Healthy ready meal company enters liquidation

John Campbell BBC News NI economics editor Karri Kitchen Peter Coulter & John Campbell BBC News NI Products from the healthy ready meal company Karri Kitchen have disappeared from shelves across Northern Ireland as the business has entered liquidation. The firm, which was based in Craigavon, County Armagh, had expanded rapidly over the past few…

Reacon administrator shares creditors update

Administrators for Reacon Australia and MMW 3Degrees have shared an update on the first creditor’s meeting held this week and the likely release date for the upcoming creditors report. Administrator Andrew Blundell, from Cathro & Partners said there were no major outcomes from the first creditor’s meeting held on Tuesday this week and everything remains…

Planet Ark enters voluntary administration

Planet Ark Environmental Foundation, a leading Australian environmental not-for-profit, has entered voluntary administration following a review of its financial position and future viability. The move opens the door for restructuring to secure the future of the organisation’s sustainability mission. The organisation’s Board made the decision in light of ongoing funding challenges, compounded by the economic…

Strategic buyers and investors scouting for insolvency-affected cement assets, ET LegalWorld

Several strategic buyers as well as investors are actively scouting for cement manufacturing companies which are currently undergoing the corporate insolvency resolution process under the Insolvency & Bankruptcy Code. One of the most sought-after assets in the sector is the cement business of debt-laden Jaiprakash Associates Ltd (JAL). The company has four plants in North…