First, the court approved the accommodation agreement, which was necessary to maximize the value of the debtor’s assets. The court noted that AlixPartners Restructuring, Inc., the proposal trustee, supported the agreement, which would not prejudice any creditor. Read the original article here
While the collapse of Spirit Airlines at the start of May continues to dominate headlines as the most high-profile airline shutdown of 2026, a number of other small airlines around the world have also seen their finances fall to the point of having to file for bankruptcy and cease operations. Mexican holiday carrier Magnicharters also filed…
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REVEALED: Latest business liquidations in Casey Herald Sun Read the original article here
Jonjua Overseas files EOI for Soni Soya Products insolvency scanx.trade Read the original article here
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REVEALED: Latest business liquidations in Brisbane The Courier Mail Read the original article here
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ORGANISERS of a country music festival held in Carmarthen have thanked visitors for their support while admitting that parts of the event “did not go exactly as planned”. This Ain’t Texas Festival took place at the United Counties Showground on Saturday (Jun 27), promising live country music, line dancing, American BBQ, street food, western-themed stalls…