German corporate insolvencies at highest level in a decade, study shows – MSN
German corporate insolvencies at highest level in a decade, study shows MSN Read the original article here
Public Trust makes claims of $900m against SolarZero as liquidator updates a complex state of affairs – Business Desk NZ
Public Trust makes claims of $900m against SolarZero as liquidator updates a complex state of affairs Business Desk NZ Read the original article here
Australian entertainment company collapses owing $7.5m, workers left jobless with eight days notice
An entertainment company that toured theatre shows across Australia including Elvis: The Musical Revolution and Cruel Intentions collapsed owing $7.5 million – with one artist now lifting the lid on how unpaid entitlements “burned” the cast and “messed” with their lives. The Australian producer has also been criticised for already launching a new company that…
Creditors over $500k out of pocket after liquidation
An Otago and Canterbury firewood business which was ordered into liquidation by Dunedin’s High Court has left creditors out of pocket more than $500,000. Needmor Firewood Ltd was placed into liquidation in September 2022 by order of the High Court of Dunedin, on the petition of the Inland Revenue Department (IRD). In their final report,…
IH Sydney Training Services into Voluntary Administration
IH Sydney Training Services (IH), a major provider of international education, has been placed into voluntary administration. This news, while shocking, was expected. It wasn’t known who, but many in the sector believed the current policy environment was set to break providers. IH appears to be the first major provider in this situation but may…
Shardul Amarchand Mangaldas Advises Vadraj Cement CoC in CIRP
Shardul Amarchand Mangaldas & Co. advised the Committee of Creditors (CoC) of Vadraj Cement Limited (VCL), led by Punjab National Bank, in its corporate insolvency resolution process, culminating in the successful implementation of an INR 1,800 crore resolution plan for VCL. The resolution plan was fully implemented on June 20, 2025, with the payouts released…
NCLAT Halts Insolvency Proceedings Against Reliance Infrastructure, ET LegalWorld
In a big relief to Reliance Infrastructure, appellate tribunal NCLAT on Wednesday stayed the insolvency proceedings against the company. Reliance Infrastructure in a regulatory filing said that the National Company Law Appellate Tribunal (NCLAT) suspended the order passed by the NCLT over an appeal filed by it. “In the appeal filed, the NCLAT, today has…
NCLT appoints new liquidator for Uniply Industries
The National Company Law Tribunal (NCLT), Chennai Bench, has approved the appointment of Ms. Santhanam Rajashree as the new Liquidator for Uniply Industries Limited. This change comes after the Insolvency and Bankruptcy Board of India (IBBI) suspended the registration of the previous Liquidator, Lingumgunta Venkata Shyam Sundar, for a period of two years. The NCLT’s…
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Iconic Australian surfwear retailer SurfStitch collapses – as Nike launches legal action
By MAX ALDRED FOR DAILY MAIL AUSTRALIA Published: 01:10 AEST, 26 June 2025 | Updated: 08:28 AEST, 26 June 2025 Nike will take surfwear retailer SurfStitch to court in an effort to recover hundreds of thousands of dollars in allegedly unpaid debt. The sportswear giant filed an application for the winding up of SurfStitch in…