“To our amazing guests, thank you for your continued patronage, your smiles, and the many conversations that turned into lasting memories. It has been an honour to serve you.” Jared Booth and Tony Maginness of Baker Tilly Staples Rodway were appointed liquidators of All in Cuisine Limited, trading as Sidart Restaurant on October 13. The…
Laybuy Group collapses after Klarna takeover, claims at almost $2m ThePost.co.nz Read the original article here
The Office of the Registrar of Companies (ORC), in collaboration with the International Finance Corporation (IFC), is working to strengthen Ghana’s corporate insolvency regime in a bid to promote business recovery, protect creditors, and enhance economic stability. The partnership between the ORC and IFC has brought together regulators, financial institutions, and insolvency professionals to deepen…
September 2025 insolvency statistics for England and Wales, Azets response Yorkshire Evening Post Read the original article here
Are debt, arbitration clauses a shield against insolvency proceedings? Business Daily Read the original article here
‘Hardest choice’: Founders of collapsed eco start-up speak out Herald Sun Read the original article here
Rex looks set to be saved from administration, with US aviation company Air T reportedly landing a deal to take over the beleaguered regional airline. It has continued flying regional routes after being bailed out by the federal government to the tune of $130 million, but now looks set to exit administration. Rex looks set…
The National Company Law Tribunal (NCLT) Mumbai bench admitted a petition under section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) filed by Unity Small Finance Bank Limited against Bafna Motors Private Limited holding that defaults committed after section 10A period are sufficient to trigger Corporate Insolvency Resolution Process (CIRP). It further held that…
On October 14th 2025, the Insolvency and Bankruptcy Board of India (IBBI) has issued Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Sixth Amendment) Regulations, 2025. By exercising its power conferred by virtue of section 196 read with section 240 of the Insolvency and Bankruptcy Code, 2016, the IBBI has released…
Liquidators are counting up the debts of Christchurch glass and plastic jar supplier Croftpak Ltd as estimates climb to more than $914,000. Unsecured creditors are unlikely to be repaid as the company is short on funds to cover debts to 39 creditors. Rodgers Reidy insolvency practitioners Lynda Smart and Derek Ah Sam were appointed liquidators…