Christmas cheer was in short supply for Wesfarmers’ top brass. Wesfarmers and the conglomerate’s receivers spent the holidays fielding calls from creditors and suppliers amid the deepening crisis at Priceline’s largest franchisee. It spent $774 million acquiring the retailer’s parent, stumped up more than $100 million via goods on credit to keep Infinity Pharmacy Group’s…
Jim and Isobel Darrah: Co Antrim couple (70s) who owned flooring firm are disqualified as directors Belfast Telegraph Read the original article here
PHL Variable prepares for liquidation amid buyer search Insurance Business Read the original article here
CITR, the judicial administrator of the Mangalia Shipyard and a leader in Romania’s restructuring and insolvency market, announces that the creditors’ meeting has rejected the proposed reorganization plan for the company. The decision marks the shipyard’s transition into bankruptcy proceedings, a phase in which current operations will be gradually halted and liquidation procedures will be…
‘Diverted funds’, crushing tax debt in $3.73m builder collapse The Chronicle | The Chronicle Read the original article here
Hyundai Card’s NFT Venture Collapses: Modern Lion Joint Venture Faces Liquidation Skip to content Home Crypto News Hyundai Card’s NFT Venture Collapses: Modern Lion Joint Venture Faces Liquidation Read the original article here
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Insolvency process against Raheja Shilas project in Gurugram to continue: NCLAT New Delhi, The National Company Law Appellate Tribunal (NCLAT) has declined Raheja Developers‘ plea to close the insolvency resolution process against its project Raheja Shilas in Gurugram, after observing that the issues with flat buyers have not been resolved. It further said an application…
Lower thresholds, easier filing to revive pre-packaged insolvency process for MSMEs, say officials Moneycontrol.com Read the original article here