2024 saw a wave of bankruptcies among notable companies, from Evergrande Group, China’s top property developer, to Red Lobster, the world’s largest seafood restaurant chain. Other casualties included Tupperware, The Body Shop, Spirit Airlines, Northvolt, LaVie Care Centers, Avon, TGI Fridays, and BYJU’S US unit. … Read the original article here
Caterer the latest to feel bite in Taranaki hospo trade The Post Read the original article here
Liquidated plant-based meat company Sustainable Foods owes Kānoa $1.4m BusinessDesk Read the original article here
Businessman wins fraud case against ENG bosses The Herald Read the original article here
Maketū Pies has gone into solvent liquidation and the town fears for its closure. Photo / Laura Smith However, in what the statement described as a “unique and heart-warming move”, the Maketū Pies brand and trademarks would be placed into a new joint venture entity, and licensed back to the production business. In turn, profits…
Heidelberg Cakes saved from liquidation by major local SA business Glam Adelaide Read the original article here
BAKU, Azerbaijan, December 7. Azerbaijan’s Micro Leasing and Factoring Limited Liability Company (LLC) has announced its liquidation, Trend reports via the “Taxes” online newspaper of the State Tax Service under the Ministry of Economy. The creditors were required to contact the following address within two months: AZ1122, Baku city, Yasamal district, Hasanbek Zardabi Ave., building…
The failure of energy business SolarZero has left many out of pocket. Photo: 123RF A small solar panel installing company owner says he and his staff are devastated by the failure of SolarZero. The energy business announced its liquidation last Tuesday. The board of the company owned by international investment firm BlackRock pulled the pin,…
Insolvency And Bankruptcy Code: RBI Deputy Governor Calls For Enforceable Code – What Does It Mean? MSN Read the original article here
New Delhi: In a significant development in the Jet Airways insolvency case, the Supreme Court on Thursday ordered the liquidation of the grounded airline, forfeiting Rs 200 crore invested by the successful bidder, Jalan Kalrock Consortium (JKC), and allowing the lenders led by SBI to encash a Rs 150 crore performance bank guarantee (PBG). Exercising…