Property development business placed in liquidation

A property development business, owned by Dunedin businessman Chris Swann, has been placed in liquidation owing nearly $1.5 million. Trevor and Emma Laing, of Laing Insolvency Specialists, were appointed liquidators of KV Ltd in late May. Shares were held by CJS Nominees (owned by Mr Swann) and Mr Swann, who is the former chairman of…

Kate Moss’ beauty brand has entered liquidation – and it’s down to one crucial reason

Supermodel Kate Moss is the latest celebrity to see their beauty brand topple. Cosmoss has entered liquidation proceedings less than three years after launching. Cosmoss launched with just six products in 2022(Image: Dave Benett/Getty Images for Cos) British supermodel Kate Moss’ premium skincare and wellness business has officially filed to end all operations. Cosmoss has…

Assets Of Corporate Debtor Attached Under PMLA Are Not Part Of Resolution Estate, NCLT Cannot Direct Release Even If Attached During CIRP: NCLAT

The National Company Law Appellate Tribunal (NCLAT) New Delhi bench of Justice Rakesh Kumar Jain (Judicial Member), Mr. Naresh Salecha (Technical Member) and Mr. Indevar Pandey (Technical Member) has held that if property is alleged to be proceeds of crime and is under adjudication by a competent authority under a penal statutes, it cannot be…