UK furniture company enters administration after 26 years

Jadebay Limited, founded in November 2000, trades as Nöa & Nani, with the online company offering “affordable, design-led” children’s furniture. The Nöa & Nani adds: “Motivated by our own family’s needs and desires, Nöa & Nani understands how to create a chic, cosy and contemporary home. “We believe that families deserve expertly designed, unique yet functional…

UK furniture company enters administration after 26 years

Jadebay Limited, founded in November 2000, trades as Nöa & Nani, with the online company offering “affordable, design-led” children’s furniture. The Nöa & Nani adds: “Motivated by our own family’s needs and desires, Nöa & Nani understands how to create a chic, cosy and contemporary home. “We believe that families deserve expertly designed, unique yet functional…

UK furniture company enters administration after 26 years

Jadebay Limited, founded in November 2000, trades as Nöa & Nani, with the online company offering “affordable, design-led” children’s furniture. The Nöa & Nani adds: “Motivated by our own family’s needs and desires, Nöa & Nani understands how to create a chic, cosy and contemporary home. “We believe that families deserve expertly designed, unique yet functional…

UK furniture company enters administration after 26 years

Jadebay Limited, founded in November 2000, trades as Nöa & Nani, with the online company offering “affordable, design-led” children’s furniture. The Nöa & Nani adds: “Motivated by our own family’s needs and desires, Nöa & Nani understands how to create a chic, cosy and contemporary home. “We believe that families deserve expertly designed, unique yet functional…

UK furniture company enters administration after 26 years

Jadebay Limited, founded in November 2000, trades as Nöa & Nani, with the online company offering “affordable, design-led” children’s furniture. The Nöa & Nani adds: “Motivated by our own family’s needs and desires, Nöa & Nani understands how to create a chic, cosy and contemporary home. “We believe that families deserve expertly designed, unique yet functional…

What does it really mean to go bankrupt?

There are a lot of myths and misconceptions when it comes to bankruptcy. But it is also a process that an increasing amount of Americans are facing. Filings at the end of March this year “were up almost 12% from a year earlier,” said NPR. This suggests that a “growing number of Americans have reached…

NCLT approves Shree Naman’s ₹1,800 cr offer for Gstaad & Neo Hotels in rare full recovery bankruptcy deal

The offer exceeds the total net admitted liabilities of approximately ₹1,227 crore across both entities, marking a rare outcome under the Corporate Insolvency Resolution Process (CIRP). Gstaad Hotels, which owns the JW Marriott Hotel in Bengaluru, was acquired for ₹1,611 crore against admitted liabilities of ₹1,202 crore. Neo Capricorn Plaza, owner of Hotel Crowne Plaza…

Bombay High Court Quashes Insolvency Professional’s Suspension Over SCN Based On Extraneous Material

The Bombay High Court has quashed an Insolvency and Bankruptcy Board of India (IBBI) Disciplinary Committee order suspending insolvency professional Jitender Kumar Jain’s authorisation for assignment for three months. The court found that the show-cause notice issued to Jain was based on material outside the investigation conducted against him. A Bench of Justice Manish Pitale…