A POPULAR mattress retailer may soon close after filing for bankruptcy in January. The mattress company’s unsecured creditors filed a motion in January to liquidate the company, which has been around for nearly four decades. Sign up for the Money newsletter Thank you! A beloved mattress store may close its 45 locationsCredit: Getty The mattress…
The artisan company had been doomed by rising prices The Gourmet Chocolate Pizza Co, which been based on Colliers Business Park, ceased trading at the end of February (Image: Google) A Nottinghamshire firm has entered liquidation and staff made redundant after struggling to cope with rising financial pressure. The Gourmet Chocolate Pizza Co, which had…
Twisted Bars (Ilkley) Ltd runs The Ticket Office, a stylish venue in the Victorian railway station specialising in high-end cocktails, craft ales, and wines and The Yard at the rear of Brook Street, a bar and kitchen featuring an orangery, live music, DJ sets, and a south-facing terrace. The Yard, Ilkley (Image: submitted) Founded by…
Stringing Along Vendors: Common Business Tactic, or Fraud and Breach of Fiduciary Duty for Which the Company’s Officers and Directors May Be Held Liable Dentons Read the original article here
French Hydrogen Bike Pioneer Collapses as Pragma Industries Enters Liquidation Fuel Cells Works Read the original article here
NCLT Indore: Income Tax Department Cannot Adjust Refund During IBC Moratorium Even Without Knowledge Of CIRP BW Legal World Read the original article here
A UK-based engineering firm has collapsed into liquidation after more than 50 years in business. Rodmatic Ltd, known for manufacturing specialist fasteners and screw machine products, entered voluntary liquidation at the end of last month, according to The Gazette. The firm, which traded from an address in Reading, Berkshire, resolved to wind up its operations…
Germany witnessed an alarming rise in corporate bankruptcies last year, with figures peaking at their highest in over a decade, revealed data from the federal statistics office. A total of 24,064 insolvency filings marked a 10.3% increase compared to the preceding year. Volker Treier from the German Chambers of Industry and Commerce highlighted the…
Billionaire Anil Agarwal on Friday said that Vedanta losing out on Jaiprakash Associates insolvency despite being the highest bidder has put a question mark on transparency of India’s corporate insolvency resolution process. “The IBC (Insolvency and Bankruptcy Code system declared us the highest bidder for Jaiprakash Associates. It was publicized widely that Vedanta is the…
Twisted Bars (Ilkley) Ltd runs The Ticket Office, a stylish venue in the Victorian train station specialising in high-end cocktails, craft ales, and wines and The Yard at the rear of Brook Street, a bar and kitchen featuring an orangery, live music, DJ sets, and a south-facing terrace. The Yard, Ilkley (Image: submitted) Founded by…