Investor says Topo Designs can't pay debts, seeks receiver for control of company – The Business Journals
Investor says Topo Designs can’t pay debts, seeks receiver for control of company The Business Journals Read the original article here
Jon Adgemis has been trying to keep his $1.8 billion collapse secret. But then his CFO took the stand in court
Aug 15, 2026 – 5.00am Jon Adgemis, Australia’s biggest bankrupt since Alan Bond, is fighting to keep the details of his financial collapse secret. Last week, he thought he was winning. He’d succeeded in delaying his appearance at a bankruptcy hearing that is examining the $1.8 billion implosion of his hospitality empire. And the Federal…
Leeds freight company with unpaid international debts shut down
Malcolm Wright Associates Limited wound up in the public interest following an Insolvency Service investigation. Company left overseas freight businesses with unpaid debts totalling more than $508,000 (US), €334,000 and £25,000. The company was shut down following a hearing at the High Court in Manchester on 11 August 2026. A Leeds-based freight business has been shut…
BFG Supply prepares chapter 11 bankruptcy filing
BFG Supply is preparing to file for chapter 11 in the coming weeks, according to sources. The greenery company is expected to conduct a sales process in court with proceeds used to pay creditors, including lender Ares Management, the sources said. The…
GVK Power Q1 Results: Standalone profit of ₹9 lakh, auditors issue disclaimer – scanx.trade
GVK Power Q1 Results: Standalone profit of ₹9 lakh, auditors issue disclaimer scanx.trade Read the original article here
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Access Denied You don’t have permission to access “http://www.plasticsnews.com/processors/recycling/sp-carboliq-chemical-recycler-germany-insolvency/” on this server. Reference #18.33834768.1786695093.12acda41 https://errors.edgesuite.net/18.33834768.1786695093.12acda41 Read the original article here
Company behind The Gretna Inn pub goes into liquidation
The Gretna Inn Limited had total creditor claims of £580,824.71, according to a statement of affairs signed by director Iain William Broughton on July 8. The company is described in the insolvency documents as trading as Crossways Inn Hotel, the former name of The Gretna Inn on Annan Road in Gretna. Natalie Hughes, of Simply…
CIIRP: What the New Creditor-Led Insolvency Route Means for Banks
For a financial creditor, a stressed account is a race against time. Working capital dries up, customers drift away, suppliers tighten credit, and key employees leave – often long before a formal insolvency application is even filed. By the time CIRP begins, the business a creditor is trying to resolve may already be…
Consolidated Fruits avoids liquidation following Kiwi Crunch collapse – BusinessDesk | NZ
Consolidated Fruits avoids liquidation following Kiwi Crunch collapse BusinessDesk | NZ Read the original article here