A building firm in a UK seaside town has collapsed into liquidation. Southwood Building Contractors Limited is based in Christchurch, Dorset. A listing published on January 27 said that a virtual meeting of creditors of the business – individuals or bodies owed money by the company – is being held by its directors on February…
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Ex-employee seeks liquidation of Menzies Aviation NZ BusinessDesk | NZ Read the original article here
ASouth African couple who left behind a collapsed real estate business after client trust money was allegedly moved into other accounts, are now operating a network of NDIS-approved companies and a charity in Australia. Two disability businesses linked to husbands Lenard Barend Swanepoel-Trollip, 44, and Christiaan Frederick Beyers Swanepoel-Trollip, 57, have since collapsed, allegedly owing…
Corporate insolvencies seen to rise again in 2026 as interest rate risks linger: Coface Insurance Business Read the original article here
The legislative push comes as official data and independent analysis reveal a critical gap between the Insolvency and Bankruptcy Code’s (IBC) intended efficiency and its on-ground performance. While the framework has successfully driven down gross non-performing assets (NPAs) for scheduled commercial banks to a multi-year low of 2.05% as of September 2025, the process…
Creditors left more than $2.8m out of pocket as employment agency liquidation wraps up Stuff Read the original article here
By Hope Patti · January 28, 2026, 9:29 PM EST An asset management company asked a Connecticut state court for permission to intervene in the insurance commissioner’s rehabilitation of struggling insurer PHL Variable Insurance Co., saying the commissioner’s “surprise” plan to… To view the full article, register now. Read the original article here
MissChu, the popular Vietnamese tuckshop and catering business, has gone into voluntary administration. In a statement from KordaMentha, the company appointed as administrators, MissChu’s financial pressures appeared to be caused by “the lack of controls over fixed costs in the business, the expansion of the retail tuckshops through trading and the closure of the Opera…
Solfest goes into liquidation cumbriacrack.com Read the original article here