Facts Mrs F stated that as a former employee of Group X, she held a PERCOL that had been opened with account keeper A. She explained that she had left Group X to set up her own company, SAS Y. However, some time after it was created, SAS Y ran into financial difficulties and, in…
Voluntary Liquidation of Solvent LLCs in the UAE: A Shareholder’s Guide Lexology Read the original article here
REVEALED: Liquidator appointments for businesses in the Brisbane council area for September 26 The Courier Mail Read the original article here
Paris – The Paris Commercial Court kept the French subsidiary of low-cost jewellery retailer Claire’s in receivership on Thursday. This decision followed the submission of a takeover bid from three companies, which was deemed “very minimalist” by lawyers for the staff representatives. The court opened receivership proceedings for Claire’s France at the end of July.…
The Uganda-based Madhvani Group’s firm, Independent Sugar Corporation Limited (INSCO), has assumed full control of the debt-ridden Hindustan National Glass & Industries Limited’s (HNGIL) through the Insolvency and Bankruptcy Code process on Friday. The acquisition was led by industrialists, Kamlesh Madhvani and Shrai Madhvani, with financial support from Cerberus Capital Management and the International Finance…
As published in Business plus, May 2025. At RSM Ireland, there is a growing shift from traditional insolvency work to proactive, tailored advisory solutions that focus on making businesses future-fit, according to Paddy O’Connell, Restructuring Advisory Partner at the firm. Historically, restructuring assignments focused on formal insolvency, especially in distressed industries such as retail,…
INSCO completes acquisition of HNGIL under IBC process MSN Read the original article here
INSCO completes acquisition of HNGIL under IBC process MSN Read the original article here
By Rukayat Moisemhe A robust and responsive insolvency ecosystem requires incorporating all stakeholders and will improve Nigeria’s corporate rescue framework and support business recovery and commercial justice. Judges and insolvency experts made the assertion at the 2025 Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) Conference…
REVEALED: Latest business liquidations in Latrobe (VIC) Herald Sun Read the original article here