The Zenit office complex in Zugló On paper, Bayer Construct’s financial position appeared solid right up until the end. For the 2025 fiscal year, the vertically integrated construction giant reported consolidated revenue of approximately 238 billion forints (657 million euros) and a net profit of 16.3 billion forints (45 million euros). Nevertheless, at the end…
Workers, contractors, suppliers and local businesses preparing for the inaugural Hampshire Air Festival have been left facing uncertainty after the event was cancelled just five days before it was due to begin, with the company behind it now taking steps to enter liquidation. The Hampshire Air Festival was scheduled to take place at Thruxton Aerodrome…
Suter Café in Nelson leaves $280k shortfall as debts mount to $659k The Press Read the original article here
Pantechnicon (London) Limited’s creditor schedule shows debts of more than £9m, with the company’s restaurants and bars having closed in July ostensibly for refurbishment. The complex is home to Japanese restaurant Sachi, Provençal restaurant Amélie and late-night lounge Luum. Companies House records confirm that Jack Callow and Anthony Davidson of Opus Restructuring have been appointed…
Fanela specialises in print-on-demand solutions including direct-to-garment, transfer, sublimation, embroidery, and volume printing. The company serves customers across the UK and Europe and has built a strong reputation with a 4.4-star rating on Google. Those who have used Fanela commented on the company’s “high quality” products and “impeccable” customer service. One customer said: “I highly…
The Insolvency and Bankruptcy Code, 2016 (“IBC”) was conceived as a time-bound, creditor-driven mechanism to preserve enterprise value and impose market discipline on distressed firms. Over time, however, the functioning of the Corporate Insolvency Resolution Process (“CIRP”) has revealed structural stress. Admission delays, repeated adjournments, litigation at every stage, and information asymmetry between creditors and…
Expressions of interest have been invited for Girivar Hotel and Resort Private Limited, which owns and operates the 50-room luxury property Hotel Jaisalkot in Jaisalmer, with prospective resolution applicants having until September 21, 2026 to respond. Interim resolution professional Gunjan Jain issued Form G on August 24, 2026 under Regulation 36A. The provisional list of…
‘Profound sadness’ as air show cancelled with events company going into liquidation portsmouth.co.uk Read the original article here
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A men’s clothing brand popular with sports and music stars has gone into liquidation. VV Season, founded in 2020, sold “luxury” streetwear online and developed a following of more than 17,000 across Instagram and Facebook. A notice published on September 7 revealed that liquidators were appointed on August 27. Within months of launching, the brand…