Bathla Group has entered voluntary administration, with restructuring firm Teneo appointed to several key entities as the Sydney residential developer grapples with billions of dollars in liabilities. The administration affects Universal Property Group, Bathla’s main corporate entity, and Raj & Jai Construction, among other related companies. Universal Property Group reported $3.2 billion in liabilities at…
“We are excited to be able to continue serving the loyal individuals and businesses who make up our customer base.” The roots of the bakery go back to 1905, and according to State Fayre’s social media, they are purveyors of the “best bagels in town”. State Fayre Ltd acquired the business in 2017, with Fagleman…
Summary The UK Insolvency Service published a consultation on 25 March 2026 (closing 17 June 2026) proposing the most comprehensive reform of corporate civil enforcement in four decades. The reforms would expand the Insolvency Service’s remit beyond insolvency to cover all corporate misconduct in live, insolvent, or dissolved companies. Key proposals include: (1) structural reforms:…
The government has said it will hold off on adopting any recommendations from the insolvency inquiry until it has completed its inquiry into business dynamism. The government has issued its response to recommendations from the parliamentary joint committee that undertook an inquiry into corporate insolvency in 2023. In its final report, the committee said Australia’s…
Bathla Group Management Probes Australia’s Surge in Property Private Credit TechStock² Read the original article here
‘Nowhere to go’: developer collapse sparks buyer fears The Canberra Times Read the original article here
Founded in 2009, the Dunfermline-based Allan Corfield Architects (ACA) had offered specialist services in the self‑build and custom‑build business sectors. Along with Allan Corfield Structures (ACS), which was established in 2020 to provide structural engineering services to ACA’s clients, the two firms employed 14 staff. However, the businesses were handed over to liquidator Shona Campbell,…
Judge orders Chapter 7 liquidation for First Brands Group Trucks, Parts, Service Read the original article here
Property developer Bathla enters voluntary administration Green Street News Read the original article here
While the actual decline is relatively small, even a slight drop in overall liquor sales can have a devastating impact on the industry. “Active U.S. craft distillers dropped from 3,069 in August 2024 to 2,282 in August 2025. Seven hundred and eighty-seven fewer operations in a single year,” according to The American Craft Spirits Association.…