Beijing Judian Travel Technology (Judian), a joint venture established by Didi and Li Auto in 2018 to develop customised vehicles for ride-hailing services, faced financial collapse due to rapid changes in the electric vehicle industry and volatility in the mobility services market. Unable to repay research and manufacturing debts owed to nearly 100 suppliers, Judian…
Another highly-rated indie brewery has fallen foul of the ongoing economic headwinds facing the drinks and hospitality sector today, with Molly Rose Brewing appointing liquidators. The Collingwood-based brewing company cited delays in their most recent expansion, increases in construction costs and rising interest rates, and the ongoing cost-of-living crisis as contributing factors that have…
Company behind one of Scotland’s largest dental groups enters liquidation The National Read the original article here
Mitsubishi Heavy Industries Adjusts Subsidiary Liquidation Timeline TipRanks Read the original article here
Paul Y. Engineering, a contractor with a history spanning 78 years in the city, is reportedly encountering financial difficulties. The High Court on Monday ordered the winding up of its parent company along with a related firm after submitting a liquidation petition earlier. The concerned companies are “Paul Y. Engineering Group Limited” and…
An F45 franchisee says the business has been hit hard by the pandemic, the recession, and new competitors. A company behind three F45 gym franchises in Auckland has been tipped into liquidation. K E M Holdings Ltd, which is owned and directed by Kate McEntee, appointed Victoria Toon from Corporate Restructuring as liquidator on March…
Photo: RNZ / Cole Eastham-Farrelly Sixty schools around the motu have been left without a tuck shop provider after the Libelle Group went into liquidation two weeks ago. Libelle was contracted to Compass, the government supplier for the scheme that has been plagued with issues since its relaunch this term. While some kura are exploring…
The Committee of Creditors (CoC) of Reliance Capital has informed NCLAT that the resolution plan was completely implemented by IIHL with the transfer of complete payment amounts in terms of the resolution plan. PTI Last Updated : 30 March 2025, 07:09 IST Follow Us : Comments Read the original article here
Irish corporate insolvencies fell 14 per cent in the first quarter of this year to a total of 192 liquidations, receiverships, examinerships and small company administrative rescue processes (Scarps), continuing a drop-off seen in the latter part of 2024, according to PwC. For last year as a whole insolvencies rose 16 per cent to 852,…
Franks said if nobody purchased Olivado’s operating assets then no one would process much of the fruit which did not reach export or retail quality. He said the price paid for the business was confidential. In January, Seeka joined court proceedings against Olivado. Franks today said aspects of the case had been “disappointing” but any…