Cycling clothing company CHPT3 has entered liquidation and immediately ceased trading.
The firm, founded by ex-pro David Millar, recently shared a short statement via its website confirming the company’s situation.














A crumbling South Island estate that had a starring role in a Hollywood blockbuster and was at the centre of abuse allegations has hit the market as a liquidation sale.
Campbell Park Estate, in Otago, is being sold by the liquidators of a company linked to one of the directors of the failed Mainzeal company.
The 79ha property is about the size of a small town and comes with a gothic-style castle, 32 homes, stables, an old jailhouse, a gymnasium, and an underground cave.
It memorably featured in the 2005 hit fantasy film The Lion, the Witch and the Wardrobe and has hit the headlines in recent years over allegations of abuse at a school run on the estate.
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Cycling clothing company CHPT3 has entered liquidation and immediately ceased trading.
The firm, founded by ex-pro David Millar, recently shared a short statement via its website confirming the company’s situation.
“The directors of CHPT3 Limited have instructed Wilson Field Limited to assist in the formalities of a Creditors Voluntary Liquidation,” the statement read. “The Company has now ceased to trade. Creditors will be contacted by Wilson Field Limited in due course.”
News of the firm’s collapse further underlines the turbulant nature of the wider cycling industry.
Just three weeks ago, staff at British retailer i-ride and its bike brand Orro were made redundant, with the parent company of both, the Martlett Group,…
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Medical Kiwi owes nearly $9m as liquidation looms The Press
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‘Unrelenting’: Liquidation numbers likely to keep climbing The Press
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The NCLT Hyderabad bench of Sri Rajeev Bhardwaj (Judicial Member) and Sri Sanjay Puri (Technical Member) has affirmed that the decision to consolidate, or not, rests with the CoCs, who are not only better equipped to make such determinations but also have a vested interest in the outcome, and whose commercial wisdom is paramount in insolvency matters and beyond judicial review
Brief Facts
This application has been filed by the suspended director of M/s. Manjeera Retail Holdings Private Limited (MRHPL), which, along with its holding company, Manjeera Constructions Limited (MCL), is undergoing Corporate Insolvency Resolution Process (CIRP).
Both Corporate Debtors were admitted into CIRP by this Authority on 18.07.2023,…
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SCOTTSDALE, Ariz., Dec. 2, 2024 /PRNewswire/ — As the year-end approaches, Grasons, a leader in estate sale and business liquidation services and member of Evive Brands, highlights the important role of estate sales in helping individuals and businesses close one chapter and prepare for the next. From personal estate transitions to business liquidations, Grasons offers comprehensive solutions to meet diverse needs, including a recent high-profile liquidation for an antique business in Brunswick, OH.
Estate sales provide a valuable service for individuals preparing a home for sale, managing an estate, or…
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Telecompaper
We have been keeping professionals in the telecoms industry up-to-date since 2000. Telecompaper is a well respected, independent research and publishing company focussed on the telecommunications industry.
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IBC Weekly Round-Up [25th November To 1st December, 2024] Live Law – Indian Legal News
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In other relief measures, eight state-run banks and financial institutions have restructured 94 billion baht in debt owed by 740,000 flood-hit borrowers.
– The GSB has introduced a debt moratorium for small borrowers and SMEs while lowering interest rates.
– The Bank for Agriculture and Agricultural Cooperatives has extended repayment periods, suspended repayments for farmers, and exempted them from penalty interest.
– The Export-Import Bank of Thailand has rolled over loans for exporters and importers.
– The SME Bank has suspended repayments and approved emergency loans to rehabilitate flood-affected businesses.
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Posted by Abdirisaq Shino
Somalia has finalized a debt relief agreement with France totaling $145.6 million, marking another significant milestone in the country’s economic recovery efforts.


Somalia’s Finance Minister Bihi Iman Ege signed the agreement with French Ambassador Arnaud Suquet, building on recent debt relief successes.
Last month, Somalia achieved notable debt relief agreements with key international partners, including the United States, which held the largest portion of the country’s debt, as well as Japan and Denmark. The latest French agreement further solidifies Somalia’s progress in economic rehabilitation.
The debt relief comes after Somalia’s successful completion of the Heavily…