Property developer Michael O’Flynn has won his High Court challenge to a personal insolvency arrangement (PIA) secured by his former business partner and neighbour John O’Driscoll. Judge Nessa Cahill, in upholding O’Flynn’s objection to the PIA coming into effect, found O’Driscoll was “unequivocally not insolvent” in November, 2021. That means his PIA is deemed at…
The Insolvency and Companies List has dismissed a wide-ranging specific disclosure application brought in an unfair prejudice petition, ruling both that transactions carried out by an independent liquidator after a company enters creditors’ voluntary liquidation cannot generally be treated as conduct of that company’s affairs, and that the disclosure sought in any event failed to…
Fall in the number of new start-up firms in Wales business-live.co.uk Read the original article here
“Misuse of the insolvency process has been coming up more and more often in recent years, and the courts have already dealt with a fair number of cases where companies or creditors tried to bend the IBC to serve purposes it was never meant for,” said Piyush Agrawal, Partner, AQUILAW. IBC practitioners also…
Why Enerparc insolvency is a warning sign for European solar’s new reality – PV Tech Skip to content Read the original article here
The appellate tribunal then laid down how such cases should be handled. If the request for resolution plan or the resolution plan itself contains a clause dealing with the death of the applicant, that clause can be followed. If neither document says anything about it, the plan can be sent back to the CoC to…
The district court in The Hague declared Infinite Acres Holding B.V. and Infinite Acres B.V. bankrupt on September 8, 2026, and published the ruling the following day. The Dutch technology subsidiary of vertical farming company 80 Acres Farms operated from Laan van Waalhaven 267 in The Hague. The filingThe two entities were filed as…
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Pvwerk, Sister Company of Insolvent Enerparc, Files for Restructuring in Germany energynews.pro Read the original article here
The district court in The Hague declared Infinite Acres Holding B.V. and Infinite Acres B.V. bankrupt on September 8, 2026, and published the ruling the following day. The Dutch technology subsidiary of vertical farming company 80 Acres Farms operated from Laan van Waalhaven 267 in The Hague. The filingThe two entities were filed as…