Dozens of jobs lost as Aberdeen engineering firm closes – BBC
Dozens of jobs lost as Aberdeen engineering firm closes BBC Read the original article here
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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…
Canberra’s Rork Projects in voluntary administration
Rork Projects’ John Paul Janke, front left, and Brian O’Rourke, front right, with staff. The company has been operating for 26 years. Photo: Rork Projects. Another building company with ACT connections has fallen to the conditions plaguing the industry. Rork Projects – Australia’s leading Indigenous construction company specialising in construction management, fit out and refurbishment…
Cult craft brewery collapses after ‘significant’ challenges
A beloved craft brewery has entered voluntary administration following the collapse of its financial backer. Tasmania‘s Fox Friday Craft Brewery announced on Wednesday with ‘heavy hearts’ that McGrathNicol had been appointed as the administrator. The company started as a nano-brewery in the Hobart suburb of Moonah six years ago but has since grown to open venues across…
Footwear brand Wittner collapses into administration
Australian-born footwear brand Wittner is the latest fashion business to fall into voluntary administration. Deloitte Turnaround & Restructuring partners Sal Algeri and David Orr have been appointed as administrators. The brand turns 113 this year. Algeri said trading will continue as normal as the administrators work towards a sale and/or recapitalisation of the Wittner business. …
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Over £275k of unwanted electric cars dumped at the roadside in Nottingham after US Tesla rival went bust
Nine brand new electric cars with a total value of between £278,000 and £520,000 have been dumped at the roadside in Nottingham after the Tesla-rivalling manufacturer went into liquidation last year. American EV brand Fisker filed for bankruptcy in June 2024 after months of rescue talks failed. The Fisker Group, which operates the EV arm…
All jobs lost as Aberdeen firm Belmar Engineering collapses after 50 years in business
An engineering firm based in Aberdeen has appointed liquidators with all jobs lost after 50 years in business. Liquidators MHA were appointed at Belmar Engineering based in West Tullos after an extraordinary resolution to wind up was lodged on Tuesday. STV News understands staff were informed of the news in a meeting on Tuesday morning…
David Morley | Restructuring & Insolvency | Associate | Manchester
David is an Associate in the Restructuring & Insolvency department, based in our Manchester office. David deals with all aspects of corporate insolvency, advising national and regional insolvency practitioners, company directors and creditors, on both non-contentious and contentious insolvency issues. After graduating from the University of Chester with an LLB in Law, David went on…
Ivory Properties aborts land disposal deal with Chin Hin following liquidation of subsidiary
KUALA LUMPUR (April 16): Practice Note 17 (PN17) company Ivory Properties Group Bhd (KL:IVORY) has aborted its plan to dispose of a freehold land in Penang to Chin Hin Group Property Bhd (KL:CHINHIN). The decision to cancel the deal follows the creditors’ voluntary liquidation of its subsidiary, Ivory Gleneary Sdn Bhd (IGSB), noted Ivory Properties…