The figures show insolvency activity, which includes administration and voluntary and compulsory liquidations, decreasing by 9.9% across Yorkshire and the Humber in 2025. The fall was the second highest in the UK, with only Greater London, with an 11% drop, seeing a bigger reduction. Areas seeing a hike in insolvency activity included Northern Ireland and…
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E-mobility firm OX Delivers at risk of liquidation “unless a solution is found” Insider Media Ltd Read the original article here
Sydney Distilling Co, the boutique rum maker trading as Brix Distillers, has entered voluntary administration. RSM Australia has been appointed as the administrator to Australia’s first craft rum distillery. It said that all available options are being explored, including the sale of the business’s assets through a deed of company arrangement. The business, founded in…
Trilegal Advised RP On Corporate Insolvency Resolution Processes Of SevenHills Healthcare BW Legal World Read the original article here
The recently announced sale purchase agreement between Murray & Roberts and Webuild for the acquisition of Clough, has been terminated by mutual agreement between the parties. In the absence of the sale proceeding, the board of directors of Clough have decided to place Clough and its Australian subsidiaries into voluntary administration (VA) in order to…
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has held that a Corporate Insolvency Resolution Process (CIRP) application that is barred by limitation under Section 9 of the Insolvency and Bankruptcy Code, 2016, cannot be revived by the mere issuance of a demand notice under Section 8. The Appellate Tribunal has dismissed…
POP Canberra will remain open for the time being and continue to trade. Photo: POP Canberra, Facebook. One of Canberra’s most colourful start-up stores has entered voluntary administration. POP Canberra, located at 27 Lonsdale Street in Braddon, only opened during the COVID lockdown in 2020; however, it has strong ties to the city as a…
Media event date: 17 November 2025 Date published: 17 November 2025 SONYA FELDHOFF, HOST: It was back in July that we first heard that an organisation that South Australians hold extremely dear, Bedford, was in some very serious strife. They went into voluntary administration. Both the State Government and the Federal Government were involved in…