Inside Housing – News – Construction sector in England and Wales most affected by company insolvencies

News30.04.2510.30 AM by Max Colbert The construction industry has the highest number of insolvencies across all recorded sectors in England and Wales, a trend which has continued across the past decade. Picture: Alamy Sharelines Construction sector in England and Wales most affected by company insolvencies #UKhousing The construction industry has the highest number of insolvencies across…

PF obligations must survive insolvency, rules Bombay HC

In a landmark judgment, the Bombay High Court in Nagpur has clarified that a company undergoing insolvency cannot shirk its statutory obligations towards employees. The Court directed Dalmia Cement (Bharat) to settle over Rs 25 crore in outstanding Employees’ Provident Fund (EPF) dues owed to workers of Murli Industries, a company it had acquired through…

Greenpeace accuse UK government of losing control of deep sea mining exploration licences as parent company goes bust

Environmental group puts in symbolic £1 bid as UK licences auctioned off Greenpeace UK lawyers have written to the UK government to express serious concern about its lack of control over two deep sea mining exploration licences that it sponsors via UK Seabed Resources (UKSRL).  UKSRL’s parent company, Loke Marine Minerals AS, recently declared bankruptcy…

Rossendale business director, Liam Hennessey banned

Liam James Hennessey, 28, has been disqualified from being a director of a company for the next 11 years. Mr Hennessey, of Manchester Road, Haslingden, applied for Nero Plant Limited to receive a £50,000 Bounce Back Loan during the Covid-19 pandemic. Under the BBL scheme, businesses could apply for a loan of between £2,000 and…

The Bankruptcy Bible: Practical Guide

Part 1: A Broad Overview of Bankruptcy ‘As privileged professionals, who live by the words of the English language, lawyers have a special duty to be clear in what they say and write’[1] When discussing any area of law, precision is essential. A common source of confusion amongst both lawyers and the public generally is…

Montauk Metals Provides Corporate Update

TORONTO, April 29, 2025 (GLOBE NEWSWIRE) — Montauk Metals Inc. (TSX-V: MTK) (the “Company” or “Montauk”) announces that Mr. Robert Suttie has resigned from his position as Chief Financial Officer of the Company, effective immediately. The Board of Directors would like to thank Mr. Suttie for his service to Montauk and wishes him the best…