What they call a “Cronxortium” has come together to salvage a New Addington brewery. Coming up smelling of hops: phoenix brewer Mark Russell But rather than save the Cronx Brewery company, the group has staged what is known as a “phoenix operation”, potentially evading tens of thousands of pounds’ worth of debts while leaving other…
Ankit Metal & Power Advances in Insolvency Resolution Process TipRanks Read the original article here
China’s Shimao drops 15% after developer receives liquidation petition Reuters Read the original article here
A family-run car dealer has closed down suddenly, leading to 24 staff members being made redundant just days before Christmas. Blackdown Motor Company has been selling cars across Somerset for more than 50 years but has now ceased trading after facing ‘extremely challenging conditions’. Records on Companies House show that an extraordinary resolution to wind…
It was viewed that there has been no change of the tenancy rights of the Appellants by way of a contract and the law which is to operate in respect of termination of tenancy are the provisions of the Act and not the Code The New Delhi Bench of the National Company Law Appellate Tribunal…
Byju’s corporate insolvency resolution process (CIRP) disclosed important claims made by workers. These workers are demanding unpaid debts. Together, these workers—who are also operational creditors, have submitted claims totaling ₹177.5 crore. However, Pankaj Srivastava, is the selected dispute resolution professional (RP). He has only provisionally admitted a small portion of these claims₹32.56 crore. Breakdown of…
Revenue asks the High Court to wind up third company linked to troubled BlackBee investment group MSN Read the original article here
Revenue is asking the High Court to wind up a third company that is linked to the troubled Cork-based BlackBee investment group. Mr Justice Oisín Quinn on Monday agreed to adjourn Revenue’s petition for four weeks after hearing that the Corporate Enforcement Authority (CEA) wants to file an affidavit in the case. No details of…
Young family left homeless after caravan company collapses MSN Read the original article here
Exclusive: Records show Beauvoir Developments Ltd has agreed to be wound up The company behind the Liverpool Hooters restaurant has filed for liquidation. The venue in Water Street was closed today (Monday). The company behind Liverpool’s controversial Hooters restaurant has gone into liquidation. The controversial US-restaurant chain has been operating in Liverpool since a licence…