The Really Local Group announced on Friday (November 7) that its company had been forced into liquidation after eight years. Liquidation is when a company shuts down and sells its assets to repay its debts. The Really Local Group ran two cinemas in south London – Throwley Yard in Sutton, which opened in September 2024…
Mid-course correction financialexpress.com Read the original article here
Paytm Drags WinZO to the Bankruptcy Court. Another huge court case is about to take place in the technological and the gaming industry in India where fintech giant Paytm has petitioned the court over insolvency against the popular online gaming platform WinZO. This case now pending in New Delhi before the bench of the National…
The Really Local Group announced on Friday (November 7) that its company had been forced into liquidation after eight years. Liquidation is when a company shuts down and sells its assets to repay its debts. The Really Local Group ran two cinemas in south London – Throwley Yard in Sutton, which opened in September 2024…
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Australian label Exotic Athletica will officially fold this week after 10 years in business. The Queensland-based activewear and athleisure brand collapsed into voluntary administration in April. Administrators SV Partners announced at the time they were hoping to find a buyer for the “much-loved” brand, which launched in 2014, but the rescue bid failed to come…
REVEALED: Latest business liquidations in Monash Herald Sun Read the original article here
When the Insolvency and Bankruptcy Code (IBC) came into force in 2016, it was presented as a legal fix to expedite bankruptcies. It turned out to be much more: a structural reset of incentives that has rebalanced power in Indian business, revived credit markets, and crucially — altered the behaviour of promoters. At the heart…
Apartment-style rental company couldn’t find a financial solution and partially blames poor Marriott integration for its business failure. SAN FRANCISCO – One day after Marriott International terminated its licensing agreement with Sonder, the apartment-style rental hospitality company announced it will wind down its operation and initiate a Chapter 7 liquidation of its U.S. business. Sonder…
Pieces of history up for grabs at now-former Hollywood Theater The Bethesda Health Clinic is giving the community a chance to own a piece of local cinema history as it prepares for a massive renovation of the former Regal Tyler Rose Theatre (also known as the Hollywood Theater) at 1250 S Southwest Loop 323. Items…