REVEALED: Latest business liquidations in Wyndham – Herald Sun
REVEALED: Latest business liquidations in Wyndham Herald Sun Read the original article here
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Miyoko’s founder plans bid to buy back brand from liquidator
Miyoko Schinner is aiming to put together a bid to buy back the plant-based dairy brand (Miyoko’s) she created, three years after being removed from the board as CEO, AgFunderNews has learned. Other interested parties including animal welfare donor and investor Satish Karandikar are also understood to be putting together bids this week although Karandikar…
Mourant's Jessica Vickers appointed co-chair of Cayman Islands branch of global insolvency and restructuring confederation – Cayman Compass
Mourant’s Jessica Vickers appointed co-chair of Cayman Islands branch of global insolvency and restructuring confederation Cayman Compass Read the original article here
Old Mutual’s reprieve as court halts insolvency proceedings – Business Daily
Old Mutual’s reprieve as court halts insolvency proceedings Business Daily Read the original article here
IBBI sets rules to break gridlock between insolvency, money-laundering laws
New Delhi: India’s bankruptcy regulator has stepped in to break a gridlock between insolvency and money-laundering laws that has often stalled revival of companies. The Insolvency and Bankruptcy Board of India (IBBI) has offered guidance on how administrators of bankrupt firms could go about reviving the company when its assets are attached by the Directorate…
They survived the hurricane. Their insurance company didn’t. – Northeastern University
They survived the hurricane. Their insurance company didn’t. Northeastern University Read the original article here
Building control firm enters insolvency
One of the UK’s largest building control firms, Assent Building Compliance, has confirmed it has ceased trading After recent concerns regarding its viability future and a pre-tax loss of £2.2m, the collapse of Assent has been confirmed, with a… Read the original article here
NCLAT Upholds Liquidation of Independent TV, Dismisses Reliance Realty’s Appeal, ETLegalWorld
The appellate tribunal NCLAT has set aside an appeal filed by Reliance Realty, a step-down entity of debt-ridden Reliance Communications, seeking recovery of rental and assets from Independent TV, a firm which was in the DTH business and is now facing liquidation. The National Company Law Appellate Tribunal (NCLAT) has upheld the earlier order passed…
Insolvent firms’ assets get protection from ED – Industry News
The Insolvency and Bankruptcy Board of India (IBBI) and Enforcement Directorate (ED) have mutually devised a mechanism, allowing insolvency professionals (IPs) to bring assets of corporate debtors attached by the Enforcement Directorate (ED) back into the resolution pool. Such restitution of the assets is expected to give a fillip to the resolution process, by reducing…