NCLT Orders Liquidation of Go Airlines: Upholds CoC’s Authority and Commercial Wisdom – linkedin
NCLT Orders Liquidation of Go Airlines: Upholds CoC’s Authority and Commercial Wisdom linkedin Read the original article here
Independent cinema at Reading shopping centre saved from closure despite liquidation – Reading Today Online
An independent cinema at one of the main shopping centres in Reading has been saved from closure, even though the company that set it up has gone into liquidation. The Biscuit Factory independent movie theatre at Broad Street Mall in Reading town centre has been around since the summer of 2021. For months, there has…
The Body Shop NZ goes into voluntary administration… – rugby-addict
The Body Shop NZ goes into voluntary administration… rugby-addict Read the original article here
Uncertain future for The Star hospitality venues if casino operator goes bust
The Star hospitality operations in Queensland and NSW – including its hotel, restaurant and bars tenants – face an uncertain future if casino operator enters voluntary administration or has its administration enforced over poor financial results. “All bets are off,” said one hospitality operator insider if its landlord, The Star Sydney, goes under. “It’s not…
The Body Shop NZ goes into voluntary administration
Beauty brand The Body Shop’s New Zealand business has appointed voluntary administrators. It comes after its UK parent company was placed into administration in February last year, with its international assets largely sold – but the sale excluded the New Zealand business. Administrators Daniel Stoneman and Neale Jackson of Calibre Partners said a buyer had not been…
The federal government becomes Rex Airlines’ largest secured creditor, sparking talk of nationalisation
In the lead-up to a federal election, bipartisan support to rescue the key regional airline Rex may not surprise voters. But what happens next could set the stage for the federal government to own an airline for the first time in three decades, after it privatised Qantas through a public share sale in 1995. This…
Straits Trading Announces Voluntary Liquidation of Subsidiaries – TipRanks
Straits Trading Announces Voluntary Liquidation of Subsidiaries TipRanks Read the original article here
Unexpected dip in corporate insolvencies, but figures still soar above pre-pandemic levels
An unexpected year-on-year dip in the number of corporate insolvencies in England and Wales does not reflect current tough trading conditions, with figures still soaring above pre-pandemic levels. This is according to the Midlands branch of the UK’s insolvency and restructuring trade body R3 and comes on the back of figures published this week by…
Scottish business insolvencies fell by 2.4% in Q3
Business insolvency numbers (liquidations and receiverships) in Scotland for Q3 2024-2025 decreased by 2.4% compared with Q3 2023-2024, to a total of 285 according to latest Accountant in Bankruptcy data. Business insolvencies (liquidations and receiverships) decreased by 8.9% when compared with the previous quarter’s total of 313 (July-September 2024). Commenting on the Scottish insolvency statistics,…
Fenn Foods saved by local rival after entering liquidation
Fenn Foods, a Sunshine Coast-based alternative meat company with products stocked in major retailers such as Woolworths (ASX: WOW) and Coles (ASX: COL), has been given a second shot at success after being acquired by rival Smart Foods almost two weeks after entering liquidation. Founded in 20http://www.businessnewsaustralia.com/15 by Michelin star chef Alejandro Cancino, Fenn Foods –…