Australian-born footwear brand Wittner is the latest fashion business to fall into voluntary administration. Deloitte Turnaround & Restructuring partners Sal Algeri and David Orr have been appointed as administrators. The brand turns 113 this year. Algeri said trading will continue as normal as the administrators work towards a sale and/or recapitalisation of the Wittner business. …
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Nine brand new electric cars with a total value of between £278,000 and £520,000 have been dumped at the roadside in Nottingham after the Tesla-rivalling manufacturer went into liquidation last year. American EV brand Fisker filed for bankruptcy in June 2024 after months of rescue talks failed. The Fisker Group, which operates the EV arm…
An engineering firm based in Aberdeen has appointed liquidators with all jobs lost after 50 years in business. Liquidators MHA were appointed at Belmar Engineering based in West Tullos after an extraordinary resolution to wind up was lodged on Tuesday. STV News understands staff were informed of the news in a meeting on Tuesday morning…
David is an Associate in the Restructuring & Insolvency department, based in our Manchester office. David deals with all aspects of corporate insolvency, advising national and regional insolvency practitioners, company directors and creditors, on both non-contentious and contentious insolvency issues. After graduating from the University of Chester with an LLB in Law, David went on…
KUALA LUMPUR (April 16): Practice Note 17 (PN17) company Ivory Properties Group Bhd (KL:IVORY) has aborted its plan to dispose of a freehold land in Penang to Chin Hin Group Property Bhd (KL:CHINHIN). The decision to cancel the deal follows the creditors’ voluntary liquidation of its subsidiary, Ivory Gleneary Sdn Bhd (IGSB), noted Ivory Properties…
KUALA LUMPUR (April 16): Practice Note 17 (PN17) company Ivory Properties Group Bhd (KL:IVORY) has aborted its plan to dispose of a freehold land in Penang to Chin Hin Group Property Bhd (KL:CHINHIN). The decision to cancel the deal follows the creditors’ voluntary liquidation of its subsidiary, Ivory Gleneary Sdn Bhd (IGSB), noted Ivory Properties…
Clean beauty pioneer liquidating, no bankruptcy planned TheStreet Read the original article here
Nearly 50 jobs lost as Aberdeen engineering firm enters liquidation insider.co.uk Read the original article here
Corporate liquidations soared by 55% in the first quarter of 2025, while the number of company bankruptcies in Luxembourg remained unchanged, according to data released on Wednesday by the Ministry of Justice and Statec. A total of 301 businesses were declared bankrupt between January and March, compared to 300 during the same period in 2024.…