Accell UK and Ireland, part of the Netherlands-based Accell Group, filed a notice of intention to appoint administrators as the wider group kick-started insolvency proceedings. The company bought Raleigh in 2012 for around 100 million US dollars (£74 million), adding to its roster of bike brands throughout Europe including Haibike, Winora and Ghost. The 139-year-old…
Mark specialises in insolvency disputes, restructuring and complex commercial litigation. He has more than a decade of experience advising on some of the most complex and high-value insolvency and commercial disputes in the North West, with a particular focus on acting for insolvency practitioners, directors, shareholders, creditors, investors, lenders and charities. His insolvency practice spans…
The combined total creditor claims are $545,309.41. Secured creditor claims total $1057.57. Unsecured creditor claims total $329,044.95. One preferential unsecured creditor claim totals $213,261.09. One applicant creditor’s cost totals $1945.80. The largest creditor was IRD as a preferential unsecured creditor, an unsecured creditor and for applicant creditor costs combined. IRD’s claims totalled $539,222.70. There are…
The combined total creditor claims are $545,309.41. Secured creditor claims total $1057.57. Unsecured creditor claims total $329,044.95. One preferential unsecured creditor claim totals $213,261.09. One applicant creditor’s cost totals $1945.80. The largest creditor was IRD as a preferential unsecured creditor, an unsecured creditor and for applicant creditor costs combined. IRD’s claims totalled $539,222.70. There are…
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Contractor reportedly owing IRD $1.1m attributes liquidation to slow payments and inconsistent work NZ Herald Read the original article here
A liquidator was appointed to the Glasgow-registered company after court action was taken by His Majesty’s Revenue and Customs. A petition was presented to Paisley Sheriff Court for HMRC in relation to AllAbout Transport Limited, listed at Manse Court. It called for the company to be wound up and for a liquidator to be appointed.…
Restaurant owner vows to rebuild after companies placed in liquidation The Press Read the original article here
Hundreds of Ekapa Mine jobs could be saved. Numsa has welcomed a Northern Cape High Court ruling suspending the liquidation of Ekapa Minerals and placing the Kimberley company under business rescue. The union says the process creates an opportunity to restart operations and return workers to their jobs. The mine has faced severe financial pressure…
The Delhi bench of the National Company Law Tribunal (NCLT) has ordered the dissolution of Newgen Payment Gateway Private Limited, a company that provided payment processing services for credit cards, debit cards and bill payments. The bench found that the company’s voluntary liquidation had been completed and all liabilities had been settled. The order was…