liquidation – Press and Journal
Staff made redundant as Kintore haulage firm enters liquidation Press and Journal Read the original article here