New Year hangover: company liquidations jump in January – The Press
New Year hangover: company liquidations jump in January The Press Read the original article here
Seven-year director ban and £30k fine for Aberdeen takeaway
A former Aberdeen takeaway boss has been banned from being a company director for seven years after employing three illegal workers. Qiqing He, 54, hired the workers at the now-closed Chinese Cooking takeaway on Holburn Street. Immigration Enforcement officials raided the premises in September 2022 and discovered three workers, all Chinese nationals in their 50s…
Rettenmeier Holding Acquires Large Share of Insolvent Ziegler Group’s Operations
Wood Markets News Rettenmeier Holding Acquires Large Share of Insolvent Ziegler Group’s Operations International Markets Posted on February 3, 2025 The timber group Rettenmeier Holding AG has acquired the sawmill and other significant parts of the wood processing division of the Ziegler Group, its insolvency administrator announced on Friday, BR24 reported (1-31-25). Specifically, Rettenmeier will…
Articles – Landmark Judgments of Supreme Court on Insolvency and Bankruptcy Code (IBC) – The Law Advice
Articles – Landmark Judgments of Supreme Court on Insolvency and Bankruptcy Code (IBC) The Law Advice Read the original article here
Is the University going bankrupt?
The University of York is facing a financial crisis and are consequently trying to lower their running costs, but there is significant concern about how this will affect students’ experience, as well as the quality of teaching. Nouse spoke to a staff member from the TFTI department who said: “Every department had to produce a…
Abhishek Bachchan, who quit college when dad Amitabh went bankrupt, says he will ‘turn heaven and earth upside down’ to not lose money in business | Bollywood News
Abhishek Bachchan, who has been an entrepreneur for many years now, recently spoke about his investments, and said that there was a time when he was signing films just to fund his sporting business. But, he said, that isn’t the case anymore. The actor said that this strategy took the joy out of creative work,…
Owner of defunct Ponsonby restaurant SPQR declared bankrupt – Stuff
Owner of defunct Ponsonby restaurant SPQR declared bankrupt Stuff Read the original article here
GuardKnox collapses after raising $60 million, blames war for lost funding
Israeli auto-tech company GuardKnox, which has raised $60 million to date, has filed for insolvency after accumulating debts of NIS 11 million ($3.06 million). Founded in 2016 by Israel Air Force veterans Moshe Shlisel, Dionis Teshler (who was the company’s CTO before leaving two and a half years ago), and Idan Nadav, Guardknox developed an…
Former SPQR owner Chris Rupe declared bankrupt as liquidators claw back restaurant trademark
The report also noted Rupe undertook a sale and transfer of the “SPQR” trademark to a related party prior to liquidation. McCullagh and Lawrence established that while the sale had not been completed, the trademark was transferred to the related party. The liquidators recently organised the transfer of the trademark back to the company and…
Turnover up as restructuring and insolvency practice plots growth course
Opus Restructuring & Insolvency, the restructuring and insolvency firm, is marking a significant milestone at its Nottingham office with a 46% rise in turnover. Established in 2021 by Louise Williams, the Nottingham branch has grown from a single-person operation during the OVID restrictions to a team of seven professionals. The Nottingham office has expanded its…