In Webb and another (as liquidators of Eversholt Rail (365) Limited (in liquidation)) v Eversholt Rail Limited and another [2026] EWHC 101 (Ch), the High Court dismissed the liquidators’ appeal against a decision not to allow their extensive application for the production of documents under s.235 and s.236 of the Insolvency Act 1986 (IA 1986).…
Strongly Believes that Structural Discount to Net Asset Value Due to Underperformance and Misalignment of External Manager and Common Shareholders Cannot be Repaired ADW Capital Analysis Supports Potential Valuation of $26.00 Per Share Via Liquidation MIAMI BEACH, Fla., Feb. 24, 2026 (GLOBE NEWSWIRE) — ADW Capital Management, LLC, which beneficially owns approximately 7.65% of the…
South African diamond company Ekapa Mining has filed for liquidation a week after five miners were trapped in a mudslide. The incident took place at the Ekapa mine in Kimberley, the capital of South Africa’s Northern Cape province, on February 17, when a sudden rush of water and mud quickly flooded part of the underground…
Introduction The English High Court has handed down two important decisions for insolvency practitioners looking to contractually limit their liability – as well as for shareholders looking to pursue a claim against an office-holder. The cases concern members’ voluntary liquidations (MVLs), which are a form of solvent liquidation but where the liquidation can be converted…
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…
The Great Freight Recession led to dozens of trucking, logistics, and shipping companies filing for Chapter 11 bankruptcy protection in 2025 to reorganize their businesses, restructure their debt obligations, and stay in business. Companies blamed reduced shipping demand, lower freight rates, and rising labor, fuel, and insurance costs for the decline in revenues and profits.…
Robert Gumede defends Vision Group amid Tongaat Hulett liquidation move MSN Read the original article here
KK Press enters liquidation, shutters Cosmopolitan Australia Mi-3.com.au Read the original article here
Thank you for reading this post, don’t forget to subscribe! The Supreme Court has ruled that lenders can start insolvency proceedings at the same time against both the main borrower and the corporate guarantor for the same loan under the IBC. The Court said there is no legal bar in the Code and each case…
New Delhi, Feb 26: The Supreme Court on Thursday said that simultaneous Corporate Insolvency Resolution Process (CIRP) proceedings are maintainable against both a principal debtor and its corporate guarantor for the same debt. A bench comprising justices Dipankar Datta and Augustine George Masih held that there is no statutory bar under the Insolvency and Bankruptcy…