Landmark decision on forced contractual assignment and ipso facto clauses: Hudson’s Bay Company ULC et al. In a case that captured the public’s attention throughout 2025, eight objecting landlords successfully opposed HBC’s proposed sale of 25 of its most consequential leases to Ruby Liu Commercial Investment Corp (Central Walk)1. This dispute tested the boundaries…
The National Company Law Tribunal (NCLT) has recalled the Corporate Insolvency Resolution Process (CIRP) initiated in the matter of Alchemist Limited, holding that it was vitiated by fraud, collusion, and malicious intent as found allegedly by the Enforcement Directorate. The NCLT, exercising its powers under Section 65 of the Insolvency and Bankruptcy Code (IBC), has…
Red Flag Alert reveals 5k Bristol businesses are experiencing ‘significant’ distress BristolWorld Read the original article here
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Service of Petitions on Companies House Default Addresses: Key Rulings and Practical Implications Lexology Read the original article here
Wight Business Services, or WBS, which is based on Daish Way, Newport, has gone insolvent. The County Press has been told the company owes suppliers and staff money. A sign has appeared on the doors of the premises, revealing WBS is now under the control of the official receiver. The sign adds: “Removing any item…
SAB Events & Governance Now Media Limited Reports Q3FY26 Profit Amid Ongoing Financial Challenges scanx.trade Read the original article here
Pompey food provider Piglet’s Pantry insolvent with staff are told they will not be paid portsmouth.co.uk Read the original article here
Neil Aldridge was first banned as a company director in 2019 for three-and-a-half years after his landscaping firm failed to pay more than £80,000 in tax Aldridge disregarded the disqualification and continued to run a phoenix company which accumulated hundreds of thousands of pounds in tax debts He has now been disqualified from running companies until…
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