Edelweiss Asset Reconstruction Company has appointed former SBICAP chief Arun Mehta as MD and CEO to accelerate its pivot toward retail and MSME stressed assets. This leadership change follows a fiscal year where retail exposure surged to 29%, marking a transition from traditional large-scale corporate insolvency toward high-volume, granular recovery models. The Operational Pivot The…
The future of the iconic Eastbourne Pier has been thrown into serious doubt after its operating company, Lions Pier Limited, was forced into compulsory liquidation. The future of the iconic Eastbourne Pier has been thrown into serious doubt after its operating company, Lions Pier Limited, was forced into compulsory liquidation. The Liquidation and Court Order…
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First Brands wins second chance to pursue liquidation plan Crain’s Cleveland Business Read the original article here
Barbeques Galore has not secured any offers “capable of acceptance or implementation” since the company entered voluntary administration in February 2026, so the business will be wound up on June 16, according to the firm that led the sale process, Ankura. It is expected that 62 stores will be closed and the remaining 27 franchise-owned…
Hundreds of jobs to go as barbecue retailer sizzles out The Canberra Times Read the original article here
A UK swimming pool firm is in a liquidation battle amid £44K debts. P&P Leisure Pools, which is based in Bedfordshire, is facing a court hearing at the Business and Property Courts in Manchester after which the company could be wound up. This comes after Witney-based Certikin International Limited, a leading supplier of pool and…
‘Iconic’ Australian BBQ chain goes out of business after almost 50 years BBC Read the original article here
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Central Coast Pioneers Six String Enter Voluntary Administration The Crafty Pint Read the original article here