The Scottish Institute based in Livingston has been placed in liquidation by an order passed at Livingston Sheriff Court on Thursday.

The court has appointed Katie McLachlan of Middlebrooks Business Recovery & Advice Limited as Interim Liquidator. This order was effective from 6 May 2025.

On 22 April a notice was posted on the London Gazette that a petition had been presented by Drillcycle Limited of Quality Street in Edinburgh on 28 March 2025 to wind up the company, The Scottish Institute of Theatre, Dance, Film and TV Limited. All interested parties were invited to oppose the petition and lodge answers within 8 days – by 29 April.

it is unclear whether there is only one creditor which has caused the appointment of a…

In very late 2024, Florida-based regional airline Silver Airways filed for Chapter 11 bankruptcy protection. Executives at the airline insisted that this would be a quick restructuring, and that the company would emerge stronger than ever before in the first quarter of 2025. That’s not exactly how things are playing out. However, the airline also isn’t liquidating as quickly as many of us were anticipating.

Silver Airways is approaching Chapter 7 liquidation

In mid-April, the United States trustee overseeing Silver Airways’ Chapter 11 bankruptcy process requested dismissal of the case, “because there is a substantial and continuing loss to the estate shown by the Debtors’ net negative profits and negative cash…

But he will still appear on the WA Senate ballot paper, as electoral laws do not allow the commission to reject a fully completed nomination “regardless of whether any answer to a question of the qualification checklist is incorrect, false or inadequate”.

England’s 2003 Rugby World Cup-winning hero Lawrence Dallaglio is reportedly facing financial ruin. The 52-year-old former back-row player is in the midst of a bitter divorce battle with estranged wife Allison, whom he married in 2005.

Dallaglio is considered one of the greats of English rugby, having captained his country and won 85 caps. He also toured with the British Lions in 1997, 2001, and 2005 and is considered an icon at Wasps, where he spent his entire 18-year club career. However, he’s now said to be on the verge of being declared bankrupt.

According to The Sun, his ex-partner has filed for a bankruptcy application against the star and his firm, Lawrence Dallaglio Limited. The company, which was founded in 1997, is already…

The pair lost a defamation case initiated by Bicton Veterinary Clinic owner Kay McIntosh and her husband Andrew over comments Peterson made in a video she shared to social media.

WA Supreme Court Chief Justice Peter Quinlan found Peterson and Higgs published defamatory claims and were ordered to pay $280,000 in damages.

Dr McIntosh won bankruptcy orders against them last month.

According to The West Australian, Ms Peterson and Mr Higgs were bankrupted based on $172,911 found owing to Dr McIntosh.

Peterson said in a video posted to social media they were officially bankrupt and their…

Vedanta Resources Ltd.’s Zambian copper mining unit has hired Rand Merchant Bank to help raise as much as $1 billion in debt financing for the expansion of its operations in the country.

The unit of Vedanta — owned by Indian billionaire Anil Agarwal — has tasked RMB with tapping lenders to fund investment at Konkola Copper Mines, according to people familiar with the matter. The debt-funding plans are at an early stage, the people said, asking not to be named discussing a private matter.

Vedanta regained control of 80% of KCM 10 months ago after resolving a long-running dispute with the Zambian government, partly by pledging to invest $1 billion in the operations. The company said it’s already invested $330 million since retaking…

Andrea Pirlo had to block his son’s ban account in 2022, as the then teenager amassed gambling debts of €30k in illegal online scheme.

Dan Davies, the owner of Rock Point Leisure Limited, said despite the court appearance, there will be no liquidation or winding up of the business

The firm that helped turn a street in a Wirral seaside resort from derelict shops into a bustling hub is currently facing legal action by HMRC. A representative for Rock Point Leisure Limited appeared at the High Court in London this week following a winding up petition filed by HMRC in December last year.

A winding up petition is legal action taken by someone or an organisation against a company that owes them money. The court hearing was held on Wednesday, May 7, the same day another hearing…