Eleven firms in the ISG family – including the UK holding company – entered liquidation rather than appointing administrators, Construction News can reveal. In September, accountancy firm EY was appointed as the administrator for eight of ISG’s most well-known companies after the £2.2bn-turnover firm’s collapse that month. New analysis by CN shows that during the two…
An Actura tour photo posted on the official Merici College Facebook page in July 2023, accompanied by a post that read: “Our NASA Junior Space school update: Day 2 – morning at the hotel for Opening Ceremony”. Parents of Merici College Canberra students left out of pocket by the sudden liquidation of an educational tour…
More firms opt for voluntary liquidation, bankruptcy Business Daily Read the original article here
China’s shadow banking and trust industry, once a pillar of high returns for wealthy investors, is now in crisis due to the property market collapse. The government is letting investors bear the losses, signalling a new era of financial discipline, but at the cost of undermining confidence in the system. The Zhongrong International Trust Co,…
Gothenburg, Sweden – The Board of Directors of LIDDS AB (publ) has resolved to prepare a control balance sheet for liquidation purposes. The decision has been made due to reasons to believe that the Company’s equity is less than one-half of the registered share capital. Due to the Company’s decision to write-down intangible assets and…
The Fox Friday Group has entered voluntary administration after its primary lender collapsed. The hospitality group has struggled to find a new lender or equity partner in time to avoid voluntary administration. Fox Friday has been a rising star in Australia’s craft beer scene since 2019 and is known for its hazy and American-style beers.…
Belmar Engineering, which was formed in 1975, has ceased trading after coming under pressure from increased competition, losses over recent years, and falling orders. Efforts had been made to sell the business, in whole or in part, before the decision to permanently close was taken as the “final option”. It meant the immediate loss of all 48…
By Laura Box, Hospitality magazine The Fox Friday Group has entered voluntary administration after its primary lender collapsed. The hospitality group has struggled to find a new lender or equity partner in time to avoid voluntary administration. Fox Friday has been a rising star in Australia’s craft beer scene since 2019 and is known for…
Gautam Adani, Anil Aggarwal, Baba Ramdev in race to buy insolvent company named as…, it deals in hotels, cement and… MSN Read the original article here
By Alex Wittenberg · April 21, 2025, 12:01 PM EDT A Delaware bankruptcy judge on Monday confirmed solar energy producer Oya Renewables’ bid to liquidate through Chapter 11 under a plan supported by creditors, months after the company sold most of… To view the full article, register now. Read the original article here