AZB & Partners advised the Resolution Professional, Pulkit Gupta, on legal aspects. The transaction team comprised of Partner Suharsh Sinha, Partner Amrita Sinha, Senior Associate Kushagra Pandey, and Associates Rahul Thomas, Idhika Agarwal and Rashi Priya – with support on all on-going litigations in Mumbai and Delhi from Senior Partner Anindita Roy Chowdhury, Partner Vivek…
Hobart-based premium appliance retailer Elite Appliances has been placed into liquidation in a move that has shocked the industry. “Notice is given that at a general meeting of the members of the Company held on 30 June 2025, it was resolved that the Company be wound up and Adam Johnston be appointed liquidator(s),” said a…
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The parent company of the Lindsey Oil Refinery has entered liquidation, putting hundreds of jobs in jeopardy. The refinery, located in Killingholme, employs around 440 people. In addition, hundreds more work for the Prax Group across 200 other sites, with their jobs now also under threat. The development follows the company’s move to appoint administrators…
Cheesed-off Mundella Foods creditors left wanting $3m slice The West Australian Read the original article here
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Image: XL Express Well-known Australian independent logistics operator XL Express is in voluntary administration. On June 27, FTI Consulting was appointed as the voluntary administrators of the XL Express Group to begin an “urgent assessment” of the viability of the company that has more than 35 years of experience in the industry. The…
One of Australia’s largest independent transport operators, XL Express, has entered voluntary administration after 35 years in business. The Queensland-based company, which launched in 1990 and built a national road transport logistics network, has appointed FTI Consulting as voluntary administrators to carry out what it describes as an “urgent assessment” of the company’s viability. SUBSCRIBE…
A property developer linked to some of the largest construction projects at Jacks Point near Queenstown has gone into liquidation. Formcrete Construction Ltd went into liquidation on June 25, with Baker Tilly Staples Rodway of Auckland appointed as liquidators. The company was formerly known as Falconer and Co. Ltd up until 2022. According to the…