Germany records fewer insolvencies for first time in over two years – Reuters
Germany records fewer insolvencies for first time in over two years Reuters Read the original article here
SBI lists RelComm as defaulting entity – The Hans India
SBI lists RelComm as defaulting entity The Hans India Read the original article here
VFX and post business Cutting Edge enters liquidation
VFX and post-production business Cutting Edge has officially entered into a Creditors’ Voluntary Liquidation, less than a year after being announced as one of the first recipients of the Queensland Government’s $5 million Capital Grants program. According to a public notice from the Australian Securities and Investments Commission (ASIC), the company was placed into liquidation…
Nexus Corporate Solutions Limited Offers Business Insolvency Support in the UK
07/02/2025, Balby, Doncaster // PRODIGY: Feature Story // Nexus Corporate Solutions Limited continues to be a trusted partner for UK businesses facing financial difficulties. Based in Doncaster, the company offers professional insolvency advice and tailored solutions to help directors and stakeholders navigate periods of corporate distress. One of the core services of Nexus Corporate Solutions…
Totton baby food manufacturer Nourisher to be liquidated
Nourisher, which produces locally-sourced yoghurts, soups, and tray meals, is facing a resolution to wind up the company. The products made by the firm, which is based in Calmore Industrial Estate, were supplied to major supermarket chains, including Aldi and Tesco. The company employs around 100 staff, many of whom live in Totton and its…
Annual ASIC insolvency data reveals increase in companies failing
ASIC’s annual insolvency data shows more than 11,000 companies entered external administration for the first time in 2023-24. While this is slightly higher than prior peaks seen in 2011–12 and 2012–13, it is proportionately smaller as there are now nearly 3.4 million companies in Australia compared to around two million in 2012. The current ratio…
Texas Solar Co. Files Ch. 7 Liquidation With $3.9M Liabilities
By Catherine Marfin · July 1, 2025, 6:05 PM EDT A small Texas residential and commercial solar company has filed for Chapter 7 liquidation in federal court, citing $3.9 million in liabilities…. To view the full article, register now. Read the original article here
Heartland Bank, German firms claim millions in Nelson storage firm liquidation – The Press
Heartland Bank, German firms claim millions in Nelson storage firm liquidation The Press Read the original article here
XL Express enters administration after 35 years in logistics
Australian logistics operator XL Express has entered voluntary administration, with advisory firm FTI Consulting appointed to manage the process and assess the future of the company. The Queensland-based business, established in 1990, has built a national footprint in road transport and distribution over more than three decades. It is best known for operating a broad…
Jacks Point: Dean Franklin’s liquidated company owes $7.5 million
Controversial property developer Dean Franklin’s Formcrete Construction Ltd has gone into liquidation owing $7.5 million in spite of a Jack’s Point email to residents yesterday claiming the move was just “a strategic clean up.” Creditors included in today’s first liquidators report include the IRD (owed $2.449 million in GST and…