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Another one of California’s largest cannabis operators plans to liquidate assets after mounting financial losses and operational challenges. Gold Flora
A firm linked to the ex-owner of the Crooked House pub, which was gutted by fire before being demolished illegally, has gone into liquidation with debts of £1.2m.
Himley Environmental Ltd (HEL), which owns the 15-hectare Oak Farm Quarry and Landfill site adjacent to the pub, which was reduced to a pile of bricks nearly two years ago, has been wound up voluntarily, Companies House stated.
In October, the Environment Agency (EA) obtained an injunction against the firm over a risk of pollution and to human health on the land, near Dudley.
George Adam Taylor was a director of HEL and a previous director of the firm that bought the pub from Marstons in July 2023.
When the starter raises the tape for the Grand National on Saturday afternoon, Frankie Dettori will be in the thick of the action out at the Dubai World Cup, including the world’s richest horse race which he won 25 years ago in a pulverising performance which remains that chase’s most unforgettable.
One tour operator has been promoting a drinks evening with him in Dubai this week as the headline attraction of a five-day trip based around the Meydan meet. The cost of that trip? A cool £2,000.
For his longevity, for his personality, for his extraordinary judgment of the pace of a race, everyone has wanted to hear Dettori and be in his company over the years.
At a recent dinner in central London, Mick Hucknall stood up and serenaded…
Bax Music – a large musical instrument retailer headquartered in the Netherlands and serving Europe – has been declared bankrupt by The Netherlands’ Zeeland-West-Brabant court, according to Dutch news outlet De Telegraaf.
The decision, made on Tuesday, 1 April, follows Bax’s request for a suspension of payments on its debt, which often comes as a precursor to bankruptcy.
Bax Music has reportedly struggled with debts in recent years, owing money to various creditors including the Dutch Tax Authority. Its financial woes were made worse by COVID-19, and then by a fire in 2023 which damaged a number of instruments at a facility in Goes in the southwestern Netherlands.
Despite the bankruptcy filing, however, one of the company’s…
Pars United achieved that goal thanks to the “magnificent efforts” of the black and white faithful and now the community interest company will go into voluntary liquidation.
It began on April 1, 2013 when supporters, including the Pars Supporters Trust, put up £100,000 to enable administrators to take over the financially-stricken club – the alternative was liquidation.
Dunfermline survived those dark days and exited administration later that year, going on to become a fan-owned club.
The present day chairman and CEO, David Cook, paid tribute and said: “I’d like to thank all that have invested and participated in the Pars United CIC organisation.
“It is in the process of being liquidated following the…
MinLaw data shows number of borrowers declared bankrupt rose by 12.4% to 1,232.
More than half of the bankruptcy applications in 2024 were made by the debtors themselves, according to the Ministry of Law (MinLaw).
This is the fifth consecutive year since 2020 that the number of self-filed applications was higher than the number of applications by creditors, based on figures the ministry provided to The Straits Times in response to queries.
MinLaw data showed that 2,928 bankruptcy applications were filed by debtors in 2024. That represents 59 per cent of all applications made that…
Another one of California’s largest cannabis operators plans to liquidate assets after mounting financial losses and operational challenges.
Gold Flora Corp., one of the state’s largest cannabis retail chains, is entering receivership after defaulting on a $11.5 million loan.
The company said in a press release its seeking court protection as a result of lawsuits related to its 2023 acquisition of TPCO Holdings, rising business expenses and high-yield debt.
“There’s a special level of M&A consolidation problems when you have a merger of equals. Most M&A deals fail in the first place, but especially these mergers of equals,” said Frank Colombo, managing director at Viridian, a New York-based,…
Bax Music, a renowned name in the music industry, was declared bankrupt on April 1, 2025, marking a significant downturn for the company that once thrived as a market leader in the Benelux region. Founded in 2003 by brothers Nathanael and Jochanan Bax, the company grew rapidly, becoming one of the largest online sellers of musical instruments and equipment in Europe, boasting six physical stores across the Netherlands and Belgium.
According to the Central Insolvency Register, the bankruptcy followed a request for suspension of payment made by the company at the end of the previous week, indicating financial distress that had been mounting over the years. The firm faced significant debt challenges, particularly due…
The woman sued Glitter, whose real name is Paul Gadd and is serving time in HM Prison Risley, following his 2015 conviction for abusing her when she was 12, as well as two other young people between 1975 and 1980.
The six-figure sum included £381,000 in lost earnings and £7,800 for future therapy and treatment.
A spokesman for Slater and Gordon, representing the woman, said: “We confirm that Gadd has been made bankrupt following our client’s application.
“As he has done throughout, Gadd has refused to cooperate with the process and continues to treat his victims with contempt.
“We hope and trust that the Parole Board will take his behaviour into account in any future parole applications, as it clearly…
The six-figure sum included payments for lost earnings and mental health treatment for the victim
15:04, 01 Apr 2025Updated 15:05, 01 Apr 2025
Convicted paedophile Gary Glitter pictured in 2015.(Image: Philip Toscano/PA Wire)
Convicted paedophile Gary Glitter has been made bankrupt after failing to pay £500,000 in damages to one of his victims.
Lawyers for the woman, who was just 12-years-old when she was sexually abused by the former pop star, said that the six-figure sum owed to their client included £381,000 in lost earnings and £7,800 for future therapy and treatment.
The victim sued Glitter following his 2015 conviction for sexually abusing her and two other schoolgirls.
The alleged abuse happened between 1975 and 1980, when Glitter -…
A high street fashion brand has gone bust after closing 35 stores earlier this month as staff are told they won’t get redundancy pay or wages.
It is understood that insolvency firm Moorfields has launched a wind down of the Select Fashion after a creditors’ meeting was held last Friday to approve a voluntary liquidation.
None of the 40 staff members at the affected stores will be given a redundancy package or will be paid for the time they worked before the stores closed, the Sun reports.
Employees at the remaining 48 shops have also reportedly been warned their wage payments will be delayed.
A number of employees have been advised to apply for support via the government’s Redundancy Payment Service (RPS).
Atlas 365 Group Ltd and Clyde Bars Ltd have hit financial trouble, both have a registered address at Dunnock Road in Dunfermline and both have Neville Taylor listed as sole director.
An investigation found that the disgraced businessman was in charge of more than 400 troubled firms, with 58 of them listed under his correspondence address on Dunnock Road.
Later in January it was confirmed that a sports facilities company, SF OPS Ltd, which had the same registered address in Dunfermline and Taylor as the remaining director, was going bust and liquidators were appointed.
