BIL Vyapar Limited Committee of Creditors Approves Resolution Plan Documents and CIRP Cost Ratification scanx.trade Read the original article here
35-year-old NASCAR clothing partner files Chapter 7 bankruptcy thestreet.com Read the original article here
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Sofa Point UK Ltd in Birmingham aimed to “supply high quality traditional and contemporary sofas direct to the public at the lowest possible prices,” according to its website which is currently unavailable. A notice regarding the company’s trading update was published on The Gazette yesterday (March 25), the UK’s oldest official public record that notes important legal,…
A UK holiday company has plunged into liquidation amid debts of almost £1 million, leaving all trips cancelled. Gold Crest Holidays, a family-owned coach tour operator based in Ilkley, West Yorkshire, began operations in 1988. The company specialised in coach packages to destinations including Disneyland Paris, European city breaks, and UK sporting events. On March…
TRUST INVENTORY LTD, which operates from the Collar Factory in town, is currently subject to a winding-up order petition, a formal application which has been made to the court asking for it to be wound up and placed into compulsory liquidation. READ MORE: Established Somerset company enters administration after 24 years READ MORE: Taunton Town…
LuisaViaRoma Pursues Bankruptcy Proceedings to Sidestep Liquidation Modaes Read the original article here
The owner of Café Neuk Limited, in the Aberdeenshire harbour town, moved to appoint a liquidator on March 23. The company passed a resolution “that it has been proved to the satisfaction of the meeting that the company cannot by reason of its liabilities continue its business and that it is advisable to wind up…
Employees of Italian retailer LuisaViaRoma have gone on strike in Florence today, after union representatives announced that liquidation proceedings were being pursued by the company. As reported by La Nazione, the Italian court’s protective measures under the negotiated crisis settlement procedure expired. LuisaViaRoma has announced it will apply for a preliminary liquidation agreement to obtain…
In the austere quiet of a Delaware courtroom, a financial paradox has unfolded that defies the standard laws of corporate insolvency. Apple Tree Partners, a venture capital titan managing assets estimated between $1 billion (approximately KES 130 billion) and $10 billion (approximately KES 1.3 trillion), filed for voluntary Chapter 11 bankruptcy late last year. The…