Small business restructuring booms amid economic strain – The Australian
Small business restructuring booms amid economic strain The Australian Read the original article here
Achilles Therapeutics Proposes Voluntary Liquidation to Return Capital – TipRanks
Achilles Therapeutics Proposes Voluntary Liquidation to Return Capital TipRanks Read the original article here
Chinese developer Sino-Ocean’s debt plan wins court approval in UK
Indebted Chinese developer Sino-Ocean Group won approval for its restructuring plan from a UK court on Monday despite objections from some creditors, potentially paving the way for it to prevail in a liquidation lawsuit in Hong Kong. London’s high court approved the builder’s offshore restructuring proposal, which allows the state-backed company to overhaul some US$6…
By the Horns enters liquidation
One of London’s original craft beer names, By the Horns, has entered liquidation, with owners citing bad debtors, the economy and rent hikes as just some of the reasons. The company, founded in 2011 by Alex Bull and Chris Mills, started with a five and a half barrel kit in Summerstown, before moving production out…
S.10A of IBC Doesn’t Bar CIRP Applications Where Default Continues Beyond Moratorium Period
While dismissing the appeal, the court held that there was no extraordinary circumstance warranting the Court to entertain a writ petition when there is an alternative remedy According to the Madras High Court, situations in which the default persists after the moratorium term is not covered by the proviso to Section 10-A of the Insolvency…
Pottery business Royal Stafford – which dates back to 1845 – collapses into liquidation – Insider Media
Pottery business Royal Stafford – which dates back to 1845 – collapses into liquidation Insider Media Read the original article here
Budget 2025: Relief for a larger segment of Indian promoters under the insolvency code
India’s insolvency ecosystem has long advocated for a Pre-packaged Insolvency Resolution Process (Prepacks) for all corporates. In her budget speech, the Finance Minister has, perhaps inadvertently, taken a partial step forward on the subject.More than 99% of the Indian companies have a turnover which is less than ₹500 crores. In this context, the recent reclassification…
Budget 2025: Relief for a larger segment of Indian promoters under the insolvency code – Economic Times
Budget 2025: Relief for a larger segment of Indian promoters under the insolvency code Economic Times Read the original article here
Top PGA figures pledge cash for embattled lobby group – The West Australian
Top PGA figures pledge cash for embattled lobby group The West Australian Read the original article here
Truck Repair Group goes into voluntary liquidation
The Truck Repair Group in Queensland has gone into voluntary liquidation leaving many local businesses and industry suppliers severely out of pocket. The Truck Repair Group (formerly The River Group) was sold by then director Russ Hill to Scott and Natalie Hunter back in 2020. There are five sites across the State all of which…