More firms opt for voluntary liquidation, bankruptcy – Business Daily
More firms opt for voluntary liquidation, bankruptcy Business Daily Read the original article here
Is China witnessing its Lehman moment as Zhongrong shadow bank that managed $108 bn faces liquidation? – Firstpost
China’s shadow banking and trust industry, once a pillar of high returns for wealthy investors, is now in crisis due to the property market collapse. The government is letting investors bear the losses, signalling a new era of financial discipline, but at the cost of undermining confidence in the system. The Zhongrong International Trust Co,…
The Board of Directors resolves to prepare a balance sheet for liquidation purposes — TradingView News
Gothenburg, Sweden – The Board of Directors of LIDDS AB (publ) has resolved to prepare a control balance sheet for liquidation purposes. The decision has been made due to reasons to believe that the Company’s equity is less than one-half of the registered share capital. Due to the Company’s decision to write-down intangible assets and…
Popular brewery group enters voluntary administration – hospitality
The Fox Friday Group has entered voluntary administration after its primary lender collapsed. The hospitality group has struggled to find a new lender or equity partner in time to avoid voluntary administration. Fox Friday has been a rising star in Australia’s craft beer scene since 2019 and is known for its hazy and American-style beers.…
Scottish engineer collapses after 50 years, all jobs lost
Belmar Engineering, which was formed in 1975, has ceased trading after coming under pressure from increased competition, losses over recent years, and falling orders. Efforts had been made to sell the business, in whole or in part, before the decision to permanently close was taken as the “final option”. It meant the immediate loss of all 48…
Popular brewery group enters voluntary administration
By Laura Box, Hospitality magazine The Fox Friday Group has entered voluntary administration after its primary lender collapsed. The hospitality group has struggled to find a new lender or equity partner in time to avoid voluntary administration. Fox Friday has been a rising star in Australia’s craft beer scene since 2019 and is known for…
Gautam Adani, Anil Aggarwal, Baba Ramdev in race to buy insolvent company named as…, it deals in hotels, cement and… – MSN
Gautam Adani, Anil Aggarwal, Baba Ramdev in race to buy insolvent company named as…, it deals in hotels, cement and… MSN Read the original article here
Solar Co. Oya Gets OK On Ch. 11 Liquidation After Asset Sales
By Alex Wittenberg · April 21, 2025, 12:01 PM EDT A Delaware bankruptcy judge on Monday confirmed solar energy producer Oya Renewables’ bid to liquidate through Chapter 11 under a plan supported by creditors, months after the company sold most of… To view the full article, register now. Read the original article here
Olivado liquidation: Seeka boss explains why they bought the company
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…
High Court grants rare remedy of winding up of company in shareholder dispute – Herbert Smith Freehills
High Court grants rare remedy of winding up of company in shareholder dispute Herbert Smith Freehills Read the original article here