Jennyfer files for liquidation after 40 years in business: nearly 1,000 jobs at risk
Translated by Nazia BIBI KEENOO Published April 30, 2025 … Read the original article here
In another blow to global animation, Cyber Group Studios orders liquidation
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
Companies forced to shut down in South Africa Business Tech Read the original article here
Strategic buyers and investors scouting for insolvency-affected cement assets, ET LegalWorld
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…
Food firm in liquidation after Powys rescue attempt fails
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…
Vinyl Me, Please appears to go into liquidation amidst complaints of “ghosting” customers and unfulfilled orders
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…
SDAI Limited Reports No New Developments in Subsidiary Liquidation – TipRanks
SDAI Limited Reports No New Developments in Subsidiary Liquidation TipRanks Read the original article here
Boardroom Brief: Week commencing 1 July 2024
This is a service specifically targeted at the needs of busy non-executive directors (NEDs). We aim to give you a ‘heads-up’ on the things that matter for NEDs in the week ahead – all in two minutes or less. In this edition, we discuss the report issued by the Australian Council of Superannuation Investors (ACSI)…
NCLT issues notice to L&T on insolvency plea over ₹7 crore dues
According to the petitioner, the purchase order terms required L&T to make payments within 90 days of supply. However, the lawyers contended that payments were not made. They also relied on documentary evidence of purchase orders and correspondence allegedly acknowledging the debt and seeking more time to pay. The petitioner also placed on record a…
Hudson’s Bay liquidation: Deadlines near for leases
TORONTO — The clock is ticking down on two deadlines that may determine the fate of Hudson’s Bay. Anyone interested in buying Canada’s oldest company or assets like the rights to its iconic Stripes brand has until Wednesday at 5 p.m. to submit binding proposals. Those wanting to take on leases held by the 355-year-old…