Vaughan Strawbridge and Joseph Hansell of FTI Consulting have been tapped as voluntary administrators of the head Roberts Co company, Tycoon is closer to exiting the construction industry as the head company of his Roberts Co building empire went into administration and big contractors are poised to pick up key jobs in Victoria where work…
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Creditas Financial Solutions Ltd Creditas is pleased to announce the successful liquidation of FIDCs Creditas Auto I, IV, V, VI, and VII, which provided accumulated returns of 77% to 105% to senior and mezzanine quotaholders of the respective funds, demonstrating the company’s commitment to structuring low-risk and highly attractive return securitization vehicles. Throughout their cycles,…
Major Taranaki funder calls process ‘fit for purpose’ in wake of grantee’s liquidation history thepost.co.nz Read the original article here
Electrolysers maker McPhy fails to find buyer, heads for liquidation Renewables Now Read the original article here
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North West insolvency activity outpaces rest of UK as high costs ‘pushing many firms to the brink’ business-live.co.uk Read the original article here
In the financial year 2024-25 (FY25), creditors recovered over ₹67,000 crore from companies undergoing bankruptcy proceedings. This marked the highest-ever annual recovery under India’s Insolvency and Bankruptcy Code (IBC). As per the data from the National Company Law Tribunal (NCLT), the amount represents a 42% jump from the ₹47,206 crore resolved in the previous financial…
KARACHI: The Board of Directors of SME Leasing Limited (PSX: SLL) has formally approved a comprehensive Winding Down Plan for the company, aimed at facilitating an orderly exit from operations, according to a stock exchange filing on Wednesday. The plan, which includes multiple structural changes, was also endorsed by the Board of SME Bank Limited,…