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Brittany Higgins likely to face bankruptcyLinda Reynolds escalates bankruptcy claim By NICHOLAS WILSON, NEWS REPORTER, AUSTRALIA Published: 09:33 AEDT, 11 November
YB Sushi makes sushi products fresh in-store for 51 New World and Pak’nSave stores in the North Island, according to its website.
Two of the companies being pursued by Inland Revenue – YB PNS Kapiti Ltd and YB NW Matamata Ltd – are overdue in their tax obligations.
“If the annual return is not filed immediately the Registrar will initiate action to remove the company from the register,” a notice on the Companies Office says.
The Herald has contacted Hwang and Foodstuffs for comment.
The application is set to be heard in the Auckland High Court on November 27.
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After US citizens get $2,000 “dividend” checks from higher tariff proceeds paid to the US government, the rest of the “massive” tariff income will be used to “substantially” pay down the national debt, US President Donald Trump said on his social media website Monday.
“All money left over from the $2000 payments made to low and middle income USA Citizens, from the massive Tariff Income pouring into our Country from foreign countries, which will be substantial, will be used to SUBSTANTIALLY PAY DOWN NATIONAL DEBT,” Trump wrote on the Truth Social platform, which he owns.
Trump has proposed providing $2,000 to most Americans, financed through higher tariff revenues generated under his…
Brittany Higgins will likely be declared bankrupt in the Federal Court on Tuesday, after being forced to pay former senator Linda Reynolds over $1 million following defamation action.
Reynolds filed a creditors petition against Higgins according to a report in The Australian, which will ask Judge Craig Colvin for a sequestration order that allows a trustee to control Higgins’ financial affairs.
The order would make Higgins financials more transparent, including the monies she received from her $2.4 million compensation payout by the Commonwealth in 2022.
SINGAPORE – Embattled entertainment group mm2 Asia is seeking a court moratorium that could prohibit winding-up resolutions from being passed for a four-month period, as it pursues a restructuring exercise involving a proposed scheme of arrangement with creditors.
In a bourse filing on Nov 10, mm2 Asia said it applied to the High Court of Singapore for a moratorium pursuant to the Insolvency, Restructuring and Dissolution Act. Earlier in the day, it announced that it had received a
$74.6 million payment demand from UOB
.
The latest move comes as mm2 Asia attempts to reorganise its business and financial affairs, having received payment demands for millions of dollars from landlords of outlets of its failed cinema chain Cathay Cineplexes…
Brittany Higgins may be declared bankrupt in the Federal Court today, just weeks after she dropped her appeal against former Liberal Senator Linda Reynold’s defamation win.
Reynolds has applied for a creditors petition against Higgins in a dramatic escalation of her bankruptcy proceedings against her former staffer.
Reynolds’s legal team also reportedly plans to ask the court for a sequestration order allowing a trustee in…
Sonder Holdings Inc. (NASDAQ: SOND), once a promising player in the flexible living and hospitality sector, saw its shares plummet by over 60% today, November 10, 2025, following the devastating announcement that the company will immediately wind down operations and initiate a Chapter 7 liquidation of its U.S. business. This abrupt decision sends shockwaves through the market, signaling the complete collapse of a venture that aimed to redefine urban accommodations. The company also disclosed plans to commence insolvency proceedings in its international operating regions.
The dramatic fall comes on the heels of Sonder’s failure to secure crucial additional liquidity or a viable sale that could sustain its operations. A…