Historic Ayrshire knitwear business goes into liquidation – Business … – insider.co.uk

The Balmoral Knitwear factory – a favourite brand among Scotland’s golfing community – has closed following the appointment of liquidators to the Ayrshire-based business. Paul Dounis and Steven Ross of RSM Restructuring Advisory have been appointed provisional liquidators of Balmoral Knitwear , which makes plain and embroidered corporate uniform, school and workwear. The move means…

What does going into administration or liquidation mean and which UK companies have gone bust? From Carillion to … – The Sun

MEAT supplier Russell Hume has become the latest large company to make headlines for going into administration. The company, which supplied chains such as Wetherspoon and Jamie Oliver restaurants, is facing the loss of 270 jobs. Here’s what calling in the administrators means… PA:Press Association What does going into administration mean? When a company enters…

Businessman told to pay council tax after care company liquidated – shropshirestar.com

David Fensome appeared at Telford Magistrates Court to oppose the application for a council tax liability order by Shropshire Council. Mr Fensome claimed the council owed his former company, Telford-based Tailored Care Limited, £190,444.69 before it went into liquidation earlier this year. Tailored Care Limited was based at Coalport House in Stafford Park Ms Sue…

Essar Steel bidders caught in eligibility rule web – The Telegraph

Calcutta: Strategies deployed by ArcelorMittal and Nu Metal & Steel to extricate themselves from the legalese of the dreaded Section 29A of the Insolvency & Bankruptcy Code, 2016, will determine the future of Essar Steel’s corporate resolution process that has rolled into a decisive phase. As consultancy Grant Thornton and solicitor firm Cyril Amarchand Mangaldas…

Company briefs – Times of Malta

International audit and consulting group Mazars has launched a mobile app, branded Mazars Live!, designed to connect users with developments taking place within the Mazars network, while providing insights into topics shaping the contemporary business world. Commenting on the new app, Mazars Malta managing partner Anthony Attard said that since its launch Mazars Live! has…

Mossgreen auction house administrator tells collectors to pay up to get their goods back – Radio Australia

The administrator of the collapsed auction house Mossgreen is refusing to return consigned goods to more than 1,000 collectors unless it is paid maintenance fees totalling more than $1.4 million. It comes after Mossgreen, renowned for selling artwork and rare collectables, went into voluntary administration in December. The latest development more than triples the number…