Virgin Australia has revealed its plans under its new CEO, including hybrid check-in and a rebooted business class. Here’s what’s in store for the airline. – Business Insider Australia

Liquidation

Virgin Australias sale to US private investment company Bain Capital is officially complete. It comes after the airline went into voluntary administration amid the coronavirus pandemic, appointing Deloitte as administrators. Virgin Australia has also appointed a new CEO, former Jetstar boss Jayne Hrdlicka, and outlined its new direction under her leadership. Visit Business Insider Australias…

Luby’s, Inc. Stockholders Approve Plan Of Liquidation And Dissolution – PRNewswire

Liquidation

HOUSTON, Nov. 17, 2020 /PRNewswire/ –Luby’s, Inc. (“Luby’s” or the “Company”) (NYSE: LUB), announced that at a special meeting of stockholders held earlier today, stockholders approved the Company’s plan of liquidation and dissolution (the “Plan of Liquidation” or the “Plan”) that provides for the sale of the Company’s assets and distribution of the net proceeds…

Construction suppliers beware: New corporate insolvency law requires ongoing performance – Business MattersBusiness Matters

Liquidation

The introduction of the Corporate Insolvency and Governance Act 2020 (CIGA) in June 2020 was one of the many preventative measures taken by the UK Government in an attempt to safeguard the economy in the wake of the global Covid-19 pandemic. Its primary purpose is to provide breathing space to businesses during the pandemic as…

Dealing with insolvency in the construction supply chain (UK focus) – JD Supra

Liquidation

This round-up collates the information, analysis and guidance relating to insolvency issues shared by our Construction and Restructuring, Insolvency and Bankruptcy teams during the COVID-19 pandemic. For further information on any of the issues below, please get in touch with one of the Key Contacts. Few construction projects have been left untouched by the effects…

Fashion designer Alice McCall driven into voluntary administration by coronavirus – 9News

Liquidation

COVID-19 has taken out another Australian retailer, with fashion designer Alice McCall going into voluntary administration. The announcement, confirmed today by the designer’s spokeswoman, could signal the closure of some or all of the retailer’s 14 stores. For now, all stores and Ms McCall’s online business will continue to trade. Designer Alice McCall in her…

Virgin changes hands well-placed to tackle challenges, administrators say. – Airline Ratings

Liquidation

Virgin Australia faces challenging business and aviation environments but is in the best possible place to meet those challenges, lead administrator Vaughan Strawbridge said as the airline officially changed hands late Tuesday. Australias second carrier is now officially under the control of new US owners Bain Capital after the airlines shares and businesses were transferred…