Dozens of schools are losing their canteens – some with just 24 hours notice – as the fallout from a school lunch makers liquidation spreads. Libelle, which provides about 125,000 meals a day for the government’s revamped school lunch programme, went bust on Tuesday. Liquidators and the main contractor Compass have stepped into make sure…
Store closing sales enter final days for Big Lots, Party City and more Axios Read the original article here
Huge healthcare firm files for Chapter 7 liquidation TheStreet Read the original article here
Jonathan Barham has joined Collas Crill as a Partner in the Global Insolvency and Corporate Disputes team. With more than 20 years’ experience of dealing with all aspects of commercial litigation, encompassing a broad range of business, corporate, insolvency and trust disputes, Jonathan (pictured) is will also act as the local practice head of the…
Pioneer Channel Factory, a Mumbai-based company, has filed for the initiation of its Corporate Insolvency Resolution Process (CIRP) under Section 10 of the Insolvency and Bankruptcy Code (IBC), 2016. The National Company Law Tribunal (NCLT), Mumbai Bench, has admitted the petition and ordered the commencement of the CIRP. Background of the case Pioneer Channel Factory…
The NCLAT upheld the decision of the Adjudicating Authority stating that the appellants had failed to exercise due diligence on protecting their rights with the prescribed timelines. The National Company Law Appellate Tribunal, Principal Bench, New Delhi dismissed the appeals filed under Section 61 of Insolvency and Bankruptcy Code 2016 due to failure of appellant…
Fashion chain on brink of collapse as UK stores set to close this weekend – full list The Star Read the original article here
Fashion chain on brink of collapse as UK stores set to close this weekend – full list Lancashire Evening Post Read the original article here
The Federal Court of Australia has forced Australian retailer Ally Fashion into liquidation following an application by a landlord for rent arrears. The court appointed Jeff Marsden and Duncan Clubb of BDO Australia on February 28, 2025. Ally Fashion is an Australian-owned female fast fashion retailer that was founded in 2001, with 160 stores across…
Eight years of IBC: Triumphs, trials and the road ahead Bar & Bench – Indian Legal News Read the original article here