The Federal Court has ruled a company facing liquidation was entitled to relief for a “running account” director’s loan, worth nearly $3 million, without written agreement. A loan of nearly $3 million has been cleared for recovery from two former directors after the Federal Court granted a company’s right to indemnity of director loans…
Wilko liquidation: Unsecured creditors facing payouts from 7p in the pound Horticulture Week Read the original article here
Historic US furniture chain closes all its stores after 128 years and begins a $100 million liquidation: where the liquidation sales are El Cronista Read the original article here
Adelaida Vineyards, which is a winery in California established in 1981, now has an uncertain future ahead of it due to a feud among family members that cost the winery $12.7 million in a judgment and caused the winery to file for bankruptcy. The winery, which is based in Paso Robles, filed under Chapter 11…
UK frozen food supplier enters liquidation after more than 10 years Derbyshire Live Read the original article here
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The crafting company, formerly based in Newton Aycliffe, which became a recognisable name among the North East’s most successful businesses, announced this month that it would enter liquidation, with all staff being made redundant. Where did Crafter’s Companion begin? Sara Davies, who was born in Coundon near Bishop Auckland, founded Crafter’s Companion while studying business…
A popular seaside restaurant that closed last month after a “difficult year” has gone into liquidation owing more than £250,000, including a six-figure tax bill. Twenty Seven Harbour Street in Broadstairs, which had a 4.8 out of 5 rating on Tripadvisor, shut suddenly in September after its owners announced the closure. The restaurant was put…
Torsion Projects Limited, based in Leeds, specialised in the delivery of care home schemes across the UK. It was incorporated in 2015 and employed 54 members of staff, having been a part of the wider Torsion Group. Torsion Projects enters administration after 11 years PROJECT UPDATE: Lancaster Wharf, Birmingham Our 23-story, 266-apartment development. Façade work…
Crafter’s Companion, the crafting business Sara Davies founded as a university student, has told customers it wants to see the brand “have a future” after the company that ran it entered liquidation with the loss of 58 jobs. The update follows the disclosure last week that the Newton Aycliffe-based business would merge with Gemporia, its…