If you’ve raised venture capital—or even just read about it—you’ve heard the warnings about liquidation preferences. It’s a common grouch on LinkedIn. “The VCs get paid first!” “You could build a $100m company and walk away with nothing!” “Preferences are how investors screw founders!” And look, I get it. Liquidation preferences are real. They’re in…
We revealed that Companies House listed a change of address from its registered base at Sandyford Place to the care of Glasgow-based Opus Restructuring. The petition was presented to Glasgow Sheriff Court by the Advocate General for Scotland for HMRC to order that Gillens Coaches Limited “be wound up and to appoint a liquidator”. The state-funded…
‘We will not vanish’: Founders’ vow as craft beer company Sobah appoints administrators Business News Australia Read the original article here
Timaru-based South Island engineering company put into liquidation The Press Read the original article here
G+T advises Roofoods on Deliveroo Australia’s voluntary administration Gilbert + Tobin Read the original article here
First decision on Australia’s ipso facto stay in voluntary administration Herbert Smith Freehills Kramer Read the original article here
Bowen Basin Mine Owners Enter Administration Amid Coal Price Slump Discovery Alert Read the original article here
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Popular Glasgow bakery goes into liquidation after more than 20 years The Scottish Sun Read the original article here
Overtone Brewing, known for its colourful cans and distinctive brews, was placed into compulsory liquidation by the courts on February 13. The business had accumulated unsustainable debts and was unable to secure further investment, according to STV. Founded in 2018 by Bowei Wang and Dan Miller in Yoker, the brewery quickly gained a following among…