TOFS has gone into administration with Interpath, being appointed administrator of the Burnley-based discount retailer as of today. 1200 jobs thought to be at risk. Update 19th January 2026 TOFS has filed a second intention to appoint administrators. This is its last chance to find a buyer for the business. The moratorium lasts 10…
IBC has been a game-changer, transformed the insolvency landscape: DFS secretary MSN Read the original article here
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The corporate entity formerly known as Diginex, which last operated under the EQONEX brand, remains entangled in a multifaceted liquidation process. With its core operational business effectively dissolved, there is no traditional enterprise left to value. For remaining shareholders and creditors, the focus has narrowed exclusively to the specifics of the court-supervised administration and the…
A popular Bury St Edmunds restaurant remains open despite the company that owns it entering voluntary liquidation. Anjuna Restaurants Limited closed its Blue Fig restaurant at Market Hill, Woodbridge, at the end of last year, six months after it opened. The company also owns Blue Fig in Abbeygate Street, Bury, which opened in 2024, serving…
UK travel company closes down with all trips cancelled and no refunds worcesternews.co.uk Read the original article here
Corporate insolvencies set to rise again in 2026 as rate risks linger: Coface Insurance Business Read the original article here
SINGAPORE: Local eyecare brand Nanyang Optical will be appointing liquidators at a meeting on Feb 13, according to a notice filed in the government gazette. Published on Monday (Jan 26), the notice said the meeting of the creditors will be held at 2.30pm on Zoom, and those attending would receive a full statement of the…
UK businesses remained under intense financial pressure throughout 2025, with more than 28,000 insolvency-related activities recorded over the year, underlining the fragile state of the operating environment despite easing inflation. New figures from R3, the trade association for restructuring and insolvency professionals, show there were 28,616 corporate insolvency activities in 2025. While this was slightly…
The story of Canoo Inc. (GOEV) has reached its concluding phase. The electric vehicle startup is no longer an operating company but a collection of assets being sold off under court supervision. This shift into Chapter 7 liquidation, initiated in early 2025, marks the end of its ambitions as an automaker. For shareholders, the process…