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The tension between a real estate developer’s plea to save a project and a lender’s right to recover dues has been a recurring theme in Indian courts. On Thursday, the Supreme Court in a judgement clarified that when a real estate project faces insolvency, the stage of completion of a project cannot be a ground…
Scafell Hotel A once popular and long established Lake District hotel has been placed in creditors’ voluntary liquidation. Joint liquidators have been appointed to handle the affairs of the Scafell Hotel Ltd at Rosthwaite in Borrowdale. According to a notice in the London Gazette Daryl Warwick and Ed Connell, both of Armstrong Watson, James Watson…
Bega Valley earthworks company in liquidation, but staff receive a lifeline Bega District News Read the original article here
Francesca’s, the Houston-based women’s boutique and shopping mall staple, is preparing to close all its stores nationwide after more than 25 years in business. The company, which has five stores in Austin and four in San Antonio, is winding down operations and liquidating inventory across its 457 locations, Women’s Wear Daily reported. Francesca’s has not made…
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Parent company of Kentucky Owl bourbon files for bankruptcy, moves to liquidation WDRB Read the original article here
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REVEALED: Latest business liquidations in Monash Herald Sun Read the original article here
Houston-based Francesca’s will close all US stores, liquidate inventory, report says San Antonio Express-News Read the original article here