Airlines broadly are grappling with higher jet fuel prices due to the US-Iran war Published Thu, Apr 16, 2026 · 06:04 AM [WASHINGTON] Spirit Aviation is at risk of being liquidated as rising jet fuel prices spurred by the US war with Iran further squeeze the bankrupt budget carrier’s finances, according to sources familiar with…
Octopus (APAC) Holdings Limited: Completion of Creditors’ Voluntary Liquidation of Subsidiaries Summary of Key Developments Octopus (APAC) Holdings Limited (formerly GS Holdings Limited) has completed the creditors’ voluntary liquidation (CVL) of its subsidiaries, Wish Hospitality Holdings Private Limited and Wish Health Management (Shanghai) Co. Ltd. (“Wish Shanghai”). All regulatory requirements and formalities for liquidation and…
A UK coffee supplier ceased trading and was placed into voluntary liquidation last month despite having assets of more than £1million. A financial statement filed on March 18 revealed that Surrey-based firm Instant Coffee Supplies Limited had decided to liquidate the company to distribute its assets. The news was confirmed by a Resolution for Winding-up…
All jobs have been lost after an East Kilbride kitchen firm collapsed into administration. Merchant City Distributors Limited, based in Kelvin Industrial Estate, ceased trading and made all 18 of its employees redundant. The closure follows 25 years in business and has been blamed on “detrimental supply chain issues” that left the company with no…
Videocon Industries Announces 60th Committee of Creditors Meeting for April 17, 2026 scanx.trade Read the original article here
France has recorded a historic rise in corporate insolvencies, with 71,100 business failures reported over a rolling 12-month period to Q1 2026, according to Altarès. The figure marks the highest level since the 2009 financial crisis and places more than 75,000 jobs…
Value Industries Limited Announces 60th Committee of Creditors Meeting for April 17, 2026 scanx.trade Read the original article here
A Scottish kitchen company has collapsed into administration with all jobs lost. The East Kilbride firm ceased trading after 25 years following “detrimental supply chain issues” with 18 staff made redundant. Appliance supplier and installer Merchant City Distributors Limited directors appointed administrators as “the only option”. The company was based in the Kelvin Industrial Estate…
Scottish fashion brand companies plunged into liquidation The Scottish Sun Read the original article here
All staff has been made redundant (Image: Getty) One of the UK‘s largest manufacturers of battery storage systems has entered administration. GivEnergy Ltd appointed administrator Christopher Brooksbank of CB Business Recover on April 9 in the High Court Of Justice, Business and Property Courts in Leeds, according to the London Gazette, the UK’s official public…