Patchwork Foods in Ruthin was founded in 1982 by Margaret Carter in her kitchen, and went on to become famous for pates and other specialities. An award-winning business for much of its four decades of trading, Margaret, son Rufus and business partner Jen Whitham helped it achieve a £2 million annual turnover. The trio left the business as…
German meats supplier Allgäu Fresh Foods (AAF) has filed for insolvency protection proceedings amid “increasing” cost pressures. In a statement announcing the move, the company said it submitted the application to the competent district court in Kempten on 22 April. The Feneberg Group subsidiary said cost and price pressures have been “increasing simultaneously” in this…
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R3 responds to March 2025 insolvency statistics Yorkshire Post Read the original article here
Giving a company the best opportunity to continue in existence Dentons Read the original article here
Article 232 of China’s new Company Law expressly specifies directors as liquidation group members, while article 238 stipulates their mandatory liquidation duties and associated liabilities. These substantive amendments to the obligations of liquidators have altered the application of liability standards and exemption criteria. This article explores these legal developments through representative case studies, offering preliminary…
Construction on Investa’s stalled $450 million build-to-rent development in Melbourne could resume by June if a new builder can be appointed to replace failed contractor Roberts Co, which went into administration last month, sources close to the fund manager said. The decision by Rich List businessman Andrew Roberts to call administrators into his Victorian company…
Liberty Steel’s Liège facility in Belgium has been declared bankrupt and already attracted attention from multiple potential buyers, sources familiar with the situation tell Kallanish. These include NLMK and ArcelorMittal, according to sources, while Tosyali, rumoured to be among the interested parties for Liberty’s Dudelange unit in Luxembourg, may also be in the running. Neither Liberty,…
Techindia Nirman Limited Schedules Fourth CoC Meeting Amid Insolvency Proceedings TipRanks Read the original article here
Scottish business insolvencies increase by 3% Credit Connect Read the original article here