Bad news for major Aussie caravan maker – News.com.au
Bad news for major Aussie caravan maker News.com.au Read the original article here
ASIC Review Provides Insight Into Insolvent Liquidation Process And Outcomes
ASIC has published a new report and data examining insolvent liquidation processes and outcomes for creditors, employees, directors and liquidators. Report 843 Review of court and creditors’ voluntary liquidation process: 2021–2025 (REP 843) examined 26,664 grouped appointments (7,023 court liquidations and 19,641 creditors’ voluntary liquidation (CVLs)) for the period 1 July 2021 to 30 June…
Azets urges Bolton firms to stay vigilant despite 3.6 per cent drop in UK insolvencies
Despite a month-on-month decline in UK insolvency figures, local firms in Bolton are being urged to remain vigilant, as accountancy experts argue the drop does not signify a return to normal economic conditions. Photo: Pravda.ru by Marina Lebedeva is licensed under Free for commercial use Bankruptcy Azets, an accountancy and business advisory firm with offices…
Taurian MPS, Promoters and Merchant Banker Fined ₹18 Lakh over IPO Disclosure Lapses – Moneylife
Taurian MPS, Promoters and Merchant Banker Fined ₹18 Lakh over IPO Disclosure Lapses Moneylife Read the original article here
Glasgow design and construction firm placed into liquidation
The Glasgow-based design and construction firm Maxwells (Scotland) Limited has been placed into liquidation, following HM Revenue & Customs (HMRC) court action against the firm. The firm was the subject of a petition from HMRC to Airdrie Sheriff Court for the firm to be wound up by the court, with a liquidator appointed, reports The…
Debenture Holder With Pervasive Control Over Corporate Debtor Is a Related Party, Cannot Sit in CoC: Supreme Court
The Supreme Court has held that a debenture holder and lender exercising pervasive control over a corporate debtor’s management and projects is a “related party” under Section 5(24) of the Insolvency and Bankruptcy Code, 2016 (IBC), and cannot be part of the Committee of Creditors (CoC). A Bench of Justice J.B. Pardiwala and Justice K.…
Liberty Steel Newport enters liquidation
Liberty Steel Newport has entered voluntary liquidation following a petition to wind up by a creditor, Kallanish learns from public record, The Gazette. A petition to wind up was initially launched in July by Siemens Financial Services. This was followed by a meeting of creditors. A further petition to wind up was launched by the…
Ryden and Lambert Smith Hampton introduce corporate recovery service
Picture l-r: Tom Conway, Michael Booth, David Fraser and Ken McInnes Lambert Smith Hampton and Ryden have worked together to introduce an enhanced restructuring and corporate recovery offering in Scotland. The move arrives after LSH’s investment in Ryden. The broadened service brings together Ryden’s Scottish market presence and property advisory background with LSH’s UK-wide corporate recovery, plant and…
UK frozen food firm stocked in over 1K supermarkets enters liquidation
Walsall-based Quality Bites Ltd, which specialised in halal frozen food, has ceased trading after entering liquidation. Founded in 2013, the company offered a range of ethnic frozen foods, including samosas, kebabs, crispy chicken, burgers and non-pork sausages. Quality Bites worked with retailers, wholesalers and distributors across the UK focusing on halal and Asian food products.…
Amused Group Enters Administration Following Sale of 10 Australian Betting Brands
Australian wagering company Amused Group has entered voluntary administration, with reports suggesting the former operator of BetDeluxe, Bet Nation and eight other betting brands could owe millions of dollars to racing authorities and other creditors. The Melbourne-based wagering business reportedly appointed an administrator on 19 October 2026, with an initial creditors’ meeting scheduled for 29…