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The protracted wind-down of SunPower is approaching its final stages. Having completed a major restructuring in 2024, the remaining corporate entity now functions solely to manage the liquidation plan and resolve outstanding legal matters. A key question remains for market participants: what ultimate recovery can the company’s creditors expect? This transition effectively ends SunPower’s operational…
A liquidator has been appointed to Specialist Haulage Hire following a successful petition from HMRC for the Sandyford Place-based company to be wound up. The petition was presented to Glasgow Sheriff Court by the Advocate General for Scotland for the Commissioners for HMRC “to order that Specialist Haulage Hire Ltd be wound up by the…
Law On Feb 18, 2026 Roseland-based law firm Connell Foley LLP had launched its new Corporate Restructuring & Bankruptcy practice with the addition of Partners Robert K. Malone and Brett S. Theisen as co-chairs, along with Partners Katharina Earle, Dale E. Barney and Mark Conlan. As part of the new practice, Connell Foley has opened…
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The Supreme Court of India has dismissed an appeal filed by Power Trust, the promoter of Hiranmaye Energy Ltd., challenging the initiation of the Corporate Insolvency Resolution Process (CIRP) against the corporate debtor. The Bench, comprising Chief Justice of India Surya Kant, Justice Joymalya Bagchi, and Justice Vipul M. Pancholi, upheld the orders of the…