Liquidators of Northland engineering firm Obelisk Industrial chase director over $9m shortfall BusinessDesk | NZ Read the original article here
The liquidators said they had nevertheless served demand letters on Culham seeking recovery of the amount alleged to have been misappropriated, and would “pursue all available legal remedies”. Obelisk’s sole shareholder is listed as Kara Culham, who shares an address with Steven Culham in Auckland’s Swanson, according to the Companies Office. Obelisk is said to…
Open this photo in gallery: Saks Global estimated its assets and liabilities both fall within a range of US$1-billion to US$10-billion, according to court filings with the U.S. Bankruptcy Court for the Southern District of Texas.Brendan McDermid/Reuters The U.S. department store company that was split off from Hudson’s Bay Co. a little over one year…
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Saks Global, the parent company of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, is seeking a financial lifeline. The company filed for Chapter 11 bankruptcy protection late Tuesday, citing cash shortfalls and missed key payments. Saks, which had been trying to secure $1 billion in financing to keep its stores open, recently missed interest…
Energy and insolvency: When may an insolvent company pay a dividend? CMS LAW-NOW Read the original article here
Co-developer of new banana variety goes bankrupt Resource online Read the original article here
Blow for bankrupt jockey Frankie Dettori as he’s saddled with £765k tax bill The Irish Sun Read the original article here
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By WILL GRIFFEE Published: 23:32 AEDT, 14 January 2026 | Updated: 00:01 AEDT, 15 January 2026 Legendary jockey Frankie Dettori has been unable unable to pay his £765,000 tax debt following the liquidation of his companies. The 55-year-old said last year he had been left ’embarrassed’ after being forced to file for bankruptcy having failed to…