Southern Co-op will “most likely” go into administration if members vote against the merger with Co-op Group, resulting in store closures and jobs losses, it has warned. CEO Ben Stimson and chair Janet Paraskeva issued the warning in a letter to members yesterday (22 April), as they were “concerned that some of the conversations being…
Colombia’s Oma Secures Its Future After Superintendency Approves Rescue Plan ColombiaOne.com Read the original article here
Educomp CoC Advances Insolvency Process With New Resolution Applicant Framework TipRanks Read the original article here
Boat firm creditors face big shortfall PressReader Read the original article here
Richard Bathgate, restructuring partner and licensed insolvency practitioner at Johnston Carmichael LLP, has been appointed interim liquidator of Centurion Plumbing Services (Scotland) Ltd. The company, which operated depots in Muir of Ord and Elgin, ceased trading on 31 March 2026 due to significant cash flow challenges. All 10 staff were made redundant by the director.…
A Scottish property company has been placed into liquidation. Liquidators were appointed to the company trading in Airdrie following a court action. Companies House documents show liquidators were appointed after FKA Property Limited, which was registered to a West Lothian address, following an action at Livingston Sheriff Court. The company address was changed from Inchwood…
Can firms withhold payments to sanctioned suppliers without facing insolvency? Mint Read the original article here
Company behind Thomson TVs & media boxes goes bankrupt FlatpanelsHD Read the original article here
BGR Energy Systems has informed stock exchanges that the National Company Law Tribunal (NCLT), Amaravati Bench, has admitted an insolvency petition against the company, initiating the Corporate Insolvency Resolution Process (CIRP). According to the company’s disclosure, the tribunal, in its order dated April 17, 2026, admitted the application filed by National Asset Reconstruction Company Limited…
Iran war to tip 15,000 more firms into insolvency, Allianz warns Insurance Business Read the original article here