Jaiprakash Associates, the flagship firm of the embattled Jaypee Group, is grappling with insolvency proceedings with an outstanding loan tallying Rs 55,525.89 crore as of November 10, 2024, a recent regulatory filing revealed. The company has entered the corporate insolvency resolution process in accordance with the Insolvency and Bankruptcy Code, following an order…
Maketu Pies factory. Photo: RNZ / Luka Forman Maketū locals are pleased their famous pies are back on the menu, saying the business is an asset to the small community. Maketū Pies has been bought by a catering company after a two-week liquidation process. The pie shop has been a major employer for the small…
“I am not going to be too hard on my former management,” he wrote on Instagram. “They spread themselves too thin trying to support their people, and stuffed up the numbers.” Not all of Ivanoff’s clients were so forgiving. Greg Larsen signed on with the company just a month ago: “Since Junkyard went insolvent, a…
“I am not going to be too hard on my former management,” he wrote on Instagram. “They spread themselves too thin trying to support their people, and stuffed up the numbers.” Not all of Ivanoff’s clients were so forgiving. Speaking on condition of anonymity for fear of complicating legal actions others might be pursuing, one…
An iconic drinks brand has been saved from being liquidated after spending months in voluntary administration. The beverage brand run by husband-and-wife team Nathan and Felicity Cowan out of Beechworth in north-east Victoria, Billson’s Brewery, was placed into administration in July. Creditors McGrath Nicol last week outlines three options for the company: an end to…
By FREDDY PAWLE FOR DAILY MAIL AUSTRALIA Published: 16:38 AEDT, 5 December 2024 | Updated: 16:41 AEDT, 5 December 2024 An iconic drinks brand has been saved from being liquidated after spending months in voluntary administration. The beverage brand run by husband-and-wife team Nathan and Felicity Cowan out of Beechworth in north-east Victoria, Billson’s Brewery,…
Aussies scoop up cheap gifts from sports company liquidation The Canberra Times Read the original article here
Iconic drinks brand Billson’s Brewery has been thrown a lifeline and avoided liquidation following a creditors’ vote on the future of the company today. The company, which is housed in a 159-year-old brewery in Beechworth in north-east Victoria, went into administration in July. A report from creditors McGrath Nicol published last week outlined three options…
Iconic Maketū Pies bought following two-week liquidation process …
Niche bosses in shock bid to take back control The West Australian Read the original article here