'Collateral damage': Company sinks owing $825k after big customer folds – The Press
‘Collateral damage’: Company sinks owing $825k after big customer folds The Press Read the original article here
Sheffield Wednesday: Championship club set to be served winding-up petition
Wednesday are second bottom of the Championship with six points from nine games after a torrid period off the field, which has left them with a threadbare squad. The severity of the situation became apparent when May’s wages were not paid on time, in the wake of the same thing happening in March. With uncertainty…
Sheffield Wednesday: Championship club set to be served winding-up petition
Wednesday are second bottom of the Championship with six points from nine games after a torrid period off the field, which has left them with a threadbare squad. The severity of the situation became apparent when May’s wages were not paid on time, in the wake of the same thing happening in March. With uncertainty…
Inland Homes supply chain to receive payout as remaining assets liquidated and £113m debt pursued
After months chasing down debts and sifting through Inland Homes’ records and accounts, insolvency specialists FRP Advisory recently confirmed Inland Homes is being moved out of administration and into Creditors’ Voluntary Liquidation (CVL). FRP Advisory also said Inland Homes is still owed £113 million from an “intercompany debtor” and, while the sum remains outstanding, they expect to recoup an amount “higher than previously anticipated”, meaning there will likely be a distribution of profits to shareholders. “Due to the…
REVEALED: Latest business liquidations in Hume – Herald Sun
REVEALED: Latest business liquidations in Hume Herald Sun Read the original article here
No Cookies | Gold Coast Bulletin
To use this website, cookies must be enabled in your browser. 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 making requests to websites without cookies that had previously been set. This appears to be a…
Sustainable packaging startup Great Wrap collapses under $39m debt
Melbourne-based material science company Great Wrap has entered into voluntary administration with reported debts of $39 million, almost six years after the founders officially launched their direct-to-consumer brand in 2020, which resulted in 30,000 orders in the first month. Related Article Block Placeholder Article ID: 243047 Great Wrap co-founder and CEO Jordy Kay announced on…
Popular Sydney restaurant closes doors after entering into voluntary liquidation – Sky News Australia
Popular Sydney restaurant closes doors after entering into voluntary liquidation Sky News Australia Read the original article here
NCLAT Dismisses Appeal [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has held that unregistered documents, including a Memorandum of Deposit of Title Deeds (MoDT), cannot create a valid security interest to retain title deeds of a corporate debtor‘s property during liquidation proceedings. Mr. V. Jaisankar, the appellant, filed Company Appeal challenging the order of the National Company Law…
Claire’s goes into liquidation in Spain following its US parent’s bankruptcy
Published October 15, 2025 Accessories and jewellery chain Claire’s continues to scale back its international network. After filing for bankruptcy in the US this summer, Claire’s… Read the original article here