Just a few weeks ago, a rescue appeared to be within reach. Now the situation has taken a dramatic turn: Accell Group – the parent company of Haibike, Ghost, Lapierre, Winora, Raleigh and several other bicycle brands – has initiated insolvency proceedings. We have obtained an internal message from CEO Jonas Nilsson to all employees,…
The New South Wales Court of Appeal has upheld orders holding two directors liable for losses suffered by their insolvent cosmetics company after it incurred substantial liabilities for renovations to their family home and transferred almost $1 million offshore shortly before liquidation. In Kim v JM World AU Pty Ltd (in liq); Bak v JM…
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Three related Auckland construction firms in liquidation, $16.49m owed BusinessDesk | NZ Read the original article here
It comes after a court action by HMRC against the Glasgow-based company. The appointment of the liquidator to Impact Contracts (Glasgow) Limited follows a petition to Glasgow Sheriff Court. The petition for His Majesty’s Revenue and Customs related to the winding up of the company based at Craigton Industrial Estate, and for a liquidator to be…
Duke Property Ltd, which runs the Duke of Cambridge bar on Little Clarendon Street, entered Creditors Voluntary Liquidation on July 28. This is a a liquidation procedure that enables a company to be wound up by resolution of the members of the company instead of by a court order. READ MORE: Over 500 jobs at…
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REVEALED: Latest business liquidations in Melton Herald Sun Read the original article here
Forshaw Demolition is a family-owned business that has operated for 23 years and boasts more than 80 years of combined experience. It provides services such as asbestos removal, industrial decommissioning, and the dismantling of concrete and steel structures, including road and rail bridges. The company also delivers residential, city centre, and high-rise demolition projects. The…
Forshaw Demolition is a family-owned business that has operated for 23 years and boasts more than 80 years of combined experience. It provides services such as asbestos removal, industrial decommissioning, and the dismantling of concrete and steel structures, including road and rail bridges. The company also delivers residential, city centre, and high-rise demolition projects. The…