Owner of custom bike specialists Spoon and WyndyMilla enters liquidation, after falling demand and rising costs put business in “impossible position”

Liquidation

British cycling company Spoon Group, the owner-operator of bespoke bike brands Spoon Customs and WyndyMilla, as well as custom paint business Gun Control, has entered liquidation, following extensive efforts to adapt to what the group’s owner described as the ongoing “challenging market conditions” affecting the bike industry in recent years. At the start of 2020,…

Liquidator resigns over ‘draining’ of company’s bank accounts – The Irish Times

Liquidation

The liquidator of a restaurant and café in Castleknock, Dublin, resigned after discovering the operating company’s bank accounts had been “drained of funds”, the High Court has heard. Castleknock Hospitality Ltd, which ran the Twin Oaks and Acorn restaurant/café, went into voluntary liquidation last September having closed last May after just under two years in…

Takeda Announces Subsidiary Liquidation and Merger Completion

Liquidation

https://www.tipranks.com/news/company-announcements/takeda-announces-subsidiary-liquidation-and-merger-completion Takeda Pharmaceutical Company ( (TAK) ) has shared an update. Takeda Pharmaceutical Company has submitted an extraordinary report detailing its decision to dissolve its specified subsidiary, Shire Pharmaceuticals International Unlimited Company, through liquidation. This move results in a significant change in the voting rights structure, marking the completion of a merger process where Takeda…