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Kearsley Airways Limited, registered in Allins Lane, East Hendred, has operated in the aerospace component repair sector since 1947. Its engineering facility at London Stansted Airport has enabled it to dispatch and service civil and military aircraft components worldwide, including Boeing 737 Classic and NG series parts. The company describes itself as a “leading specialist”,…
Key Highlights True North Copper entered voluntary administration in October 2024, was recapitalised through a AUD 50.3 million underwritten placement at AUD 0.005 and a one-for-100 share consolidation, and was reinstated to ASX quotation in January 2025; it currently trades under its original name and TNC ticker. The company is pre-revenue: mining at…
The National Company Law Tribunal (NCLT) at Chennai has admitted an insolvency petition against Pradhin Limited after finding that the financial creditor had established the existence of a financial debt and default of ₹12.98 crore. The shares of Pradhin Limited are listed on Bombay Stock Exchange Limited. The tribunal initiated the Corporate Insolvency Resolution Process…
Autagco Ltd. has reported that Singapore’s tax authority has issued original Notices of Assessment for its liquidating subsidiaries Superfood Kitchen and The Green Bar for the 2026 and 2027 assessment years, confirming no tax payable for either entity. With the tax position clarified, the appointed liquidator will now move to convene final meetings of creditors…
Fatburger owner Fat Brands received court approval for its liquidation plan. | Photo: Shutterstock. In the end, the Fat Brands bankruptcy process didn’t take that long after all. A U.S. bankruptcy court gave the go-ahead for the company’s liquidation plan, signaling the beginning of the end of a case that had started with a rash…
NAIROBI, Kenya, July 28 – Kenya’s corporate insolvency landscape has received a major boost following the launch of Corporate Insolvency Law, the country’s first comprehensive publication dedicated exclusively to corporate insolvency law and practice. Authored by seasoned insolvency practitioner Sammy Ndolo, the landmark publication fills a long-standing gap by providing an authoritative yet practical guide…
Leading Edge Group, the parent company of Leading Edge Group Jewellers, has collapsed into voluntary administration after failing to meet debt obligations, with liabilities exceeding $28 million. Henry McKenna from Vincents has reportedly been appointed as the administrator, halting trading while managing operations and debts owed to creditors and suppliers. The company issued a…
KIMBERLEY – In a landmark ruling for the Northern Cape mining sector, the High Court in Kimberley has ordered that Ekapa Minerals (Pty) Ltd be placed under supervision and business rescue, effectively halting the immediate liquidation and total closure of the diamond operation. The company was placed under provisional liquidation in March following a catastrophic…
A popular Australian activewear retailer has collapsed owing $1.7m to 13,000 Australians, new documents have revealed. Activewear brand Stax collapsed in June and entered voluntary administration on July 10, with Brian Silvia and Michael Hird of Cascap Advisory as joint liquidators. New documents have revealed Stax owes $1,713,986 owed to 12,927 customers, made up of…