A Queenstown property developer whose company owes creditors more than $7 million says recent liquidations have no bearing on his commercial and apartment development projects at Jacks Point. Formcrete Construction ceased trading in February. Liquidators Jared Booth and Tony Maginness, of Baker Tilly Staples Rodway Auckland, were told it was because of trading losses and…
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“The untimely softer coal price environment, coinciding with the resumption of the Dartbrook underground mine, has necessitated a top-up to existing finance facilities to provide additional working capital,” Australian Pacific Coal executive director John Robinson told the Newcastle Herald in April. Read the original article here
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…
Hudson’s Bay collapse renews calls for stronger worker protections HRD America Read the original article here
Von . – 8.07.2025 10:13 (Akt. 8.07.2025 10:52) Die AKV erwartet ein weiteres Rekordjahr bei Firmenpleiten. ©Canva (Symbolbild) This year, the number of corporate insolvencies is likely to rise again, surpassing the record levels of previous years. … Read the original article here
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…
Nexus Corporate Solutions Limited Offers Business Insolvency Support in the UK NORTHEAST – NEWS CHANNEL NEBRASKA Read the original article here
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…
In a written update to people owed money following the collapse of the company, joint liquidator Leonard Gerber said that he was continuing to recover payments from people who still owed money to the firm, but a refusal by some to engage was going to lead him to pursue recoveries through the courts. The liquidators…