Berlin-based Native Instruments GmbH has entered preliminary insolvency proceedings. Native Instruments is the parent company of iZotope, Plugin Alliance, and Brainworx. According to a report by CDM (Create Digital Music), a preliminary insolvency administrator has been appointed for Native Instruments, which means the company’s assets may undergo restructuring, including potential sales. In 2021, a majority…
The new programme will become a permanent feature of the Insolvency, Restructuring and Dissolution Act 2018 [SINGAPORE] An insolvency programme for micro and small companies will be revamped to make debt restructuring and winding up more accessible, with simpler eligibility criteria and streamlined processes. This new programme “aims to facilitate the orderly winding up of…
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Liquidators have been appointed to a company managing the Seven Stars pub in Kingsbridge, Devon (Image: Getty) Liquidators have been appointed to a pub management company despite a £161,000 revamp by the owner of the watering hole’s building. The Seven Stars in the town of Kingsbridge, Devon, reopened in July 2021 after the “characterful” pub…
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Subscriptions had not yet been cancelled because the company was planning an “end of empire sale” initiated by the liquidators and wanted to let their customer base know when it was on. Once the sale date was confirmed and information was available online, all subscriptions would be cancelled; however, subscriptions could be cancelled any time…
The corporate entity formerly known as Diginex, which last operated under the EQONEX brand, remains entangled in a multifaceted liquidation process. With its core operational business effectively dissolved, there is no traditional enterprise left to value. For remaining shareholders and creditors, the focus has narrowed exclusively to the specifics of the court-supervised administration and the…