Lucy Harrison Casting liquidation | Equity

Equity has been supporting members with issues of non-payment in the run up to and aftermath of Lucy Harrison Casting going into liquidation, securing payment for the majority of members who got in touch before the company’s liquidation.   Lucy Harrison Casting (LHC) is a large agency representing models and actors, booking jobs on a range…

IBBI seeks comments to ensure integrity of CIRP changes

The Insolvency and Bankruptcy Board of India (IBBI) has invited comments from the public on proposed changes to the corporate insolvency resolution process (CIRP) aimed at improving and ensuring the integrity of amendments. The proposed changes are recording the deliberations of the committee of creditors (CoC) on the elgibility of the resolution applicant, enhancing disclosures…

Mere Denial That Invoices Were Not Received Cannot Override Signed Acknowledgements From Operational Creditor: NCLT Chandigarh

The National Company Tribunal Chandigarh, bench of Justice Harnam Singh Thakur and Shri Kaushalendra Kumar Singh, have held that a mere bald denial that invoices forming the basis of the claim were not received cannot prevail over specific, dated communications and signed acknowledgements originating from within the operational creditors’ finance department. The operational creditor Pierian…

Gisborne-based logging company Lift Harvesting in liquidation owing $1.5m to creditors – report

“The cause of this liquidation appears to be related to a failure to account for taxation compounded by the regional cyclone experienced in January 2023,” the report says, under the subheading “additional information”. “The liquidator has established contact with the company director, and a statement of affairs has been received. The liquidator is conducting searches…