The Bay to axe over 8,000 employees in Canada by June 1 | National – Daily Hive Vancouver
The Bay to axe over 8,000 employees in Canada by June 1 | National Daily Hive Vancouver Read the original article here
Restoring the economy: The role of the new corporate Insolvency and Restructuring Law[1]
By Felix ADDO This is a summarized article of that published in the national insolvency journal, Corporate Insolvency and Restructuring Journal. “Restructuring” has become a household word in Ghana these days and for good reason. Most informed readers are aware of the current economic crisis facing the country and the engagement with the International Monetary…
Christchurch’s South City mall bookshop goes into liquidation – The Press
Christchurch’s South City mall bookshop goes into liquidation The Press Read the original article here
Aspen Group Provides Update on Subsidiary Liquidation – TipRanks
Aspen Group Provides Update on Subsidiary Liquidation TipRanks Read the original article here
Motorbike retailer collapses | Dandenong Star Journal
Retailing giant Peter Stevens Motorcycles has collapsed, but there are high hopes of finding a new owner. Three voluntary administrators have been appointed for the 55-year-old iconic stores, including a Dandenong outlet. According to administrators at KordaMentha Restructuring, Peter Stevens employs a 400-strong workforce with a $250 million annual turnover. Administrator Craig Shepard said on…
The future of StrongRoom AI remains up in the air as legal action, its administration and a potential sale all drag on – Startup Daily
The future of StrongRoom AI remains up in the air as legal action, its administration and a potential sale all drag on Startup Daily Read the original article here
NCLT defers hearing on Bhushan Power and Steel case, post Supreme Court status quo order on liquidation proceedings
The National Company Law Tribunal (NCLT), Delhi on Tuesday (May 27, 2025) deferred hearing on Bhushan Power and Steel case (BPSL), after the Supreme Court ordered status quo in the liquidation proceedings against the company pending before the NCLT. On Monday, hearing a petition filed by JSW Steel, Supreme Court ordered status quo on Bhushan…
Compulsory winding up ordered by High Court
KUALA LUMPUR (May 27): The High Court on Tuesday has ordered for the compulsory winding up of TH Heavy Engineering Bhd (THHE), as it allowed petitions from creditors Globalmariner Offshore Sdn Bhd, Boomslang Technology Sdn Bhd (previously known as Blackstone Technology Sdn Bhd), and Dynac Sdn Bhd. Judge Atan Mustaffa Yussof Ahmad agreed with the…
NCLAT directs NCLT to promptly decide stay on EoI for Jaiprakash Power, Jaypee Fertilisers – The Economic Times
NCLAT directs NCLT to promptly decide stay on EoI for Jaiprakash Power, Jaypee Fertilisers The Economic Times Read the original article here
NCLT puts Bhushan Power liquidation on hold till August after SC order
The National Company Law Tribunal (NCLT) on Tuesday deferred liquidation proceedings for Bhushan Power and Steel Ltd (BPSL) till August, following a 26 May Supreme Court order directing status quo in the matter. “In the wake of the Supreme Court order, hearing stands deferred till 1 August,” the NCLT-Delhi said. The Supreme Court on Monday…