Opus selected for Hickory administration process

Culinary events company Hickory has announced that it will enter into administration. Professionals from Opus Restructuring & Insolvency have been installed to oversee the work. Established in 2012, Hickory is a Scotland-based events firm, with a reputation for “bold culinary events in incredible venues, with a focus on innovative and invigorating menus”, according to its…

Bankrupt Bradley Wiggins reveals he’s getting financial help from disgraced Tour de France drug cheat Lance Armstrong

Bradley Wiggins has revealed that he has been offered financial aid from a somewhat unexpected source – former cycling legend turned disgraced drug cheat Lance Armstrong.  Wiggins, who won a previous national record eight Olympic gold medals, was one of the greatest cyclists ever produced by Great Britain, winning titles on both the track and…

IBC Monthly Digest: November 2024

Noida Special Economic Zone Authority Vs. Manish Agarwal & Ors., CIVIL APPEAL NOS. 5918-5919 OF 2022, 2024 LiveLaw (SC) 858 STATE BANK OF INDIA AND ORS. Versus THE CONSORTIUM OF MR. MURARI LAL JALAN AND MR. FLORIAN FRITSCH AND ANR.| C.A. No. 5023-5024/2024 and Connected, 2024 LiveLaw (SC) 866 Pratham Expofab Private Limited v. Mr.…

Australian liquidators’ powers in cross-border insolvency proceedings  court appoint a provisional liquidator?

This week’s TGIF considers the recent Federal Court of Australia decision in PricewaterhouseCoopers Inc in its Capacity as Foreign Representative of IE CA 3 Holdings Ltd v IE CA Holdings Ltd [2024] FCA 1208, concerning a cross-border insolvency application. Key takeaways: PricewaterhouseCoopers Inc in its Capacity as Foreign Representative of IE CA 3 Holdings Ltd v…

Liberty Steel officially bankrupt in Dudelange

Neither the local management nor the company’s lawyers were present at the Luxembourg Commercial Court at 9am on Friday 29 November. However, Liberty Liège-Dudelange and its Luxembourg site were declared bankrupt after the management admitted that it was in suspension of payments. Olivier Wagner was appointed receiver in front of a few journalists and the…