Loch Lomond Seaplanes cancelled all its flights and issued a message on its website in April to confirm it had ceased trading. A pop-up message on the website, which is still available, states: “Please be advised that Loch Lomond Seaplanes has ceased trading. If you have tickets or a flight booked then someone will be in touch…
A NOTE ABOUT RELEVANT ADVERTISING: We collect information about the content (including ads) you use across this site and use it to make both advertising and content more relevant to you on our network and other sites. Find out more about our policy and your choices, including how to opt-out.Sometimes our articles will try to…
Australian theatre production company David Venn Enterprises has collapsed with debts totaling $7.5 million, leaving dozens of cast and crew unpaid and sparking controversy over the launch of a new venture tied to the same producer. As reported by Sky News Australia, David Venn Enterprises, the firm behind Elvis: A Musical Revolution and Cruel Intentions:…
Ransomware and Data Extortion Attacks in Insolvency Scenarios FTI Consulting Read the original article here
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench of Justice Ashok Bhushan (Judicial Member), Mr. Barun Mitra (Technical Member) and Mr. Arun Baroka (Technical Member) has held that the right of the financial creditor to seek revival of the original application filed under Section 7 of the Code cannot be taken away merely…
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench of Justice Ashok Bhushan (Judicial Member) and Mr. Arun Baroka (Technical Member) has held that claims filed by homebuyers cannot be rejected merely for being filed beyond the stipulated time period, if the homebuyer’s unit is reflected in the list of homebuyers who had not…
© Veale Wasbrough Vizards LLP. All rights reserved. VWV is a brand of Veale Wasbrough Vizards LLP, a limited liability partnership registered in England and Wales, registered number OC384033, registered office Narrow Quay House, Narrow Quay, Bristol BS1 4QA. A list of members may be inspected at the registered office. The term ‘Partner’ means a…
The Corporate Insolvency and Governance Act 2020 (CIGA or the Act) has introduced new procedures and measures to seek to rescue companies in financial distress as a result of the COVID-19 pandemic and the resulting economic crisis. CIGA came into force on June 26, 2020 after a speedy progression through Parliament, following the publication of…
Speed of dismissal process deemed unfair The ERA found that the worker was not given adequate time to respond to allegations. After receiving detailed allegations on 7 December 2023, he provided a written response on 14 December and received additional information on 18 December. The disciplinary meeting occurred on 19 December, where he was dismissed…
Christian Pricelius 03/26/2025March 26, 2025 Corporate insolvencies in Germany have hit a 10-year high. From rising costs to weak demand, what’s behind the surge? And what can be done to support struggling businesses before it’s too late? https://p.dw.com/p/4sDF9 Read the original article here