Wednesday 5th August 2026, 10:03am Big Difference Company, the organisers of Leicester Comedy Festival, has ceased trading, with debts to acts and promoters estimated to be over £100,000 The charity cites “increasing costs, a difficult funding environment, and significant pressures within the live comedy sector” as reasons The Live Comedy Association has set up a…
Dutch circular denim brand goes bankrupt Ecotextile News Read the original article here
From restructurings to cross-border insolvency proceedings, legal frameworks in Hong Kong and Taiwan are evolving to help businesses respond to financial challenges HK charging order absolute affirmed despite liquidation in BVI Jingtian & Gongcheng’s dispute resolution team secured an important victory for a creditor client (the applicant) with the landmark dismissal of an appeal by…
Members’ Voluntary Liquidation vs Strike off Crowe Read the original article here
A Salad and Go restaurant in Phoenix, Az. Source: Google Earth Salad and Go has filed for Chapter 11 bankruptcy and is closing all existing locations on Wednesday. The company said in a statement to CNBC that it sought bankruptcy protection due to prior strategic growth challenges, weakening consumer demand and higher costs. Diner fears…
Key Facts: GT Advisory & Consulting, a Gold Coast-based insolvency and restructuring practice founded by Glenn O’Kearney in May 2016, is celebrating its 10th anniversary this month. To mark the milestone, the firm has released its FY2026 insolvency activity overview, noting that ASIC recorded 12,819 corporate insolvency appointments nationally for the year to 31 May…
Insolvency practitioners say there’s been ‘interest’ in assets of collapsed Merrie England coffee shops chain Huddersfield Hub Read the original article here
The Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has called for improved mechanisms that will allow banks to provide financing to distressed but viable companies without compromising credit discipline. Dr Asiama said businesses facing financial difficulties should not automatically be treated as failures, arguing that some companies could recover if they receive…
REVEALED: Latest business liquidations in Manningham Herald Sun Read the original article here
On 27 July 2026, the UK Supreme Court held unanimously in Drelle v Servis-Terminal LLC [2026] UKSC 29 that an unrecognised and unregistrable foreign judgment for a debt or definite sum of money can constitute a “debt” for the purposes of section 267 of the Insolvency Act 1986, so that a creditor can present a…