Sponsored by AAB Group If your business is in financial distress and trades in both Northern Ireland and the Republic, or has creditors based in both jurisdictions, there’s something important you need to be aware of. Pre-Brexit, entering restructuring as a cross-border business was straightforward. When both the UK and Ireland operated under EU legislation,…
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The High Court in Lautoka granted a Nadi-based company leave to oppose winding-up proceedings after the presiding judge found that the applicant, a Chinese company, attempted to weaponise the legal action to compel the respondent to make a payment due to it. In a judgment, Justice Mohamed Azhar granted leave to Amira Furnishings Pte Ltd…
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Problems for the British oil and gas company The company, which extracts oil and gas in the North Sea, applied for administration yesterday, threatening thousands of jobs in the UK. Petrofac, with about 2,000 employees based in Aberdeen, employs 1,200 workers on the shelf and another 800 specialists engaged in training and operational activities. This…
The Bill’s design raises concerns about excessive delegation of power to the executive | Photo Credit: Akhilesh The Insolvency and Bankruptcy Code (Amendment) Bill, 2025, introduced in Parliament during the monsoon session, seeks to plug a major gap in India’s insolvency regime. It proposes a new Chapter VA on group insolvency — a long-awaited reform…
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REVEALED: Latest business liquidations in Vincent dailytelegraph.com.au Read the original article here