The daunting prospect of disqualification acts as a key deterrent to safeguard both the public and financial institutions from corporate misconduct. This article focuses on directors’ disqualification in England and Wales, examining the causes and consequences under the Company Directors Disqualification Act 1986 (CDDA), including the impact of Schedule 13 of The Finance Act 2024…
Last week for liquidation at Hudson’s Bay, with storied company set to lay off more than 8,000 CTV News Read the original article here
The Bay to axe over 8,000 employees in Canada by June 1 | National Daily Hive Vancouver Read the original article here
By Felix ADDO This is a summarized article of that published in the national insolvency journal, Corporate Insolvency and Restructuring Journal. “Restructuring” has become a household word in Ghana these days and for good reason. Most informed readers are aware of the current economic crisis facing the country and the engagement with the International Monetary…
Christchurch’s South City mall bookshop goes into liquidation The Press Read the original article here
Aspen Group Provides Update on Subsidiary Liquidation TipRanks Read the original article here
Retailing giant Peter Stevens Motorcycles has collapsed, but there are high hopes of finding a new owner. Three voluntary administrators have been appointed for the 55-year-old iconic stores, including a Dandenong outlet. According to administrators at KordaMentha Restructuring, Peter Stevens employs a 400-strong workforce with a $250 million annual turnover. Administrator Craig Shepard said on…
The future of StrongRoom AI remains up in the air as legal action, its administration and a potential sale all drag on Startup Daily Read the original article here
The National Company Law Tribunal (NCLT), Delhi on Tuesday (May 27, 2025) deferred hearing on Bhushan Power and Steel case (BPSL), after the Supreme Court ordered status quo in the liquidation proceedings against the company pending before the NCLT. On Monday, hearing a petition filed by JSW Steel, Supreme Court ordered status quo on Bhushan…
KUALA LUMPUR (May 27): The High Court on Tuesday has ordered for the compulsory winding up of TH Heavy Engineering Bhd (THHE), as it allowed petitions from creditors Globalmariner Offshore Sdn Bhd, Boomslang Technology Sdn Bhd (previously known as Blackstone Technology Sdn Bhd), and Dynac Sdn Bhd. Judge Atan Mustaffa Yussof Ahmad agreed with the…