Lawrence Kenwright allowed Signature Works Gold Limited, of which he was the sole registered director, to distribute marketing material containing false and misleading information Investors lost more than £4.8 million Kenwright has been banned from acting as a company director for five years The founder of Liverpool-based Signature Group has been banned as a company…
Sheffield United’s owners are focused on the new season despite the club’s former owners suggesting they face a “real prospect” of administration ahead of an insolvency court hearing on Wednesday. Sky Sports News reported last month that the club’s previous owners, United World, had issued a winding-up petition against the current owners. United World, which sold Sheffield…
The Bucharest Tribunal is examining today the STB’s request for insolvency. Informat.ro Read the original article here
Adenauer & Co., the German fashion and retail group founded in 2010, is set to continue its operations under new ownership following the acquisition of substantial assets of the insolvent company by an investor consortium led by BK Retail Group, Daniela Rumberg and Axel Heiter. Adenauer & Co., the German fashion and retail group founded…
New Delhi: The bankruptcy regulator has called on insolvency professionals (IPs) to be watchful of at least nine “indicators”-including the initiation of resolution process involving firms with no or negligible operations and assets, and such entities with substantial loans to or from related parties-to curb any potential abuse of law. The move, experts said, would…
Adenauer & Co., the German fashion and retail group founded in 2010, is set to continue its operations under new ownership following the acquisition of substantial assets of the insolvent company by an investor consortium led by BK Retail Group, Daniela Rumberg and Axel Heiter. Adenauer & Co., the German fashion and retail group founded…
Hamilton accountants lose bankruptcy stoush with BNZ The Waikato Times Read the original article here
Adenauer & Co., the German fashion and retail group founded in 2010, is set to continue its operations under new ownership following the acquisition of substantial assets of the insolvent company by an investor consortium led by BK Retail Group, Daniela Rumberg and Axel Heiter. Adenauer & Co., the German fashion and retail group founded…
The arithmetic is brutal: an 89 percent share-price collapse in a single month has left PANDION trading at €4.80, down another 4 percent on the day. But the real story sits outside the daily chart. The Cologne-based property group has filed for insolvency, and the fate of a development portfolio worth roughly €4.8 billion now…
The math is brutal, and the market is pricing it in without hesitation. PANDION shares have shed 89 percent of their value over the past 30 trading days, with the equity now changing hands at €4.65 after a 7 percent slide on the day. The technical picture reads like a distress signal: a relative strength…