Owners of aircraft serviced by Systematic Aviation Services Sdn Bhd pay thousands of ringgit every two weeks for maintenance despite being unable to use their aircraft. PETALING JAYA: Owners of aircraft maintained by Systematic Aviation Services Sdn Bhd (SAS), which has now been wound up by the High Court, are in a dilemma as they…
By Ben Zigterman · May 16, 2025, 7:23 PM EDT The U.S. Trustee’s Office objected to the proposed Chapter 11 plan of Creativemass, a wealth management app developer that is pursuing prepackaged liquidation, arguing that the plan would lock in prepetition… To view the full article, register now. Read the original article here
Online liquidation retailer, auction house opening large Cincinnati-area facility The Business Journals Read the original article here
Avance Gas Holding Ltd (the “Company”) advises that a Special General Meeting of the Shareholders of the Company (“SGM”) was held on 16 May 2025 at at 09:30 hrs, at Par-la-Ville Place, 4th Floor, 14 Par-la-Ville Road, Hamilton, HM08, Bermuda, in relation to the proposed liquidation of the Company, appointing Mike Penrose of EY Bermuda…
The National Company Law Tribunal (NCLT) in New Delhi issued a notice to the troubled coaching institute FIITJEE today, Friday, May 16, in response to a corporate bankruptcy petition submitted by its former employee Vinod Kumar Agarwal, who claimed unpaid dues totalling over Rs 2.6 crore. A bench of NCLT members, including Judicial Member Mahendra…
Marin Software Delays 10-Q Amid Liquidation Plans TipRanks Read the original article here
Liquidators have been appointed for Readie Management Limited (RML), the parent company of collapsed contractor Readie Construction. Jacob Beake and Gavin Savage of Begbies Traynor were named in a document filed on the Companies House website yesterday (15 May). Travelers Insurance Company had filed a winding-up petition in the High Court against RML, and in…
Against the backdrop of global economic instability, the number of insolvencies worldwide recorded a 19% increase in 2024 compared to the previous year, according to the latest Atradius report “Insolvencies normalise, but trade war brings new risks”, published in April 2025. The analysis, covering 29 global markets, highlights a trend toward a return to pre-pandemic…
Troubled builder Inspired sent to liquidation The West Australian Read the original article here
This week’s TGIF considers a recent decision concerning the voluntary administration of a Christian school, where the Court gave advice regarding an urgent funding package and questions arising in relation to the Committee of Inspection. In Marsden, in the matter of Brindabella Christian Education Limited (administrators appointed) [2025] FCA 456, Derrington J gave judicial advice…