Walleys Quarry: Operator of closed landfill goes into liquidation – BBC.com
Walleys Quarry: Operator of closed landfill goes into liquidation BBC.com Read the original article here
How St. Cloud’s tech darling failed, leaving dozens of local investors empty-handed – Star Tribune
How St. Cloud’s tech darling failed, leaving dozens of local investors empty-handed Star Tribune Read the original article here
Sydney-based builder of Griffith affordable housing project goes into administration, local contractors owed payments
Greenwich Build has gone into voluntary administration, leaving the Wakaden Street project stalled. Photo: Oliver Jacques. The Sydney-based builder of an affordable housing development on Griffith’s Wakaden Street has gone into administration, leaving some local contractors unpaid for work already done. Not-for-Profit Argyle Housing was donated land by Griffith City Council to construct four two-storey,…
Shares in Star Entertainment suspended from trade as casino operator remains on brink of collapse
Shares in Star Entertainment have been suspended from trading on the stock exchange after it failed to lodge its financial results. Exchange operator ASX automatically suspended shares in Star on Monday morning after the casino operator missed Friday’s deadline for issuing its earnings update for the first half of the financial year. The future of…
Latest Reforms in Real Estate CIRP: Strengthening the position of Homebuyers
The Insolvency and Bankruptcy Board of India (“IBBI”) has recently notified several key amendments[1] in the CIRP Regulations[2], which aim to further streamline CIRPs[3] with special focus on real estate (RE) projects. These amendments give a formal effect to the recommendations/ suggestions that were proposed in the IBBI’s discussion paper, dated November 7, 2024, with…
Payments firm AGS Transact Technologies faces insolvency over alleged unpaid dues
Credit: 123RF.com Payments services firm AGS Transact Technologies said on Saturday that a creditor plans to initiate insolvency proceedings against the company for non-payment of dues. Maxwel Aircon India Pvt Ltd, an operational creditor of the company, has alleged default in repayments and sought an initiation of corporate insolvency in the National Company Law Tribunal,…
Liberated Brands to close all stores, sell its wholesale inventory following bankruptcy
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Closing sales have begun at 122 retail stores operated by Liberated Brands after the company filed for bankruptcy last week. The move affects all of Liberated’s retail fleet, including retail locations for Billabong, Roxy, RVCA and Quiksilver,…
Technicolor Signals Major Financial Woes As U.K. Unit Cuts Staff
Administrators have been appointed for Technicolor Creative Studios UK, the historic visual effects studio that has shut down, with 440 redundancies. Nick Holloway and David Pike from advisory firm Interpath were named as joint administrators to the UK Technicolor division on Monday. “The Group had been facing financial challenges for some time, exacerbated by rising…
Coffee Day Enterprises stock jumps 20 pc after NCLAT sets aside insolvency proceedings – MSN
Coffee Day Enterprises stock jumps 20 pc after NCLAT sets aside insolvency proceedings MSN Read the original article here
Navin Madhavji Mehta Vs. Jaldhi Overseas Pte Ltd & Ors.: NCLAT Holds Section 9 IBC Application Not Maintainable when Debt is Disputed – linkedin
Navin Madhavji Mehta Vs. Jaldhi Overseas Pte Ltd & Ors.: NCLAT Holds Section 9 IBC Application Not Maintainable when Debt is Disputed linkedin Read the original article here