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This article was co-authored by Kylie Shaw. Why this matters Australia’s small business restructuring (SBR) regime was introduced on 1 January 2021 to give financially distressed small companies a faster, cheaper alternative to voluntary administration, and, crucially, to let directors stay in control while a registered liquidator (the “restructuring practitioner”) supervises the process. ASIC’s first…
Manchester Pride has been put into voluntary liquidation and is being assessed by the charities regulator, with the future of the event in doubt. Artists, suppliers and freelancers have been left unpaid, some of them owed thousands, the performers’ and creatives’ union Equity said. After nearly a week of speculation and a period of financial…
Manchester Pride, the annual festival that brought hundreds of thousands of visitors, and hundreds of millions of pounds, to the city’s streets each year, has started the process of voluntary liquidation. Reports emerged last week that the event was facing financial difficulties, with performers from last year’s event still unpaid and fundraising efforts falling short.…
Manchester Pride has begun the process of voluntary liquidation, though Manchester City Council has confirmed the festival will return in August 2026. The festival’s Board of Trustees said the decision came with “enormous sadness” after rising costs, declining ticket sales, and this year’s “ambitious” refresh, which included a new stage area outside the Gay Village,…
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The council said the event had become ‘unsustainable’ Manchester Council has responded to the news that Manchester Pride has entered liquidation(Image: Manchester Evening News) Manchester Council has issued a statement after it was announced that Manchester Pride has started the legal process of voluntary liquidation – and has said the next event will still take…