All nine employees at Walleys Quarry landfill site have been laid off following the collapse of its operator. Walleys Quarry Ltd (WQL) entered voluntary liquidation last month, three months after the controversial Silverdale landfill site was issued with a closure notice. Michael Denny and Jonathan Marston, both of Brighton-based Alvarez & Marsal Europe LLP, have…
Since its inception, the National Law Institute University’s Centre for Business and Commercial Laws(CBCL), has been recognised as a “Centre of Excellence”. Constituted in 2008, the Centre is dedicated to fostering research and promoting awareness of Indian business and commercial laws. The flagship event of CBCL, the NLIU-Trilegal Summit on Corporate and Commercial Laws, is…
Brief Facts The present appeal arises from an order passed by the National Company Law Tribunal (NCLT), New Delhi. The dispute is regarding an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC), filed by M/s Acute Daily Media Pt. Ltd. and others claiming to be the financial creditors of M/s Sharp…
A popular dining destination has been placed into voluntary administration as it battles with the cost-of-living crisis. The sprawling business in Penrith, which includes a cafe, bar and restaurant, first opened two years ago. Dubbed “Western Sydney’s most memorable venue”, the site has been the backdrop for many weddings and special events. However, “a period…
CAMBRIDGE, Mass. and ROSTOCK, Germany and BERLIN, March 12, 2025 (GLOBE NEWSWIRE) — Centogene N.V. (OTC: CNTGF) (“CENTOGENE” or the “Company”) today announced it has closed its transaction to sell its operating subsidiaries to an affiliate of Charme Capital Partners Limited (“Charme”). As announced on November 13, 2024, the Company had entered into definitive agreements…
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Australian Securities and Investments Commission data shows that in the nine months to the end of March, more than 2000 construction companies entered administration and represented the greatest number of company failures, accounting for nearly 27.7 per cent in that period. According to now-deleted content on Bensons’ website, one of its core values is integrity,…
Disgruntled investors in collapsed cobalt miner Jervois Global have called for an emergency shareholder meeting after an American court rejected attempts to derail a bankruptcy deal that would leave them empty-handed. A court in Texas last week denied a request by two minor shareholders in the ASX-listed company to prevent a voluntary administration agreement that…
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The Ministry of Corporate Affairs may look into a whistleblower’s allegation against accounting firm EY in a case related to education tech startup Byju’s insolvency process. The whistleblower has come forward with allegations, claiming that the insolvency process of Byju’s was manipulated by US-based lender GLAS Trust with the collusion of EY India and Interim…