Is Brean Theme Park really gone for good? Not exactly. The Somerset attraction entered liquidation in late January, but as of March 6, its official website says the park will reopen on March 21, 2026, and is already selling wristbands for the new season. That is what makes this story more complicated than a standard…
Localist – The Food Merchant, based in East Kilbride, launched in 1994 (as Food From Scotland Ltd) with the aim of helping independent food businesses in Scotland grow. Over the years, the company has expanded and begun helping local food suppliers across the UK get their products to major retailers, including Morrisons, Co-op, and Waitrose,…
Localist – The Food Merchant, based in East Kilbride, launched in 1994 (as Food From Scotland Ltd) with the aim of helping independent food businesses in Scotland grow. Over the years, the company has expanded and begun helping local food suppliers across the UK get their products to major retailers, including Morrisons, Co-op, and Waitrose,…
Localist – The Food Merchant, based in East Kilbride, launched in 1994 (as Food From Scotland Ltd) with the aim of helping independent food businesses in Scotland grow. Over the years, the company has expanded and begun helping local food suppliers across the UK get their products to major retailers, including Morrisons, Co-op, and Waitrose,…
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Allianz posts record 2025 profit but faces a flat 2026 outlook due to rising corporate insolvency risks flagged by its trade credit unit, despite a higher dividend. Investors in Allianz are grappling with a stark dichotomy: record-breaking profits on one hand and a deteriorating credit environment on the other. The insurance giant’s recent operational performance…
The National Company Law Tribunal (NCLT), New Delhi Bench, has permitted the withdrawal of corporate insolvency resolution proceedings (CIRP) initiated against ATS Heights Private Limited, the developer of the ATS Knightsbridge project, in exercise of its powers under Section 12A of the Insolvency and Bankruptcy Code (IBC). {{^htLoading}} {{/htLoading}} The tribunal, through its order dated…
Last Wednesday (11 February), the Federal Court of Australia allowed liquidator Peter Krejci to proceed with his winding-up application against Teddy Panella, Sam Cassaniti and Armstrong Scalisi Holdings, trading as Sydney accounting firm CAP Accounting. Krejci alleged that Cassaniti was behind a tax avoidance scheme that utilised various labour hire companies to divert funds that…
The furniture retail sector has suffered from economic distress in the last year with major home furnishing companies closing stores and filing for bankruptcy protection. Companies that have filed for bankruptcy include AFC Acquisition Corp., owner of Albuquerque-based furniture chain American Home Furniture & Mattress, which filed for Chapter 11 bankruptcy to reorganize its business, close certain…