Aussie brides await delivery of gowns as luxury bridal brand enters administration The Senior
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Insolvency-related activity drops in South East portsmouth.co.uk
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Aussie brides await delivery of gowns as luxury bridal brand enters administration The North West Star
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A former St Helens pub owner who failed to disclose his bankruptcy when he applied for Covid support funds has been handed a suspended prison sentence. Gary Wright did not inform the bank that he was bankrupt when he obtained a £25,000 Bounce Back Loan in the summer of 2020.
The 46-year-old made the application on behalf of the Talbot Ale House on Duke Street in St Helens town centre, the pub he ran before his bankruptcy earlier that year.
Wright, of Bleak Hill Road, St Helens, was sentenced to two years in prison, suspended for two years, at Liverpool Crown Court on Thursday, April 24.
He was also ordered to complete 150 hours of unpaid work and pay £1,500 in costs.
The Bounce Back Loan was repaid in full shortly…
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Brussels-based outlet retailer Cameleon has been declared bankrupt, after more than thirty years in business. 46 employees will lose their jobs.
No surprise
The commercial court of Brussels has ended Cameleon’s protection against creditors and declared bankruptcy on 2 May, Belgian newspaper L’Echo reports. The news does not come as a big surprise: Cameleon had been in a judicial reorganisation procedure since February – and not for the first time.
Its parent company Rengo was struggling with heavy losses and cash problems, due to…
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Seven red flags to spot a scammer posing as a debt relief ‘counsellor’ Primedia Plus
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Siewert & Kau, a well-known IT distributor based in Bergheim, has filed for insolvency proceedings at the Cologne District Court, marking a significant development for one of Germany’s largest medium-sized IT retailers. The company, which has been in operation for over 30 years, employs around 400 people across several European locations, including Germany, Spain, and the Netherlands.
As of Monday, May 5, 2025, insolvency administrator Marion Rodine and her team have been on site to stabilize business operations. Their primary goal is to secure purchasing and delivery capabilities for outstanding orders in the upcoming months, ensuring that the company can continue to serve its customers effectively.
In recent weeks,…
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Navigating Financial Pressures: Aryza’s Insights on Q1 2025 Insolvency and Lending Trends ACCESS Newswire
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Leaving Dentons
Beijing Dacheng Law Offices, LLP (“大成”) is an independent law firm, and not a member or affiliate of Dentons. 大成 is a partnership law firm organized under the laws of the People’s Republic of China, and is Dentons’ Preferred Law Firm in China, with offices in more than 40 locations throughout China. Dentons Group (a Swiss Verein) (“Dentons”) is a separate international law firm with members and affiliates in more than 160 locations around the world, including Hong Kong SAR, China. For more information, please see dacheng.com/legal-notices or dentons.com/legal-notices.
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Reference #18.d1672817.1746696605.a133f1f7
https://errors.edgesuite.net/18.d1672817.1746696605.a133f1f7
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The National Company Law Appellate Tribunal (NCLAT) New Delhi bench of Justice Ashok Bhushan (Judicial Member) and Mr. Barun Mitra (Technical Member) has held that there is no provision in the Insolvency and Bankruptcy Code, 2016 (Code), that mandates the valuation report to be shared with the suspended management of the Corporate Debtor. Therefore, the Resolution Professional cannot be faulted for not providing the report.
Brief Facts:
M/s Medirad Tech India Ltd. (Corporate Debtor) was admitted into the Corporate Insolvency Resolution Process (CIRP) on 08.12.2021 following the admission of a Section 7 application filed by M/s India SME Assets Reconstruction Company Ltd. (ISARC). Upon initiation of CIRP, the Interim…
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