Bellingen Golf Club (NSW) goes into administration – Golf Industry Central
Bellingen Golf Club (NSW) goes into administration Golf Industry Central Read the original article here
Designerex Rescued from Administration – Power Retail
Designerex Rescued from Administration Power Retail Read the original article here
Irish owners refused licensing for Butlers Chocolate Café NZ – thepost.co.nz
Irish owners refused licensing for Butlers Chocolate Café NZ thepost.co.nz Read the original article here
Christchurch decorating company in liquidation owing $2.6 million – The Press
Christchurch decorating company in liquidation owing $2.6 million The Press Read the original article here
BREAKING: Christchurch painting firm collapses owing $2.6 million to staff, IRD and creditors
A Christchurch-based painting and maintenance company has gone into liquidation, with debts totalling more than $2.6 million. Phil Clarke & Son Limited was placed into liquidation on 8 July 2025 following a special resolution by the company’s shareholder and director Daniel Clarke. The appointed liquidator is Brenton Hunt of Insolvency Matters Limited. According to the…
Valor estate bids INR 771 crore for Lavasa Corporation amid insolvency resolution
This disclaimer (“Disclaimer”) is applicable to the entire Site. Upon entering the Site it is recommended that you immediately read the Terms and Conditions and Privacy Policy listed therein. Your continued usage of this Site will indicate your unconditional acceptance of the said Terms and Conditions and Privacy Policy. You hereby agree that Prop News…
New documents show full extent of Esel’s damage post-Mwave sale
The company owes millions of dollars to disties and unpaid superannuation to Mwave employees. Esel sold Mwave to DigiDirect Group, prior to the company going under, and one distributor requested new administrators during the first creditors meeting, according to new documents. CRN Australia has obtained a copy of minutes of the meeting held by ASIC…
Analysts Warn MicroStrategy Poses Major Bitcoin Liquidation Risk
Key Takeaways MicroStrategy holds 3% of all bitcoin, financed by $7.2 billion in debt. Analysts warn a price drop could force asset sales, risking a market cascade larger than Mt. Gox or 3AC. Critics say such centralization threatens bitcoin’s decentralized ethos and raises systemic risk. MicroStrategy, the largest corporate holder of bitcoin, is drawing warnings…
NCLAT clears path for Hindusthan National Glass bids, rejects RP ouster
The insolvency appellate tribunal NCLAT has set aside NCLT‘s direction to change the resolution professional of debt-ridden Hindusthan National Glass Industries (HNG) and asked it to take a decision on the bids as per the Supreme Court‘s directions. A three-member NCLAT bench gave a go-ahead to the Kolkata Bench of the National Company Law Tribunal…
RPs now need to inform creditors about dubious deals before resolution process – Banking & Finance News
The Insolvency and Bankruptcy Board of India (IBBI) has made it mandatory for the resolution professionals (RPs) to formally inform the committee of creditors (CoC) about any fraudulent or avoidance transactions carried out by a company prior to its bankruptcy. The amendments are aimed at improving the transparency, and the treatment of “avoidance transactions” in…