Melbourne building collapses into voluntary administration – leaving projects in the lurch – MSN
Melbourne building collapses into voluntary administration – leaving projects in the lurch MSN Read the original article here
NCLT Cannot Decide Trademark Ownership Under Section 60(5) IBC During CIRP: Supreme Court
Thank you for reading this post, don’t forget to subscribe! The Supreme Court held that IBC forums cannot adjudicate substantive intellectual property disputes where resolution plans acknowledge rival claims. In Gloster Limited v. Gloster Cables Limited, the Court clarified Section 60(5) IBC limits on NCLT jurisdiction in insolvency proceedings. NEW DELHI : The Supreme Court…
Footloose Sailing enters liquidation after yacht fire in Cape Town
Ian Patience and his partner Fiona Gordon ran Footloose Sailing from their home in Upton, near Acle, chartering out their 57ft cruising yacht, Asante, for voyages around the world. But the couple have now put the company into liquidation after losing their vessel to a fire in the South African port city. Ian Patience and…
Going-out-of-business sales begin for legendary Saks Off 5th online after facing unusual breakup
THE digital operations of the legendary off-price Saks Off 5th brand are being dismantled with going-out-of-business sales now underway. The liquidation of the e-commerce giant comes years after Saks Off 5th Digital’s unusual split from the brick-and-mortar arm. Sign up for the Money newsletter Thank you! Saks Global, the parent company of Saks Fifth Avenue,…
All holidays cancelled as UK holiday firm goes bust
The West Yorkshire-based firm announced it had gone out of business on January 23, 2026. In a statement published to their website, the directors of the company said: “We are deeply saddened to announce that Gold Crest Holidays has ceased trading with immediate effect and has taken steps to enter voluntary liquidation. The holiday firm…
Hellyer gold mine’s previous operator has gone into liquidation
Liquidators have been appointed to Hellyer Metals, the company that until recently operated the Hellyer mine and tailings reprocessing facility in Tasmania’s west. According to documents filed with the corporate regulator, the Australian Securities and Investments Commission (ASIC), creditors on Thursday appointed Liam Bailey of Sydney-based insolvency practitioners O’Brien Palmer to wind up the company.…
Francesca’s begins liquidation as it reportedly will close all locations
Usually, when a retailer finds itself in financial trouble, experienced observers see the signs. In the month before JCPenney filed for Chapter 11 bankruptcy, for example, regular shoppers noticed that inventory was thin. You might see the shirt, shoes, or pair of pants you wanted, but it would only be available in less common sizes.…
Francesca’s begins liquidation as it reportedly will close all locations
Usually, when a retailer finds itself in financial trouble, experienced observers see the signs. In the month before JCPenney filed for Chapter 11 bankruptcy, for example, regular shoppers noticed that inventory was thin. You might see the shirt, shoes, or pair of pants you wanted, but it would only be available in less common sizes.…
Francesca’s begins liquidation as it reportedly will close all locations
Usually, when a retailer finds itself in financial trouble, experienced observers see the signs. In the month before JCPenney filed for Chapter 11 bankruptcy, for example, regular shoppers noticed that inventory was thin. You might see the shirt, shoes, or pair of pants you wanted, but it would only be available in less common sizes.…
Embattled beauty brand files Chapter 11 to halt liquidation – thestreet.com
Embattled beauty brand files Chapter 11 to halt liquidation thestreet.com Read the original article here