Genetic Technologies Navigates Critical Financial Decisions Amidst Voluntary Administration – TipRanks
Genetic Technologies Navigates Critical Financial Decisions Amidst Voluntary Administration TipRanks Read the original article here
Dozens of Limerick jobs at risk as popular retailer faces liquidation – MSN
Dozens of Limerick jobs at risk as popular retailer faces liquidation MSN Read the original article here
Mastek Limited Initiates Voluntary Liquidation of Evosys Kuwait WLL – TipRanks
Mastek Limited Initiates Voluntary Liquidation of Evosys Kuwait WLL TipRanks Read the original article here
NCLT Mumbai approves ₹44.5 crore resolution plan for Vidhant Realty Pvt Ltd
The Mumbai Bench of the National Company Law Tribunal (NCLT) has approved the resolution plan submitted by Cubical Realty Pvt Ltd for Vidhant Realty Pvt Ltd, bringing an end to its corporate insolvency resolution process (CIRP). The plan was cleared with 100% approval from the Committee of Creditors (CoC). The insolvency proceedings were initiated after…
Directors’ duties owed to creditors: Clarity from the Singapore Court of Appeal in Foo Kian Beng v OP3 International Pte Ltd (in liquidation) [2024] SGCA 10 | United States | Global law firm
When does a director first come under a duty to consider the interests of creditors (Creditor Duty)? How should the Creditor Duty be weighed up in a director’s decision on whether to authorise the repayment of shareholder loans and to declare dividends? In the very recent decision of Foo Kian Beng v OP3 International Pte…
Redwood City medical device company to liquidate, pay off creditors – The Business Journals
Redwood City medical device company to liquidate, pay off creditors The Business Journals Read the original article here
R3 responds to January 2025 insolvency statistics – The Yorkshire Post
R3 responds to January 2025 insolvency statistics The Yorkshire Post Read the original article here
Builder owed $850,000 to creditors, including kayak trainer – The Press
Builder owed $850,000 to creditors, including kayak trainer The Press Read the original article here
Boss of company that ‘plagued’ households with cold calls banned
The boss of a Sussex-based home improvement company which ‘plagued’ households with cold calls and masqueraded as Citizens Advice has been banned as a director for four years. Callum Jones, 39, of Oban Road in St Leonards, was the sole director of Colourcoat Ltd, which specialised in roof cleaning, wall coating and insulation services. Colourcoat made 969,273 unsolicited marketing…
Forever 21 considers liquidation, possible second bankruptcy
Forever 21 is not doing so well after only five years of escaping its filing for Chapter 11 bankruptcy. According to CNBC and the Wall Street Journal, the fast-fashion retailer has been looking for a buyer for its U.S. leases. In January, it announced that it was considering other “strategic options” to help keep the…