Administrators for Reacon Australia and MMW 3Degrees have shared an update on the first creditor’s meeting held this week and the likely release date for the upcoming creditors report. Administrator Andrew Blundell, from Cathro & Partners said there were no major outcomes from the first creditor’s meeting held on Tuesday this week and everything remains…
Planet Ark Environmental Foundation, a leading Australian environmental not-for-profit, has entered voluntary administration following a review of its financial position and future viability. The move opens the door for restructuring to secure the future of the organisation’s sustainability mission. The organisation’s Board made the decision in light of ongoing funding challenges, compounded by the economic…
Translated by Nazia BIBI KEENOO Published April 30, 2025 … Read the original article here
Translated by Nazia BIBI KEENOO Published April 30, 2025 … Read the original article here
Translated by Nazia BIBI KEENOO Published April 30, 2025 … Read the original article here
A poster from Cyber Group Studios IP Gigantosaurus Cyber Group Studios known for popular IPs such as Gigantosaurus, Press Start and others will be liquidated, according to a ruling of the Paris Commercial Court. It means that the company’s assets will now be sold part by part to make the payment to the creditors. As…
Companies forced to shut down in South Africa Business Tech Read the original article here
Several strategic buyers as well as investors are actively scouting for cement manufacturing companies which are currently undergoing the corporate insolvency resolution process under the Insolvency & Bankruptcy Code. One of the most sought-after assets in the sector is the cement business of debt-laden Jaiprakash Associates Ltd (JAL). The company has four plants in North…
Patchwork Foods in Ruthin was founded in 1982 by Margaret Carter in her kitchen, and went on to become famous for pates and other specialities. An award-winning business for much of its four decades of trading, Margaret, son Rufus and business partner Jen Whitham helped it achieve a £2 million annual turnover. The trio left the business as…
It appears that Vinyl Me, Please may be going into liquidation, as customer complaints begin to mount – claiming that they have been “ghosted” by the company and orders have gone unfulfilled. Reports of the Denver-based company beginning to struggle were first shared by the Denver Post, which highlighted how several customers had filed complaints…