Creditors of Curo Construction and its interiors subsidiary could get back 28p in the pound after a judge this morning (17 July) granted an application by the firm to appoint administrators. Curo Construction had faced a hearing next month into a winding-up petition brought by steelwork firm Nationwide Structures. But, at an insolvency hearing this…
15-year-old travel company ends in bankruptcy, cancels all trips thestreet.com Read the original article here
The Mumbai Bench of the National Company Law Tribunal (NCLT) has dismissed an insolvency plea filed by Phantom Studios India Pvt Ltd against Eros International Media Ltd. The Tribunal held that Phantom Studios’ claim for ₹1.48 crore arising from the parties’ co-production arrangement for the film NH10 did not qualify as an operational debt under…
Summary: In approving Ravelin’s CBCA plan of arrangement, the Court rejected a debentureholder’s attempt to carve out a proposed securities claim from the arrangement release, holding that distressed issuers are not required to provide “blow by blow” disclosure of non-binding restructuring negotiations before a transaction is ready to be announced. The debentureholder alleged that Ravelin…
German DIY store operator Hellweg and its subsidiary sales division, Baywa Bau & Garten, have applied to the Essen Local Court for insolvency proceedings under self-administration. The court has granted both applications. The company has announced that the management will retain full authority to act and issue instructions. There are two separate proceedings: one involving…
Administrator.uk says its transport and logistics list was last updated on 17 June and includes 30 companies that have entered administration in 2026, including three so far in June. The category covers road, rail, sea, air and warehousing businesses, rather than road haulage alone. The June entries listed by the tracker are Techlogico Limited, Sunhill…
Administrator.uk says its transport and logistics list was last updated on 17 June and includes 30 companies that have entered administration in 2026, including three so far in June. The category covers road, rail, sea, air and warehousing businesses, rather than road haulage alone. The June entries listed by the tracker are Techlogico Limited, Sunhill…
UK business insolvency stress has remained significantly above its historical baseline for 17 consecutive weeks, according to FrictionIndex, the UK’s first weekly measure of corporate insolvency activity across 21 economic sectors. T The index is currently elevated, with 12 of the main 18 tracked sectors showing above-normal stress levels despite an 8.4% decline over the…
Meghan Markle breaks silence on rumors she’s going to go bankrupt The rumor mill has been churning out rumors of Meghan Markle’s bankruptcy for a while now, with some even saying she’s exhausted a lot of Prince Harry’s inheritance in the process of trying to keep As Ever afloat. However the Duchess’ spokesperson has finally…
To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…