IRD pursues 44 sushi companies – BusinessDesk | NZ
IRD pursues 44 sushi companies BusinessDesk | NZ Read the original article here
Banks and landlords are pounding on the door; can mm2 Asia survive the siege?
It has been a difficult year for mm2 Asia, whose Cathay Cineplexes unit has already entered voluntary liquidation [SINGAPORE] Mired in debt and facing insolvency, mm2 Asia is experiencing its annus horribilis. This year, its iconic Cathay Cinexplexes unit shuttered under millions in debt; now the entertainment group itself is facing existential threat as banks…
No Cookies | The Cairns Post
To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…
Scope, Rights, and Judicial Clarity
The enactment of the Insolvency and Bankruptcy Code, 2016 (IBC) marked a paradigm shift in the way corporate insolvency is addressed in India. Central to the code is the distinction between financial creditors and operational creditors, as only certain creditors can initiate proceedings under Section 7 of the IBC for the initiation of the Corporate…
Aussie activewear label collapses owing $13m
Exoticathletica will cease trading after going into voluntary administration owing a reported $13m in debts. Image: Facebook Australian active wear label Exoticathletica will cease trading after it fell into voluntary administration with $13m in debts. The company posted on social media they will close its doors on Sunday after 10 years of “wild, messy, fabulous…
Active wear label Exoticathletica collapses owing $13m in debts
Australian active wear label Exoticathletica will cease trading after it fell into voluntary administration with $13m in debts. The company posted on social media they will close its doors on Sunday after 10 years of “wild, messy, fabulous leggings, crops and chaos”. “It’s time for us to say something we never thought we would: Exotica…
Pro-Pac Packaging Enters Voluntary Administration, CEO Role Made Redundant
Meet Your ETF AI Analyst An announcement from Pro-Pac Packaging Limited ( (AU:PPG) ) is now available. Pro-Pac Packaging Limited has entered voluntary administration, leading to the redundancy of its CEO, Ian Shannon. The Federal Court of Australia and the High Court of New Zealand have extended the period for convening creditor meetings by six…
Sonder Holdings Announces Liquidation Amidst Financial Struggles
Sonder Holdings has announced a significant move as it heads towards liquidation. Following the termination of its partnership with Marriott, the company found itself unable to secure viable financial alternatives. Consequently, Sonder Holdings has filed for Chapter 7 liquidation. This decision marks a critical point in its operations, affecting its global presence. Let’s delve into…
Sonder Holdings News Today, Nov 11: Financial Issues Lead to Immediate Liquidation
Sonder Holdings Inc. (SOND) is facing a significant financial crisis, prompting a Chapter 7 liquidation. This decisive move follows the abrupt end of its collaboration with Marriott International amid ongoing financial instability. As of today, SOND’s stock has plunged by over 60%, trading at $0.2039. Struggling with financial setbacks, the company now grapples with its…
No Cookies | Daily Telegraph
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…