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Hong Kong and mainland China are set to see more corporate restructuring and liquidation in commercial real estate, restaurants and retail shops in 2026 due to the weak economy and changes in consumer behaviour, according to veteran liquidator Derek Lai Kar-yan. The challenging economic environment, however, provides opportunities for experts like Lai, 60, who is…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
Secrets Shhh Enters Voluntary Administration Amid Retail Headwinds jewelleryworld.net.au Read the original article here
The Herald can reveal Duncan Raggett and David McGinness of accountancy firm and restructuring specialist AAB were appointed joint provisional liquidators on November 21. The liquidators made no comment when asked how many people were employed by the firm at the time of the appointment. Unabridged accounts filed by Dog Consultancy at Companies House show…
SERI KEMBANGAN: Country Heights Holdings Bhd will lodge reports with the police and the Malaysian Anti-Corruption Commission (MACC) over the liquidation of Mines Waterfront Business Park, which is under Baker Tilly Insolvency PLT’s administration, said founder Tan Sri Lee Kim Yew. He said the matter was raised by shareholders during the annual general meeting and…
In a recent case, the High Court has provided important clarification on the treatment of retention monies, reinforcing the statutory trust obligations under the Construction Contracts Act 2002 (CCA). Retention monies under the CCA are trust property. In Burt v Grant [2025] NZHC 2486, the High Court has held that as a consequence, retention monies…
Inland Revenue made applications to wind up more than 120 business in November. Photo: RNZ Inland Revenue made applications to wind up more than 120 business in November, as it draws to the end of a year in which it moved to liquidate almost 900 businesses with tax owing. Keaton Pronk, an insolvency practitioner at…