Moorland School parents redirected to insolvency company

Private school Moorland, in Clitheroe, informed parents and teachers on Wednesday it would be shutting its doors on Friday, March 28, citing financial strains. The shock announcement left parents frantically trying to contact former proprietor and headteacher Jonathan Harrison, but they were redirected to consultancy firm Begbies Traynor Group. However, the business said it has…

Don’t scrap sale of firm as going concern – Opinion News

By Surendra Raj Gang On February 4, the Insolvency and Bankruptcy Board of India (IBBI), issued a discussion paper on proposed amendments for solutions to operational challenges encountered in the Corporate Insolvency Resolution Process (CIRP) and the liquidation process under provisions of the Insolvency and Bankruptcy Code, 2016 (IBC). One of the proposed amendments is…

23andMe bankruptcy is bad for everyone

How did 23andMe go bankrupt? The same way bankruptcy was described by Ernest Hemingway in 1926: “Two ways: Gradually, and then suddenly.” Since its founding in 2006, the company, which aimed to give consumers access to their genetic information, faced what seemed like one killing blow after another: questions of whether its business was ethical,…