Australian travellers who collectively lost millions of dollars after their travel agency collapsed are calling on the federal government to overhaul consumer protections in the travel sector. Melbourne-based agency AVG Travels, which sold discounted international tour packages to Asia, Europe and Africa, was placed into liquidation in May. New documents lodged with ASIC show the…
Image used for representative purpose only. | Photo Credit: Getty Images/iStockphoto The outline of India’s Insolvency and Bankruptcy Code (IBC) has long been demarcated by an innate stiffness between the inevitability to preserve distraught companies and the necessity to safeguard the interests of creditors. This contradiction is often cited as the ‘Chakravyuha Challenge’— a structural…
Customers were still being encouraged to proceed with Dashdot’s property investment services just days before the buyer’s agency entered voluntary liquidation, according to emails and messages obtained by ABC News. The communications do not prove any wrongdoing occurred. But they raise fresh questions about what was happening inside the company in the weeks before its…
New plan to save iconic 134-year-old South African company from liquidation Daily Investor Read the original article here
Wellington Wharewaka owners seek $800k from former cafe operator in liquidation The Post Read the original article here
I don’t sip lukewarm coffee while I swirl my way through corporate filings at a news desk full of crap. If I did, of course, and if I were a 28-year-old financial editor on the trail, the first thing that would come to mind would be to dispatch the rumor you just brought me. This…
TL;DR GameStop’s Form 10-Q includes digital asset custody risk disclosures. The filing discusses circumstances in which a custodian may liquidate or retain custody assets under default or insolvency-related events. The issue should be framed as a risk disclosure, not as a current liquidation threat. GameStop Discloses Digital Asset Custody Risks GameStop’s latest Form 10-Q filing…
Newly filed liquidator reports into the collapse of Bluesfest have revealed a series of findings that go far beyond the festival’s well-publicised debt problems. Key Findings Liquidator believes Bluesfest may have been insolvent by October 2025. More than $500,000 in payments to Peter Noble Group are being examined after the liquidator found no supporting documentation…
Company behind running Lakeland Leather stores placed into liquidation Westmorland Gazette Read the original article here
Dublin’s ‘leading luxury residential builder’ Whelan O’Keeffe goes into liquidation Irish Independent Read the original article here