REVEALED: Latest business liquidations in Brisbane – The Courier Mail
REVEALED: Latest business liquidations in Brisbane The Courier Mail Read the original article here
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GRID acquires Bayes Esports’ IP assets following insolvency
Game data platform GRID has acquired the intellectual property assets of B2B esports data company Bayes Esports, following Bayes’ recent insolvency filing. The assets acquired include live data trading solutions, prediction models, and fan engagement tools developed by Bayes over the last decade. The acquisition will see Bayes’ assets integrated into GRID Bet, the company’s…
UK Founder Series: Insolvency and Considerations for Directors and Investor Representatives | Orrick, Herrington & Sutcliffe LLP
Orrick’s Founder Series offers monthly top tips for UK startups on key considerations at each stage of their lifecycle, from incorporating a company through to possible exit strategies. The Series is written by members of our market-leading London Technology Companies Group (TCG) team, with valued contributions from practitioners across Orrick’s recognised practice areas. Our Band…
Palm Beach County development site goes bankrupt amid $47 million foreclosure – The Business Journals
Palm Beach County development site goes bankrupt amid $47 million foreclosure The Business Journals Read the original article here
Morarjee Textiles Holds Key Creditors Meeting Amid Insolvency Process
Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. The latest announcement is out from Morarjee Textiles Limited ( (IN:MORARJEE) ). Morarjee Textiles Limited has announced the holding of its Twenty Ninth Meeting of the Committee…
Morarjee Textiles Continues Insolvency Resolution Efforts
Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Morarjee Textiles Limited ( (IN:MORARJEE) ) just unveiled an update. Morarjee Textiles Limited has announced the holding of its Twenty Eighth Meeting of the Committee of Creditors…
Bakery Firm That Closed Harborough Stores Set for Voluntary Liquidation – HFM
A bakery firm that closed both its Market Harborough stores earlier this week is set to enter voluntary liquidation. Butterwick shut 12 of its 14 sites including the shops on Church Street and at the railway station, leaving more than 60 staff out of work. The owners of the Northamptonshire-based company said the decision was…
Evidence Is Everything: Strike Out Application Dismissed As “Hopeless And Speculative” In The Insolvency And Companies Court – A Company -v- Visionary Future LLC & Ors. – Arbitration & Dispute Resolution
The Insolvency and Companies Court, in A Company -v- Visionary Future LLC & ors. (unreported), has dismissed an application by a company seeking to strike out, or alternatively restrain advertisement of, a winding-up petition brought by creditors. The judgment underlines the critical importance of providing proper and substantiated evidence in insolvency proceedings. Lewis Silkin acted…
More than two thirds of Carillion businesses unable to pay creditors seven years on from collapse
Carillion collapsed in January 2018 owing close to £7 billion, with only £29 million in cash. The company’s insolvency sent shockwaves through the industry, impacting more than 30,000 suppliers and subcontractors, and led to significant government and public sector projects – around 450 construction and service contracts – being thrown into uncertainty. At the time,…