NokScoots board has decided to liquidate the company as it sees no path to recovery. Shareholders will deliberate the same resolution at a general meeting to be held in about 14 days, says the airline. It had on 24 June disclosed that it would return three of its seven Boeing 777-200s toSingapore Airlinesby the end…
Thursday, June 25, 2020 The Corporate Insolvency and Governance Bill (the Bill) was published on 20 May 2020 and introduced a new debtor-in-possession moratorium to give companies breathing space in order to try to rescue the company as a going concern. The Bill went through the House of Commons on 3 June and passed through…
The owner behind teen clothing brand Pavement says he is determined the fashion chain wont be another casualty of COVID-19. Stephen Meurs, who also co-founded Smiggle, believes the right investor could build market share and expansion opportunities. Pavement entered voluntary administration on this week, with Pitcher Partners Andrew Yeo and Gess Rambaldi appointed as administrators.…
A challenge to a judgment which found that one partner of a corporate insolvency firm ambushed the other to leave the business has been partially [] Subscribe for instant access to all Lawyerly content. Already a subscriber? Lost your password? Want to test drive Lawyerly? Contact us to take a free trial. Read the full…
A CONSTRUCTION company that billed itself as Brisbane’s premier home extension and renovation business is being wound up after going into liquidation owing more than $1 million. Total Lifestyle Builders Pty Ltd is insolvent and appointed Jarvis Archer from Revive Financial as liquidator on June 18 to wind up its affairs. Mr Archer said according…
A CONSTRUCTION company that billed itself as Brisbane’s premier home extension and renovation business is being wound up after going into liquidation owing more than $1 million. Total Lifestyle Builders Pty Ltd is insolvent and appointed Jarvis Archer from Revive Financial as liquidator on June 18 to wind up its affairs. Mr Archer said according…
We all are familiar f the fact that liquidation of the company is kind of painful. It is not just painful and stressful for the directors of the company but also for the creditors of the company. To relieve the stress to some extent, people get the help of business rescue. There is no single…
24th June 2020 The GSD has again voiced concern about the Gibraltar Governments planned joint venture with Chinas Beijing Liujian Construction Group, following reports that a Chinese-owned UK-based company specialising in modular construction has gone into liquidation. The Opposition said the development highlighted weakness in demand for modular construction and undermined Sir Joe Bossanos hopes…
A CONSTRUCTION company that billed itself as Brisbane’s premier home extension and renovation business is being wound up after going into liquidation owing more than $1 million. Total Lifestyle Builders Pty Ltd is insolvent and appointed Jarvis Archer from Revive Financial as liquidator on June 18 to wind up its affairs. Mr Archer said according…
Mayfair 101 has appointed Barry Wight, Darryl Kirk and Rachel Burdett of Cor Cordis as voluntary administrators to protect the IPO Wealth Fund investors from the liquidation of assets. The decision to undergo a voluntary administration process is centred on providing IPO Wealths investors with the opportunity to convene a unitholder meeting and vote on…