Hilco Capital takes over CommBank's debt in EziBuy liquidation – BusinessDesk
Hilco Capital takes over CommBank’s debt in EziBuy liquidation BusinessDesk Read the original article here
Clough Transport in liquidation after contract loss
A Mosgiel-based freight transport business has been put in liquidation, by shareholder resolution, after the loss of a “significant” contract at short notice. Trevor and Emma Laing, of Laing Insolvency Specialists, have been appointed joint liquidators of Clough Transport Ltd, whose sole director and shareholder is Malcolm Clough. In their initial report, the liquidators said…
R3 responds to July 2024 insolvency statistics
Jodie Wildridge, deputy chair of the UK’s insolvency and restructuring trade body R3 in Yorkshire and a barrister at Exchange Chambers in Leeds Jodie Wildridge, deputy chair of the UK’s insolvency and restructuring trade body R3 in Yorkshire and a barrister at Exchange Chambers in Leeds, says: “Despite a decrease compared to last month, July’s…
Exhibition fit-out company Elmwood Projects enters liquidation
The museum fit-out company, Elmwood Projects, has entered liquidation after filing for insolvency in July. The Glasgow-based firm provided services for a range of high-profile museum and gallery projects, including the recent redevelopments of Glasgow’s Burrell Collection and St Fagans National Museum of History in Wales. … Read the original article here
Edtech firm Byju’s on sticky wicket as NCLT admits BCCI’s insolvency plea | Start Ups
The tribunal has appointed Pankaj Srivastava as the interim resolution professional. (Photo: Reuters) 4 min read Last Updated : Jul 16 2024 | 11:15 PM IST The Board of Control for Cricket in India (BCCI) on Tuesday achieved a feat that many creditors of edtech firm Byju’s have failed to, with the National Company…
NCLT orders insolvency proceedings against Cafe Coffee Day’s parent company
New Delhi: Corporate dispute tribunal NCLT has ordered initiating insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), the parent company of Coffee Day Group which operates Cafe Coffee Day chain of coffee houses. The Bengaluru bench of the NCLT (National Company Law Tribunal) on August 8 admitted the plea filed by IDBI Trusteeship Services Ltd…
SC to hear BYJU’S insolvency case on August 22
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LATEST: Liquidators appointed for Tasmania-based businesses – The Mercury
LATEST: Liquidators appointed for Tasmania-based businesses The Mercury Read the original article here
Sign-offs at risk as building-control firm goes into liquidation
A building-control firm has gone under after its application to be listed by the new regulator failed, leaving projects in the lurch. PWC Building Control Services issued a statement saying it had gone into voluntary liquidation after the Building Safety Regulator (BSR) rejected its application to the new building-control register, leaving it unable to carry…
ATO, bank debt crusade triggers 133% jump in court wind-ups
Debt crackdowns by the ATO and big four banks have caused court wind-ups of businesses to surge by 133 per cent in the first half of FY2024, data from Insolvency Australia shows. Its Corporate Insolvency Index found voluntary administration numbers were up 14 per cent and controller appointments jumped 34 per cent, bringing total appointments…