Lucy Winterborne and Alistair Wardell of law firm Grant Thornton UK were appointed joint administrators of the Cornish pasty producer. According to Grant Thornton, Crantock entered insolvency after failed attempts to sell the business in recent weeks. Despite the best efforts of management, cash has deteriorated rapidly leaving the directors with no choice but to…
New Delhi: Patanjali Ayurved will not back out from the race to acquire bankruptcy-bound Ruchi Soya and explore all options, including legal, to clinch the deal, its Managing Director Acharya Balkrishna said on Tuesday. Adani Wilmar, which sells cooking oil under the Fortune brand, and Baba Ramdev-led Patanjali are in the fray to acquire debt-ridden…
Charlie Flanagan The number of new applications for insolvency solutions through the Insolvency Service of Ireland (ISI) increased by 39 per cent in 2017. The figure is contained in the ISIs latest annual report, which Justice Minister Charlie Flanagan laid before the Oireachtas yesterday. Speaking afterwards, Mr Flanagan thanked Lorcan OConnor, director of the ISI,…
In an ongoing dispute between distraught homebuyers and Gayatri Hospitality & Realcon Ltd, a realty firm in Noida, the former claim that the latter has not so much as laid a brick in Gayatri Aura, a project it launched way back in 2011. The company has been booked for cheating, fraud, and…
The boss of a collapsed building company that left 30 homeowners in the lurch has been declared bankrupt for the second time. Auckland man Stephen Foley was the director of Point To Point Holdings, which went into liquidation at the start of 2017, leaving 30 houses at various stages of construction between Tuakau and Whangarei.…
An astounding 77 per cent of SMEs reported being happy to work as a business owner for their entire working career, but many don’t realise how short lived their working career might be, a new survey has found. A recent survey of over 2,000 ServiceSeeking users found that a vast majority are operating at the…
At the height of the mad cow disease scare, from the confines of his prison cell, former “young businessman of the year” Martin Evans came up with an audacious ostrich-meat scam which robbed some pensioners of their life savings. Before he became a drugs kingpin, smuggling millions of pounds worth of cocaine and ecstasy pills…
It’s the iron ore mine that has spent more time under water than in production. The Cockatoo Island mine sits off the remote West Kimberley coast, 2,000km north of Perth. The mine’s main deposit sits below sea level, behind a seawall. Constant maintenance and dewatering is needed to prevent more seawater from seeping in, costing…
Michael Allen, 64 of Ashbourne, Derbyshire, was a director of Allen and Hunt Construction Engineers Limited, a specialist company in manufacturing and erecting steel-framed agricultural and industrial buildings. In July 2014, one of Allen and Hunt Construction Engineers Limiteds workers was carrying out repairs on a farm building in Buxton, when they fell through the…
Dutch rooftop farm declared bankrupt Based on your current location, we selected the Oceania edition of FreshPlaza.com for you I want to remain in this edition Please click one of the other regions below to switch to another edition. Read the full article at: http://www.freshplaza.com/article/197838/Dutch-rooftop-farm-declared-bankrupt