Once India's biggest startup, Byju's faces insolvency proceedings – Reuters
Once India’s biggest startup, Byju’s faces insolvency proceedings Reuters Read the original article here
Major builder Stevens Construction goes into liquidation
A major developer which built apartments for John Singleton and supermarkets for Woolworths has been placed into liquidation less than two months after it collapsed. NSW Central Coast-based builder Stevens Construction was established in 2006 but went into voluntary administration in May, leaving 10 projects in limbo. In a press release published on its website…
Billson’s Brewery collapses after almost 160 years in business
Australian beverages brand Billson’s has plunged into voluntary administration as a perfect storm of challenges strikes independent brewers. Husband-and-wife team Nathan and Felicity Cowan, who ran the historic brewery in Beechworth, northeast Victoria, are devastated by the collapse of the company which was founded in 1865. The couple blamed the downfall of the ready-to-drink canned vodka,…
GVK Power and Infrastructure faces insolvency proceedings on loan default | Company News
Senior counsel K Vivek Reddy, representing ICICI, referenced a London court judgment from October of the previous year to support the insolvency proceedings against GVKPIL. 3 min read Last Updated : Jul 16 2024 | 11:43 PM IST GVK Power and Infrastructure Ltd (GVKPIL) will face insolvency proceedings for failure to pay loans to…
‘Absolutely woeful’: Collapsed shed company director’s new career move – Sunshine Coast Daily
‘Absolutely woeful’: Collapsed shed company director’s new career move Sunshine Coast Daily Read the original article here
Troubles for Billson's – 102.1 & 93.3 Edge FM Wangaratta
Troubles for Billson’s 102.1 & 93.3 Edge FM Wangaratta Read the original article here
Corporate insolvency figures stabilise in June – Insider.co.uk
Corporate insolvency figures stabilise in June Insider.co.uk Read the original article here
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Australia’s Rex Airlines enters into voluntary administration – LARA Magazine
Australia’s Rex Airlines enters into voluntary administration LARA Magazine Read the original article here
Construction insolvencies and profit warnings
By rough comparison, in 2023 construction firms accounted for 13.8% of all registered businesses in the UK, suggesting the industry is still disproportionately affected by insolvency. Within the construction industry, firms categorised as providing specialised construction activities are consistently the most affected across Great Britain. This includes companies providing a range of work, typically on…