Arc-winning trainer announces stable closure with business set to go into liquidation – Daily Mirror
Arc-winning trainer announces stable closure with business set to go into liquidation Daily Mirror Read the original article here
Fewer firms starting in Northern Ireland as insolvencies in decline – The Irish News
Business creation has slumped in Northern Ireland over the last quarter as insolvency pressures ease, signalling a cautious but stabilising corporate landscape, a new report says. Company registrations in the region fell in the April-June quarter, according to business recovery organisation R3’s latest business health report, based on data from Creditsafe. The data suggests business…
Managers buy prominent UK architects firm out of liquidation
The sale of Dunfermline-based Allan Corfield Architects Limited and its sister company Allan Corfield Structures Limited comes after the appointment of Shona Campbell of Henderson Loggie. A spokesperson for the liquidator said it “has successfully negotiated the sale of the business and certain assets to DJI Architecture Ltd, a company owned by members of practice…
Derby company directors employed illegal workers and failed to pay £90k fine – Derbyshire Live
Derby company directors employed illegal workers and failed to pay £90k fine Derbyshire Live Read the original article here
‘Business as usual’ as companies behind Royal Hotel, Ciao Dandy and Busselton Pavilion enter administration
The companies behind The Royal Hotel in Perth’s CBD, Ciao Dandy at Karrinyup Shopping Centre and Busselton Pavilion in WA’s South West have gone into voluntary administration amid a “restructuring” process, but will continue trading. Major shareholder of the venues, Perth hospitality baron John Parker, said it was “business as usual” despite calling in administrators…
Dashdot’s liquidator is clawing back a $70,000 founder loan amid $15.5 million in creditor claims
The liquidator of collapsed buyers’ agency Dashdot expects to retrieve a $70,000 loan made to its founders, with less hope of recovering a $3 million inter-company loan for Dashdot’s long list of creditors. A June report from liquidator Rebecca Gill has shed more light on the finances of Dashdot Pty Ltd, which suddenly caved in…
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To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…
NCLT Rejects Resolution Plan Over ₹1,000 Share Conversion; Orders Liquidation for Companies Act Non-Compliance [Read Order]
The National Company Law Tribunal (NCLT) has rejected the resolution plan filed by AKB Ventures Pvt. Ltd. for Paytail Commerce Pvt. Ltd., observing that the suggested conversion of creditor dues into securities at ₹1,000 per share and further acquisition of such securities at ₹1 or ₹10 each has no legal or valuation foundation in view…
Veteran UK haulier collapses as difficult summer deepens
A cluster of British road-freight operators has entered insolvency proceedings within days of one another, including a long-established Immingham haulier that had been trading since the late 1970s. Chambers and Cook (Eastern) Ltd entered administration on 13 August, with three administrators from BK Plus appointed through the High Court in Birmingham. The company, whose principal…
Bathla Group enters administration after $3 billion debt | Illawarra Mercury
I’m a member of ACM’s national property team, covering the Illawarra. Based in Albion Park, NSW, I write about exciting, interesting or just downright quirky properties that have been listed for sale, major sales, market trends, auctions and more. One of my favourite aspects of being a journalist is I believe everyone has a story…