Timaru recruitment firm insolvent: Creditors owed $525k – The Press
Timaru recruitment firm insolvent: Creditors owed $525k The Press Read the original article here
The Container Store files for bankruptcy amid mounting debt : NPR
The Container Store said the bankruptcy process will have no impact on customers and that it will keep all 102 of its U.S. locations open. Smith Collection/Gado/Getty Images hide caption toggle caption Smith Collection/Gado/Getty Images The Container Store — once the premier hub for all things storage and organization — filed for bankruptcy amid mounting…
Infinexa appointed judicial administrator for three companies in the Grande Gloria Production Group following insolvency filing
Infinexa, a Romanian entrepreneurial company specializing in the restructuring and financing of distressed businesses, with approximately €170 million in assets under management, has been appointed by the Galați Court as the judicial administrator of Grande Gloria Production S.A., Passage Food S.R.L., and Gloria Market S.R.L.—three companies within the Grande Gloria Production Group, headquartered in Galați.…
Ansal API Declared Bankrupt: Thousands of Investors Stuck in Financial Limbo
The National Company Law Tribunal (NCLT) has declared Ansal API bankrupt, putting thousands of homebuyers and investors in a crisis. The tribunal has also appointed an Interim Resolution Professional (IRP) to handle the company’s projects, raising concerns about whether investors will ever get their money back. What Went Wrong? Ansal API had undertaken major real…
Coatbridge decorating firm Orr closes after 40 years
Coatbridge-based decorating firm Andrew P Orr (Decorators) Limited has ceased trading. Gordon McIntyre and George Lafferty, insolvency practitioners with McLaren Insolvency, have been appointed joint provisional liquidators of the company, which traded as Orr Decorators. Founded 40 years ago, Orr Decorators had a turnover of nearly £3 million and employed 32 staff. The business provided…
Former Sargon Capital founder Phillip Kingston sold ute, golf membership before being declared bankrupt, court documents show
Nicole Tyson, counsel for Kingston’s trustee in bankruptcy, told the Federal Court last week that Kingston had further bank accounts and, potentially, assets in Hong Kong that required investigations to learn more about his financial position. The court heard the $151 million provided to the Sargon-associated company by the Chinese financier appeared to have been…
Shah Rukh Khan Goes Bankrupt? NEW VIRAL Video Of Astrologer Claims REAL Reason Of Actor Moving Out Of Mannat – Filmibeat
Shah Rukh Khan Goes Bankrupt? NEW VIRAL Video Of Astrologer Claims REAL Reason Of Actor Moving Out Of Mannat Filmibeat Read the original article here
All staff made redundant as Scottish company collapses
Andrew P Orr (Decorators), founded 40 years ago and based in Coatbridge in Lanarkshire, had a turnover of nearly £3 million and employed 32 staff. The business, which the joint provisional liquidators noted provided a wide range of painting and decorating and related services including expertise in environmentally friendly coatings and finishes, experienced “significant cashflow…
FIR Filed Against EY Partners by Byju’s Over Alleged Criminal Conspiracy
BENGALURU — In a move that could intensify one of India’s most closely watched corporate battles, Byju’s has filed an FIR accusing senior partners at Ernst & Young and members of a resolution team of conspiring against the company. The complaint, made public via a social media post by founder Byju Raveendran, names resolution professionals…
Lobster Cave’s Bill Ferg makes pitch to avoid bankruptcy – The Greek Herald
Bill Ferg (Vasilios Fergadiotis), owner of Melbourne’s Lobster Cave restaurant, has submitted a last-minute proposal to creditors to avoid bankruptcy, aiming to settle over $7 million in debts through a personal insolvency agreement. The offer was made just two days before a scheduled Federal Court hearing. If rejected, Ferg could be declared bankrupt and forced…