Manchester Pride has been put into voluntary liquidation – and the future of the event is now in doubt. Artists and suppliers are owed money following this year’s event, according to an Instagram statement issued by Pride’s board of trustees. Pride’s organisers cited rising costs, declining ticket sales and an unsuccessful bid to host Euro…
Manchester Pride has been put into voluntary liquidation – and the future of the event is now in doubt. Artists and suppliers are owed money following this year’s event, according to an Instagram statement issued by Pride’s board of trustees. Pride’s organisers cited rising costs, declining ticket sales and an unsuccessful bid to host Euro…
The Corporate Insolvency Resolution Process (CIRP) against FSCSL was initiated on January 5, 2023 following a petition filed by DHL Ecommerce (India) Pvt. Ltd. under Section 9 of IBC. Rajan Rawat was appointed as the Interim Resolution Professional (IRP) and subsequently confirmed as the Resolution Professional (RP). After several rounds of reconstitution and extensions, the…
Latest corporate insolvency figures highlight ‘stable stress’ across the North East Sunderland Echo Read the original article here
Can a contractor pursue insolvency proceedings where the debt is disputed and an arbitration clause exists? This was the central issue before the Court of Appeal in Kwale International Sugar Company Limited v Epco Builders Limited & 2 Others [2025] KECA 227 (KLR), a case with implications for contractors, employers and legal practitioners navigating construction…
News ‘We are very distressed at the position in which we find ourselves’ Manchester Pride has announced that the company has entered the process of voluntary liquidation, after it emerged that several of this year’s performers had gone unpaid. The hugely popular LGBTQ+ event, which spills from the Gay Village and into surrounding venues every…
In a statement posted on social media this week (October 20), the Bishop’s Stortford festival announced its 2023 edition “will now prove to have been the last”. The statement continues: “Due to significant financial losses sustained in 2022 and 2023 we were unable to run the festival in 2024 and 2025. “For the last 18…
‘We had hoped to be able to find a way to continue’ A statement on the future of Manchester Pride has been issued(Image: Kenny Brown | Manchester Evening News) The team behind Manchester Pride have begun the process of entering into voluntary liquidation, it has been announced this afternoon – with the future of the…
Australian Regional airline Rex has a US buyer, administrators have confirmed. The announcement on Tuesday evening comes more than a year after the airline entered voluntary administration. Air T – which operates a number of aviation businesses in the US – has entered a sale and implementation deed with EY, the administrators…
Anka, the pan-African e-commerce platform for African creators formerly known as Afrikrea, has been acquired by the newly-formed Global Shop Group for an undisclosed sum, approximately two months after its French parent company MANSAART entered judicial liquidation. The acquisition represents a rapid and forced sale following the collapse of the venture-backed startup’s parent entity. Court…