Jobs saved after heating business bought in pre-pack deal – TheBusinessDesk.com
Jobs saved after heating business bought in pre-pack deal TheBusinessDesk.com Read the original article here
DOMO Chemicals files for insolvency amidst high costs and non-EU imports | Article
DOMO Chemicals is among the DOMO Group subsidiaries filing for insolvency – an outcome attributed to high energy prices, low demand, and ongoing imports from non-EU countries. Headquartered in Ghent, Belgium, DOMO Group’s subsidiary companies manufacture and sell polymers, engineering plastics, and high-performance plastics for the consumer and industrial goods sectors, among others. The company…
Claire’s Faces New Legal Battle in the UK as Modella Capital Abandons Rescue Effort
Claire’s is back in court in the UK. Modella Capital, which rescued the company last year, has begun insolvency proceedings for the accessories chain in the UK and Ireland for the second time in less than a year. Last September, Modella took over Claire’s UK business in a deal that saw the closure of…
Claire’s enters insolvency with Irish jobs at risk – Business Post
Claire’s enters insolvency with Irish jobs at risk Business Post Read the original article here
Claire’s stores in Ireland facing insolvency as rescue attempt fails
Fashion and accessories retailer Claire’s is on the brink of administration, putting dozens of jobs in Ireland at risk. Claire’s is owned by Modella Capital, a private equity firm, which recently bought the high street arm of WH Smith – renamed TG Jones. A majority of Claire’s Irish and UK business assets were bought by…
Bankruptcies in Luxembourg stabilise, but construction sector still suffering – Luxembourg Times
Bankruptcies in Luxembourg stabilise, but construction sector still suffering Luxembourg Times Read the original article here
What does going into administration mean for a business?
Since Covid, many big businesses across the UK have been affected financially with some closing down. But before any closures, businesses enter administration, followed by restructuring the business, selling off assets, or even liquidating. Here’s all you need to know about administration and how businesses end up falling into it. What does going into administration…
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Judge blocks RBC’s bid to bankrupt assets of two construction brothers, but issues bust of company holding major Coquitlam industrial property
Colliers Canada image marketing the Golden Drive property for sale A B.C. Supreme Court judge has dismissed the RBC’s attempt to push two Smith family holding companies into bankruptcy, but granted an application to bankrupt a third company holding a 6.6 acre property in Mayfair Industrial Park. In a ruling issued on Dec. 23, 2025,…
Insolvency filing lifts lid on Believer Meats’ mounting costs
Cultivated meat startup Believer Meats has filed an application with the Lod District Court in Israel to open insolvency proceedings and appoint a trustee to represent the interests of its creditors. In its Dec 31 filing, three weeks after it announced it had ceased operations, Future Meat Technologies Ltd (doing business as Believer Meats) applied…