The National Company Law Tribunal (NCLT), Chennai Bench, has ordered the initiation of the Corporate Insolvency Resolution Process (CIRP) against Kamachi Steels Private Limited. The order, relating to petition number CP(IB)/84(CHE)/2025, was pronounced by the Division Bench on October 15, 2025. The petition was filed under Section 9 of the Insolvency and Bankruptcy Code (IBC),…
Award winning inclusive children’s publisher Knights Of is to close, The Bookseller understands, with accountancy firm Hart Shaw instructed to place the company in liquidation, pending a vote of the shareholders. The company – which as of 16th October ceased trading – is expected to go into liquidation during the week of 10th November. Shareholders include co-founder…
A federal judge ordered that the bankruptcy case filed by Dr. Phil McGraw’s Merit Street Media be converted to a Chapter 7 liquidation, saying that the Trump-backing celebrity TV psychologist showed a lack of candor by deleting incriminating text messages that revealed a scheme to pay “favored creditors.” According to Bankruptcy Judge Scott Everett, “there…
Dr. Phil My Television Network’s Gonna Be Sold Off For Scrap! Published October 29, 2025 9:17 AM PDT It looks like Dr. Phil‘s going to be asking for some advice in the near future … because he just took a major loss in his… Read the original article here
Third Sector Australia Limited, trading as Momentum Collective, has entered voluntary administration, putting the future of 5,000 clients – including 674 receiving Commonwealth Home Support Programme (CHSP) services – under a cloud. FTI Consulting was appointed administrator on 16 October 2025. In a letter to staff, the administrators said services will continue on a business-as-usual…
The railway manufacturing sector in Hungary is on the brink as two major companies, Ganz-Mavag International (GMVI) and Dunakeszi Vehicle Repair Works, face court-ordered liquidation. While the Hungarian government may still intervene to save them — potentially meaning renationalisation — the risk of their assets being sold off has placed thousands of jobs in danger…
Date published: 29 October 2025 The Department for the Economy (the Department) has accepted a disqualification undertaking from the director of a company with a registered activity of manufacture of cocoa and chocolate confectionery. The undertaking was received for eight years from Stephanie Fulton (35) of Edengrove Park, Ballynahinch, Co. Down, in respect of her…
A federal judge ordered that the bankruptcy case filed by Dr. Phil McGraw’s Merit Street Media be converted to a Chapter 7 liquidation, saying that the Trump-backing celebrity TV psychologist showed a lack of candor by deleting incriminating text messages that revealed a scheme to pay “favored creditors.” According to Bankruptcy Judge Scott Everett, “there…
TV personality Dr. Phil‘s bankruptcy case is not going the way he wanted it to. Dr. Phil, whose full name is Phil McGraw, cannot keep the bankruptcy of his media startup Merit Street Media in Chapter 11, Judge Scott W. Everett of the U.S. Bankruptcy Court for the Northern District of Texas ruled on Tuesday,…
Seventynine Lighting, which went into administration a year ago shortly after being hit by the collapse of ISG, has now gone into liquidation. The Gloucestershire-based subcontractor owed more than £2m when it went under in October 2024. Mark Boughey and Rebecca Dacre of Forvis Mazars, who were appointed as the company’s administrators, have now been…