Passengers stranded at Gatwick Airport as parking company goes bust and abandons cars across Sussex and Surrey – The Independent

Hundreds of passengers arriving back into Gatwick Airport found themselves stranded after the meet and greet car parking firm theyd used abruptly stopped trading. Gatwick First Parking, which isnt officially affiliated with the airport, had been operating for 10 years, keeping clients cars in a secure CCTV monitored compound. But the company seems to have…

SumoSalad’s voluntary administration plan reportedly paying off in Westfield rent dispute: Are franchises finally … – SmartCompany.com.au

Healthy food franchise network SumoSalad says its close to brokering a deal on rents with Westfield after placing two of its leasing entities in voluntary administration in June, but franchise experts say while the move is a bold one to assert the rights of franchisees, shopping centres are becoming a less attractive place to do…

Proceedings under IBC: Bankruptcy filing picks up to deal with mounting bad loans – The Indian Express

Written by Sunny Verma | New Delhi | Published:July 18, 2017 3:12 am According to data analysed till June-end, a total of 129 corporate insolvency applications were admitted with the Mumbai bench of the NCLT, while 58 applications have been filed with three benches of the NCLT in Delhi. Illustration: C R Sasikumar Related News Within seven months…