Dave Riley has joined Azets as a partner. He arrives at a time when the UK faces a rise in insolvencies, and a bump in demand for Azets’ restructuring services. Figures also show that housebuilding in the construction sector – a key bellwether of economic health – has plummeted to levels not seen since the…
UK businesses continued to face intense financial pressure throughout 2025, with 28,616 insolvency activities recorded, while start-ups declined, according to a new report from R3. While corporate insolvency-related activities – including administration and voluntary and compulsory liquidations- eased slightly compared with 2024, when there were 29,366 instances, they remain significantly above pre-pandemic norms, reflecting a…
The controversy surrounding the Cyprus community of Sydney has continued, with some members having now lodged an application to the Federal Court seeking to restore Cyprus Community of N.S.W (Holdings) Limited to member control. The application was lodged by Dr Con Costa concerns the Holdings entity, a company linked to the Cyprus Community of NSW…
The hospital’s Mumbai facility remained entangled in legal and lease-related disputes with MCGM over unpaid rent and land-use conditions, repeatedly derailing earlier revival efforts. One such attempt in 2019, led by New Medical Centre (NMC), was ultimately struck down by the Supreme Court, further delaying resolution. Read the original article here
Elaine Wilkins, director at Bournemouth-based Antony Batty and Company, said that while the Chancellor’s decision to temporarily scale back proposed business rate rises for pubs is welcome, the measures do not go far enough to protect the broader hospitality and retail sectors. Ms Wilkins said: “The Chancellor’s decision for a temporary scale back of the…
Native Instruments, the company behind Kontakt, Maschine, and Traktor, has entered preliminary insolvency. Here’s what it means for users. Big news from Berlin: Native Instruments, the company behind Kontakt, Maschine, and Traktor, has officially entered preliminary insolvency proceedings. A court-appointed administrator, Prof. Dr. Torsten Martini, is now in charge of figuring out if the company…
Music hardware and software manufacturer Native Instruments has entered into preliminary insolvency proceedings, . This is the company behind iconic software like Massive, Traktor and Kontakt and hardware like Maschine+. Native Instruments also owns the brands iZotope, Brainworx and Plugin Alliance. We don’t have many specifics as to what this entails and what the future…
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The service said the company was told in March 2023 it had not paid sufficient VAT to HMRC, with a demand for full payment made. No payments were made, and in June that year HMRC presented a winding-up petition, claiming an outstanding debt of £32,427,882. The company was subsequently wound up in August 2023, and an…
Leicester director disqualified over bank transfer to Montenegro BBC Read the original article here