A Christchurch courier company that went into liquidation owing more than $1.2 million has been the victim of broken promises, sabotage, and professional failings, its sole director says. NJ & MS Holdings Limited, trading as Point to Point, was placed into liquidation by the Greymouth High Court on June 30 after an application from Inland…
Property developer KWG Group Holdings Ltd. (1813.HK) said on Wednesday that Shandong Sunlight Xin Tiandi Micro-finance Com. Ltd. filed a winding-up petition against the company with Hong Kong’s High Court on Aug. 11. The petition relates to approximately 642 million yuan ($89.48 million) in unpaid guaranteed obligations and accrued interest of 136 million yuan owed…
It is welcome that the government has brought in a bill to amend the Insolvency and Bankruptcy Code (IBC) of 2016. It is equally welcome that the bill in Parliament has been referred right away to a select committee. Legislation of this kind calls for careful deliberation, an opportunity for stakeholders to present their views…
Property developer China Evergrande Group announced on Tuesday that the Hong Kong stock exchange has decided to delist it, effective Aug 25, and the company confirmed it will not apply for a review. The announcement came after a letter was received from the bourse operator on Friday, stating that Evergrande, which is already in the…
Dragonboat restaurant opened in the 1990s, and is now going into liquidation, owing at least 1.4 million dollars to creditors. Photo: RNZ / Yiting Lin The rising cost of living and a pandemic hangover have put the pressure on businesses, sending nearly 1300 into liquidation already this year. New Zealand is riding its highest wave…
The liquidation of China Evergrande Group, now in its second year, has become a case study in the complexities of corporate insolvency in a globalized, hyper-leveraged economy. With $45 billion in total debt and a corporate structure spanning 3,000 legal entities, the company’s collapse has tested the limits of cross-border legal frameworks, creditor coordination, and…
An error has occurred Your request was blocked by Link11 Web Application Security.If you believe this is the result of an error, contact the administrator of www.tipranks.com. ID: 1004fd93bac05ee36857ebc4db9fc43e, IP Address: 110.232.115.214, Status Code: 471Timestamp: 2025-08-13T20:06:47.717952463+00:00 Read the original article here
Insolvency resolution timeline shrinks by 2 months since March MSN Read the original article here
NAXS AB The Board of Directors of NAXS AB (publ) (“NAXS” or the “Company”) announces its recommendation to amend the Company’s investment mandate to allow for an orderly liquidation process of its existing portfolio of assets. The NAXS share has traded at a persistent discount to net asset value over a long period of time.…
Bowen Coking Coal enters voluntary administration MSN Read the original article here