Liquidation and locus standi – Cliffe Dekker Hofmeyr
Liquidation and locus standi Cliffe Dekker Hofmeyr Read the original article here
Spirit Airlines has stopped flying. Here’s what happens next :: WRAL.com
The bright yellow planes are grounded. Now the selloff begins. Spirit Airlines, which abruptly canceled all its future flights over the weekend, secured court approval Tuesday to begin dismantling the once-busy budget carrier and to convert its parts into cash for creditors. U.S. Bankruptcy Judge Sean Lane authorized the airline’s plan for a rapid wind…
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Hudson Global Resources: contractors’ superannuation payments in limbo | The Canberra Times
Recruitment and superannuation stalwart Hudson Global Resources (Aust) Pty Ltd entered administration on April 22, citing “legacy liabilities” and a chance for restructuring as the reasons, according to documents obtained from the Australian Securities and Investments Commission. Read the original article here
Kaboodle: British kitchen brand enters immediate liquidation with customers warned to act before Friday deadline
Kaboodle Ltd has ceased trading with immediate effect after the kitchen appliance supplier and installer ran into financial difficulties. The company confirmed it has entered creditors’ voluntary liquidation, with BRI Business Recovery and Insolvency appointed to oversee the process. Cash constraints forced the closure, according to commercial director David Simpson. In a statement, the firm…
Air Antilles : une liquidation judiciaire comme épitaphe
The venture was short-lived. After being taken over by the Territorial Collectivity of Saint Martin and the company Edeis in October 2023, Air Antilles was placed in receivership on Monday, April 27, by the Mixed Commercial Court of Pointe-à-Pitre. The court rejected the takeover bids submitted since the company was placed in receivership on February…
Planned flights cancelled as UK airline in liquidation
The Edinburgh-based company ceased operations following the voluntary liquidation. The formal appointment of Opus Restructuring to EcoJet follows the allocation of interim liquidators earlier this year. The company planned flights from Edinburgh to Southampton with mainland Europe and longer flights also proposed, but the schedule was not launched. It comes amid separate pressures for the…
UK kitchen firm shuts down website and ceases trading with 'immediate effect' – Herald Series
UK kitchen firm shuts down website and ceases trading with ‘immediate effect’ Herald Series Read the original article here
UK meat supplier faces liquidation as debts increase | News
The company was formed in 2016, and operated from James Carter Road, Mildenhall in the UK. West Yorkshire Meat Suppliers produces meat and poultry meat products, and at the end of March, British Gas Trading Ltd presented a petition to wind up the company after it accrued unpaid debts. A winding up petition is a…
Cosmetics brand forced into Chapter 7 liquidation by lender – thestreet.com
Cosmetics brand forced into Chapter 7 liquidation by lender thestreet.com Read the original article here