Enerparc files for insolvency – PV Tech

In response, the court said it had appointed Stefan Denkhaus, an attorney and partner at the Hamburg-based corporate law firm BRL, as provisional insolvency administrator. Denkhaus said: “The insolvency proceedings began today. I am already holding initial discussions with the executive board, the company’s advisors and the lenders to stabilise the company.” Enerparc AG is…

19 Motcomb Street operator enters liquidation owing more than £9m

Pantechnicon (London) Limited’s creditor schedule shows debts of more than £9m, with the company’s restaurants and bars having closed in July ostensibly for refurbishment. The complex is home to Japanese restaurant Sachi, Provençal restaurant Amélie and late-night lounge Luum. Companies House records confirm that Jack Callow and Anthony Davidson of Opus Restructuring have been appointed…

UK clothing company enters administration after 43 years

Fanela specialises in print-on-demand solutions including direct-to-garment, transfer, sublimation, embroidery, and volume printing. The company serves customers across the UK and Europe and has built a strong reputation with a 4.4-star rating on Google. Those who have used Fanela commented on the company’s “high quality” products and “impeccable” customer service. One customer said: “I highly…

UK clothing company enters liquidation after six years

VV Season, founded in 2020, sold “luxury” streetwear online and developed a following of more than 17,000 across Instagram and Facebook. A notice published on September 7 revealed that liquidators were appointed on August 27. Within months of launching, the brand was already attracting high-profile fans, including professional footballer Dion Sanderson, now with Derby County,…

UK clothing company enters administration after 43 years

Fanela specialises in print-on-demand solutions including direct-to-garment, transfer, sublimation, embroidery, and volume printing. The company serves customers across the UK and Europe and has built a strong reputation with a 4.4-star rating on Google. Those who have used Fanela commented on the company’s “high quality” products and “impeccable” customer service. One customer said: “I highly…

Governance Challenges Under Proposed CIIRP Framework

The Insolvency and Bankruptcy Code, 2016 (“IBC”) was conceived as a time-bound, creditor-driven mechanism to preserve enterprise value and impose market discipline on distressed firms. Over time, however, the functioning of the Corporate Insolvency Resolution Process (“CIRP”) has revealed structural stress. Admission delays, repeated adjournments, litigation at every stage, and information asymmetry between creditors and…