EFL club's parent company responds to liquidation threat amid relegation battle – talkSPORT
EFL club’s parent company responds to liquidation threat amid relegation battle talkSPORT Read the original article here
Most Australian liquidations return nothing to creditors, ASIC finds
Most failed companies entering liquidation in Australia leave creditors with little or nothing, a new ASIC review has found – and the data arrives as insolvency continues to run at elevated levels across the economy. ASIC published Report 843 on Tuesday, examining 26,664 liquidation appointments between July 1, 2021 and June 30, 2025. The regulator…
Optic Security Group up for urgent sale
The trans-Tasman security group entered voluntary administration last week, four years after it was acquired out of receivership by New York-based global asset manager Arena Investors. Optic Security’s former site at Auckland airport. © All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription. An urgent…
English football club’s parent company threatened with liquidation – Joe.co.uk
English football club’s parent company threatened with liquidation Joe.co.uk Read the original article here
Liquidator says failure to account for taxation ended Ōamaru hospitality business’s trading – The Press
Liquidator says failure to account for taxation ended Ōamaru hospitality business’s trading The Press Read the original article here
Insolvency Moratorium Does Not Bar Corporate Debtor From Pursuing Counterclaims: Bombay High Court
The Bombay High Court has held that an insolvency moratorium does not prevent a corporate debtor from pursuing its own claims in arbitration, including a counterclaim against the party that initiated proceedings against it. Justice Somasekhar Sundaresan observed, “Section 14(1)(a) of the IBC interdicts the institution and continuation of proceedings against the corporate debtor. It…
NCLT Admits ₹1.07 Cr Plea Over Undelivered Marble Tiles
Home/Corporate Laws/NCLT Admits ₹1.07 Cr Insolvency Plea Over Unrefunded Advance for Undelivered Marble Tiles [Read Order] Corporate LawsLaw Report NCLT admits insolvency plea as repeated debt acknowledgments extended limitation and unpaid advance for undelivered marble tiles constituted operational debt. Get the day’s tax rulings in your inbox × The case number, coram and counsel for…
NCLT Orders Media Company Liquidation, Bars Existing RP as Liquidator
Home/Corporate Laws/NCLT Orders Liquidation of Media Company, Bars Existing Resolution Professional from Becoming Liquidator [Read Order] Corporate LawsLaw Report NCLT orders liquidation after no viable resolution plan emerged, barring the existing Resolution Professional under amended IBC provisions. Get the day’s tax rulings in your inbox × The case number, coram and counsel for this order…
Civil engineering company based in Peterborough enters liquidation after more than 12 years of trading – Peterborough Telegraph
Civil engineering company based in Peterborough enters liquidation after more than 12 years of trading Peterborough Telegraph Read the original article here
UK electrical company to close as it enters liquidation
Freemantle Projects Ltd, founded in 2020, specialised in electrical installation services and worked with major clients including: Heathrow Airport British Airways Hermes Jet2 American Airlines The company offered a range of electrical solutions, from consultancy and design to installation, testing, and commissioning. The company’s website added: “We take pride in all of the projects and…