Baroness Michelle Mone and her husband Doug Barrowman are among individuals being sued in an attempt to recover some of the millions owed to the government by his collapsed company, PPE Medpro, the BBC understands. The government was awarded £122m plus interest from PPE Medpro last year, after a court ruled the firm had breached…
Hundreds of Aussies may lose their money after collapse of major car-buying site drive.com.au Read the original article here
Geedup enters liquidation after ATO tax probe Inside Retail Australia Read the original article here
(Alliance News) – Sorted Group Holdings PLC on Thursday said it may have to enter liquidation or another insolvency process after deciding not to draw on an existing loan facility, as it requested the suspension of trading in its shares on AIM. The Manchester-based shipments and delivery monitoring software, which became a cash shell in…
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Richard Bathgate, restructuring partner and licensed insolvency practitioner at Johnston Carmichael LLP, has been appointed interim liquidator of Nairn-based Alpha Plus Windows & Conservatories Limited. The appointment follows a period of challenging trading conditions for the home improvement business. Prior to taking steps to wind up the business, the company’s director, Alan Paul, undertook a…
On 23 June, the Mumbai Bench of the National Company Law Tribunal (NCLT) admitted Bank of India‘s Section 7 petition against Supreme Engineering Limited over a default of Rs. 117.50 crore, holding that Section 10A of the Insolvency and Bankruptcy Code, 2016 does not shield post-COVID defaults from insolvency proceedings. Judicial Member Nilesh Sharma and…
A popular Australian streetwear brand has collapsed into liquidation. Geedup Co was founded in western Sydney in 2010 and developed a cult following. The brand was launched by Jake ‘Paco’ Catley. Louie Douvis Robert Woods from Deloitte has been appointed as the liquidator of the brand, which operated under the company Expialidocious Investments Pty Ltd. A…
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Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…