A Costly Assumption: Westwood Capital and the Limits of the Good Faith Defence – Maddocks
A Costly Assumption: Westwood Capital and the Limits of the Good Faith Defence Maddocks Read the original article here
A Costly Assumption: Westwood Capital and the Limits of the Good Faith Defence Maddocks Read the original article here
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However, the pair was unable to do so before a watershed meeting with creditors, who elected by majority to place the business into liquidation. The administrators were subsequently appointed liquidators and, according to their first liquidators’ report, have continued to engage with parties who indicated an interest in acquiring the business during the administration process.…
A UK travel company is set to close after voluntarily entering liquidation. Ski Yodl Ltd, founded in March 2018, offered ski holiday packages to destinations including the French Alps. But after its eight years in operation, the company is now set to close. The company’s Facebook profile says it offers holidaymakers the chance to “book…
Ski Yodl Ltd, founded in March 2018, offered ski holiday packages to destinations including the French Alps. The company’s LinkedIn profile described it as “a collective of ski industry professionals driven to create a customer-centric booking experience with skiing at its core”. All holiday packages cancelled as Ski Yodl enters liquidation After eight years, Ski…
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HMRC Joint Liability Notices and personal liability exposure: a growing risk for directors and insolvency professionals TLT LLP Read the original article here
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The former employee then sought compliance orders against the director personally. A liquidator’s report recorded that the director had taken excessive drawings from the company, which he denied. The Authority declined to make findings under the involvement-in-breach provisions of the Employment Relations Act 2000, instead ordering the director under section 137(2) to take the necessary steps to ensure…
Judgement VIKRAM NATH, J. 1. The present civil appeals arise out of the judgment and order dated 20.01.2025 passed by National Consumer Disputes Redressal Commission in I.A. No. 15656 of 2024 and I.A. No. 14200 of 2024 in Consumer Complaint No. 13 of 2023, whereby the NCDRC rejected the applications seeking continuation of consumer complaint…