The first liquidator’s report on a commercial entity linked to Destiny Church shows it owes a combined $2,681,147.72 to creditors including Inland Revenue and a plumbing centre. The sole shareholder of Te Hahi O Nga Matamua Holdings Limited is Destiny Church NZ Trust and its sole director is Jennifer Marshall, assistant to controversial church leader…
Unpaid taxes, fines, growing debt: Inside Melbourne builder collapse Herald Sun Read the original article here
In front of the Brandt factory in Vendôme, France, December 11, 2025. JEAN-FRANCOIS MONIER/AFP The French industrial sector has just suffered another shock. The fate of the country’s last manufacturer of large home appliances, which had been owned by Algerian conglomerate Cevital since 2014, of its flagship brands Brandt, Vedette, Sauter and De Dietrich, and…
Companies Office records show a new liquidator, Steven Khov of Auckland-based Khov Jones Limited, was appointed on December 3. The Rotorua health and wellness centre, formerly known as Queen Elizabeth Hospital, was put into liquidation on November 20. According to the first report by the original liquidator, Tom Rodewald of Rodewald Consulting, QE Health Ltd…
Designs in Mind has appointed Begbies Traynor as liquidator to carry out a controlled wind-down of the company. The art and design group, where adults living with mental health challenges work together on experimental art and design projects, had moved online after closing its shop in Cross Street in March. On Friday (December 12), it…
Administrators for failed Australian salad farm company Dicky Bill have revealed its business debts to hundreds of staff and suppliers could exceed $10 million. Dicky Bill went into voluntary administration late last month, leaving 180 workers scrambling to find new jobs in the lead up to Christmas. Dicky Bill operated two farms at Maffra, Victoria…
German business insolvencies hit 11-year high in first 9 months Anadolu Ajansı Read the original article here
German corporate insolvencies to reach decade-high in 2025 Investing.com India Read the original article here
First five months of 2025 see nearly 2,200 business insolvencies Lexpert Read the original article here
In the context of the Insolvency and Bankruptcy Code (IBC), the Supreme Court has held that a ‘pre-existing dispute’ capable of barring the initiation of a Corporate Insolvency Resolution Process under Section 9 must be real, genuine, and supported by substantive evidence, and not a moonshine defence raised merely to obstruct CIRP. A bench of…