Australian label Exotic Athletica will officially fold this week after 10 years in business. The Queensland-based activewear and athleisure brand collapsed into voluntary administration in April. Administrators SV Partners announced at the time they were hoping to find a buyer for the “much-loved” brand, which launched in 2014, but the rescue bid failed to come…
REVEALED: Latest business liquidations in Monash Herald Sun Read the original article here
When the Insolvency and Bankruptcy Code (IBC) came into force in 2016, it was presented as a legal fix to expedite bankruptcies. It turned out to be much more: a structural reset of incentives that has rebalanced power in Indian business, revived credit markets, and crucially — altered the behaviour of promoters. At the heart…
Apartment-style rental company couldn’t find a financial solution and partially blames poor Marriott integration for its business failure. SAN FRANCISCO – One day after Marriott International terminated its licensing agreement with Sonder, the apartment-style rental hospitality company announced it will wind down its operation and initiate a Chapter 7 liquidation of its U.S. business. Sonder…
Pieces of history up for grabs at now-former Hollywood Theater The Bethesda Health Clinic is giving the community a chance to own a piece of local cinema history as it prepares for a massive renovation of the former Regal Tyler Rose Theatre (also known as the Hollywood Theater) at 1250 S Southwest Loop 323. Items…
Meet Your ETF AI Analyst Sinotruk Hong Kong ( (HK:3808) ) has shared an update. Sinotruk (Hong Kong) Limited announced the voluntary liquidation of its subsidiary, Sinotruk Finance Co, following approval from the National Financial Regulatory Administration. The liquidation process, effective from November 10, 2025, will not adversely affect the financial position and business operations…
IRD pursues 44 sushi companies BusinessDesk | NZ Read the original article here
It has been a difficult year for mm2 Asia, whose Cathay Cineplexes unit has already entered voluntary liquidation [SINGAPORE] Mired in debt and facing insolvency, mm2 Asia is experiencing its annus horribilis. This year, its iconic Cathay Cinexplexes unit shuttered under millions in debt; now the entertainment group itself is facing existential threat as banks…
To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…
The enactment of the Insolvency and Bankruptcy Code, 2016 (IBC) marked a paradigm shift in the way corporate insolvency is addressed in India. Central to the code is the distinction between financial creditors and operational creditors, as only certain creditors can initiate proceedings under Section 7 of the IBC for the initiation of the Corporate…