Wood Markets News Rettenmeier Holding Acquires Large Share of Insolvent Ziegler Group’s Operations International Markets Posted on February 3, 2025 The timber group Rettenmeier Holding AG has acquired the sawmill and other significant parts of the wood processing division of the Ziegler Group, its insolvency administrator announced on Friday, BR24 reported (1-31-25). Specifically, Rettenmeier will…
Articles – Landmark Judgments of Supreme Court on Insolvency and Bankruptcy Code (IBC) The Law Advice Read the original article here
The University of York is facing a financial crisis and are consequently trying to lower their running costs, but there is significant concern about how this will affect students’ experience, as well as the quality of teaching. Nouse spoke to a staff member from the TFTI department who said: “Every department had to produce a…
Abhishek Bachchan, who has been an entrepreneur for many years now, recently spoke about his investments, and said that there was a time when he was signing films just to fund his sporting business. But, he said, that isn’t the case anymore. The actor said that this strategy took the joy out of creative work,…
Owner of defunct Ponsonby restaurant SPQR declared bankrupt Stuff Read the original article here
Israeli auto-tech company GuardKnox, which has raised $60 million to date, has filed for insolvency after accumulating debts of NIS 11 million ($3.06 million). Founded in 2016 by Israel Air Force veterans Moshe Shlisel, Dionis Teshler (who was the company’s CTO before leaving two and a half years ago), and Idan Nadav, Guardknox developed an…
The report also noted Rupe undertook a sale and transfer of the “SPQR” trademark to a related party prior to liquidation. McCullagh and Lawrence established that while the sale had not been completed, the trademark was transferred to the related party. The liquidators recently organised the transfer of the trademark back to the company and…
Opus Restructuring & Insolvency, the restructuring and insolvency firm, is marking a significant milestone at its Nottingham office with a 46% rise in turnover. Established in 2021 by Louise Williams, the Nottingham branch has grown from a single-person operation during the OVID restrictions to a team of seven professionals. The Nottingham office has expanded its…
Section 5(26)1 of the Insolvency and Bankruptcy Code, 2016 (IBC or Code) defines a “resolution plan” as one proposed by a resolution applicant for resolving a corporate debtor’s insolvency as a going concern, while Section 302 concerns its submission to the resolution professional (RP). While the IBC and associated Regulations form a complete Code on…
New York (CNN) — Even the power of Marie Kondo may not be enough to save the Container Store. In 2019 and 2020, the Container Store got a big boost from “Tidying Up,” the hit Netflix show from the home de-cluttering evangelist. Customers rushed into stores to buy storage bins, pantry and drawer organizers, shelves…