Article 0 Comments R&Q Insurance Holdings Ltd. confirmed that on June 21 it had filed with the Bermuda Supreme Court an application to appoint joint provisional liquidators to oversee the liquidation and ultimately the winding up of the company. The company anticipates that this process will result in the prompt closing of the sale of…
By Stephen Johnson, Economics Reporter For Daily Mail Australia Published: 17:56 AEST, 24 June 2024 | Updated: 18:43 AEST, 24 June 2024 A major home building company has collapsed just 18 months after it was fined more than $40,000 for underpaying a worker… Read the full article at: https://www.dailymail.co.uk/news/money/article-13561889/Designer-Projects-Victoria-Pty-Melbourne-home-building-company-liquidated-fined-underpaying-worker.html
Over the past two years, voluntary administration has become an all-too-common phrase in the beer world, a sign of the challenges faced by the brewing industry at a time when the wider economy is experiencing an ongoing downturn. While the number of VAs represents only a small percentage of the entire brewing industry, the attention…
Above: Sule Arnautovic from Salea Advisory Access Print Solutions, Graphic Print Group (GPG) and Graphic Web in Sydney and Adelaide are now for sale after entering voluntary administration with 50 employees affected. Sule Arnautovic from Salea Advisory has been appointed voluntary administrator for the three businesses by the directors of the business. Arnautovic is a…
A heavily pregnant woman is among Australians stranded in Vanuatu as the country’s national airline is placed into voluntary liquidation. On Thursday it emerged that all international flights scheduled on Air Vanuatu until Sunday had been cancelled, as the government “reviewed” the airline’s future. In a statement to media, Air Vanuatu confirmed international firm Ernst…
Further it will also include, the status of any property that remains to be sold, distributions to stakeholders, and the distribution of unsold property to stakeholders. 2 min read Last Updated : Jun 23 2024 | 10:11 PM IST The IBBI has issued a new format for the submission of progress reports during liquidation process,…
Normal text sizeLarger text sizeVery large text size A historic club faces closure three months after it asked members to pledge $2000 following a hike in rental costs. Harbour views and poker machines were not enough to rescue The Kirribilli Club, which was placed in voluntary administration on Wednesday. The Kirribilli Club in Lavender Bay.Credit:…
Tuesday 4 June 2024 Krrishan Singhania K Singhania & Co, Mumbai [email protected] Avni Singhania K Singhania & Co, Mumbai [email protected] K. Anjana Devi K Singhania & Co, Mumbai [email protected] Aayush Shah K Singhania & Co, Mumbai [email protected] Overview of the aviation insolvency proceedings before Indian courts In India, the Insolvency and Bankruptcy Code (IBC) was…
By Dietrich Knauth NEW YORK, June 21 (Reuters) – Electric vehicle startup Fisker is headed towards a liquidation, attorneys said in U.S. bankruptcy court on Friday, as two creditor factions previewed a battle over which group will be paid first. Fisker filed for bankruptcy protection in Delaware on Monday after burning through cash in an…
Australian agribusiness HS Fresh Food, known for its fresh salads, ready-made meals, and pre-prepared vegetable products, has entered into voluntary administration, impacting around 500 jobs. The company, which operates under brands such as Houston’s Farm, Sunfresh, and Gourmet Selections, and supplies to major retailers like Coles and Woolworths, appointed FTI Consulting administrators Vaughan Strawbridge, Joanne…