Corporate liquidations soared by 55% in the first quarter of 2025, while the number of company bankruptcies in Luxembourg remained unchanged, according to data released on Wednesday by the Ministry of Justice and Statec. A total of 301 businesses were declared bankrupt between January and March, compared to 300 during the same period in 2024.…
The National Company Law Tribunal (NCLT), Mumbai Bench, has admitted a corporate insolvency petition against Future Ideas Company Limited (FICL), part of the erstwhile Kishore Biyani-led Future Group, filed by Axis Trustee Services Limited, acting as the debenture trustee for Franklin Templeton Asset Management. The tribunal declared a moratorium on the company’s assets and appointed…
Aberdeen’s Belmar Engineering enters liquidation Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook … Read the original article here
Aberdeen engineering firm enters liquidation as all employees immediately made redundant Aberdeen Live Read the original article here
Gambling with company funds: Don’t pass go, proceed directly to sequestration Polity.org.za Read the original article here
Casa’s 50% liquidation sale to reach Brussels on Friday The Brussels Times Read the original article here
Final drop falls in Wellington bar’s liquidation thepost.co.nz Read the original article here
Reports suggest Jeanswest will close in six-weeks NewsWire / Simon Bullard. Jeanswest will close all 87 of its retail stores in the next six weeks, after going into voluntary administration in late March. The company behind the iconic retailer, Harbour Guidance, which bought out Jeanswest in 2020, has made the decision to run as an…
Popular Tasmanian craft brewery Fox Friday and its subsidiaries have been placed into voluntary administration after facing significant financial challenges. Owners Sarah and Benn Hooper announced the appointment of McGrathNicol as administrator in a statement released today. The Hobart-based brewery operate the popular ‘Fox Friday’ branded bar on Murray Street in Hobart, alongside two other…
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