SYDNEY — Iconic Australian mattress manufacturer A.H. Beard Limited has collapsed into voluntary administration, leaving approximately 40 employees without jobs and marking the end of a family-owned business that operated for more than 125 years in the competitive bedding industry. A.H. Beard Mattress Maker Collapses Into Administration, Leaving 40 Workers Jobless The company, known for…
Liberty Bell Bay manganese smelter put into voluntary administration MSN Read the original article here
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The collapse of Glasgow-based Hydrogen Vehicle Systems Ltd (HVS) into administration has culminated in a pre-pack sale of the business, a move designed to salvage the company’s intellectual property but one that has resulted in significant job losses. The Scottish truck manufacturer, which once employed a workforce of over 70 specialists across research, engineering, and…
Christine Convy, Chartered Accountant and Licensed insolvency practitioner at Dunedin Advisory Limited, has been appointed interim liquidator of KNS Shopfit (UK) Ltd. The company, which operated from premises in Carluke providing shop fitting services to a variety of retail customers ceased trading on 17 April 2026 due to a liquidation petition lodged by HM Revenue…
CMI Limited Announces 43rd Committee of Creditors Meeting for April 29, 2026 scanx.trade Read the original article here
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New Delhi, Apr 29 (KNN) The Supreme Court has held that a corporate guarantee furnished by a company to secure another company’s borrowing, when backed by arrangements such as hypothecation, qualifies as a “financial debt” under the Insolvency and Bankruptcy Code, 2016 (IBC). A Bench comprising Justices Pamidighantam Sri Narasimha and Alok Aradhe delivered the…