Investors with money tied up in the imploded real estate investment company LeFever Mattson have overwhelmingly approved the liquidation plan presented in its Chapter 11 bankruptcy case, even as several parties have filed objections aimed at stopping the plan from moving forward. The ballot results, and a hardening standoff with a splinter group of investors,…
Impex Ferro Tech Invites Resolution Plans Under Insolvency Process TipRanks Read the original article here
His clients include companies in financial difficulties, their directors and shareholders, insolvency practitioners appointed over such companies, lenders to and other major creditors of troubled entities, investors interested in a “loan-to-own” strategy and buyers of businesses where there is an insolvency aspect both domestically or internationally. Paul has acted for clients across a range of…
Simon acts for troubled companies and their directors and shareholders, for individuals in financial difficulty, and for the major financial creditors of such entities or individuals. His clients also include distressed debt investors, insolvency officeholders and a variety of other parties with an interest, or potential interest, in a troubled company’s business. Simon was the…
Targa Florio Cars director William Kirkham has told the BBC that the supercar dealer is ‘entering liquidation’ and he is ‘filing for bankruptcy’. According to reports, at least some of the customers have received settlements from Kirkham for their missing cars. In a story published by BBC Sussex, three customers told how they had given…
Shyam Metalics Clears Dubai Subsidiary Liquidation and Greenlights Major Capacity Expansion TipRanks Read the original article here
Clancy v ASIC [2025] FCA 220 The decision in Clancy v Australian Securities and Investments Commission serves as a useful and practical reminder of the legal principles that govern applications to reinstate a company under section 601AH of the Corporations Act 2001 (Cth). The case underscores several key points relevant to both corporate officers and…
The Dubai Commercial Court has ordered the dissolution and liquidation of a land transport company after finding that its capital had been fully eroded and its liabilities had surged to nearly Dh34 million, leaving it unable to continue operations. The ruling followed a lawsuit filed by one of the company’s partners, who argued that mounting…
Adelaide accountant buys back firm after $1.5m collapse adelaidenow.com.au Read the original article here
Thank you for reading this post, don’t forget to subscribe! Supreme Court sought responses from Centre, Telangana, CBI, ED and SFIO on a plea seeking independent probe into alleged multi-crore corporate fraud involving collusion with authorities and a figure. The bench issued notices to Union ministries after hearing submissions. NEW DELHI: The Supreme Court requested…