‘Proud of what we built’: Gisborne builder’s business collapses amid $420k debt – Herald Sun
‘Proud of what we built’: Gisborne builder’s business collapses amid $420k debt Herald Sun Read the original article here
Guildford investment manager enters voluntary liquidation
Guildford alternative investment manager Prosper Capital LLP (FRN: 453007) went into creditors’ voluntary liquidation on 1 June. Jeremy Karr and Simon Killick of BTG Begbies Traynor were appointed as joint liquidators. The firm acted after The Financial Ombudsman Service upheld complaints about property investments made through Crowd2Let (FRN: 743371), which was an appointed representative of…
UK games retailer Game entered administration owing £16m, thanks to fierce competition, consumer trends, and “uncertainty associated with Brexit”
Insight into the fall of British high street video game retailer Game going into administration has been brought to light in a new report. After years of business troubles and challenges, this write-up claims the company’s liquidation was caused by changing consumer behaviour, fierce competition, and “uncertainty associated with Brexit”. KR8 Advisory’s report, penned by…
SK Siltron to Liquidate US SiC Wafer Subsidiary This Year – thelec.net
SK Siltron to Liquidate US SiC Wafer Subsidiary This Year thelec.net Read the original article here
High-profile Wellington property figure Matthew Ryan’s companies in receivership – Stuff
High-profile Wellington property figure Matthew Ryan’s companies in receivership Stuff Read the original article here
Cotswolds car company to be liquidated amid £111,000 debts
Liquidators from BTG Begbies Traynor have been appointed for Cotswolds Cars Ltd after the Woodstock-based company reported creditors of £111,070 falling within a year. That was as stated in its latest company accounts on Companies House which was for the year to August 31, 2024. READ MORE: VAT blamed as international private school’s Oxford site…
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Winter Haven construction company files for liquidation bankruptcy – The Business Journals
Winter Haven construction company files for liquidation bankruptcy The Business Journals Read the original article here
Haulage firm collapses in £1.1m liquidation after 35 years
Mor Cross Transport Services, a long‑established company based at Enstone Airfield near Chipping Norton, entered creditors’ voluntary liquidation in December. The company’s nature of business is given as freight transport by road, and the notice is categorised as a corporate insolvency appointment of liquidators. A Shipston‑on‑Stour address is given as the registered office, while the…
Duncans Industries: NCLAT Rules Gratuity and Leave Encashment Cannot Be Counted as CIRP Costs, ETLegalWorld
Gratuity, leave encashment not part of CIRP cost: NCLAT New Delhi, The NCLAT has dismissed an appeal by a former employee of Duncans Industries seeking priority payment of his gratuity and leave encashment dues by classifying them as insolvency resolution process costs. A three-member bench upheld the earlier order passed by the Kolkata Bench of…