Insolvency Guardian Media Centre

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A CONCRETER claims he is owed $41,000 by a Gold Coast shed building business that has gone into liquidation twice.
Stuart McDonald (37), of Dyce, Aberdeen, was the solely appointed director of Northern Motors (Aberdeen) Limited from September 2013 having
Sub: Supervision of the Resolution PlanThis is in continuation of our earlier intimation dated 05th February 2019 regarding resolution plan
Stuart McDonald (37), of Dyce, Aberdeen, was the solely appointed director of Northern Motors (Aberdeen) Limited from September 2013 having
CHARLOTTE, N.C.--(BUSINESS WIRE)--EnPro Industries, Inc. (NYSE: NPO) today announced its financial results for the three-month and twelve-month periods ended December
Disclosure of Updated List of Creditors of SRS Limited displayed under Regulation 13(2)(c) of IBBI (Insolvency Resolution Process for Corporate
A Vancouver man is accused of stealing about $65,000 from multiple local construction companies and people in the industry to
ClusterVision, European HPC specialists that have built and installed over 20 Top500-ranked systems in their nearly 17-year history, appear to
ROCKFORD, Ill., Feb. 13, 2019 /PRNewswire/ -- Harvard Illinois Bancorp, Inc. (OTC Market- Other: HARI) (the "Company") announced today its
The prime minister and Indigenous affairs minister have released their official response to the latest Closing the Gap report: Australias
New England Motor Freight, the 19th-largest less-than-truckload (LTL) trucking company in the US, filed for bankruptcy protection on Monday. Several
A CONCRETER claims he is owed $41,000 by a Gold Coast shed building business that has gone into liquidation twice.

A CONCRETER claims he is owed $41,000 by a Gold Coast shed building business that has gone into liquidation twice.

Redland tradie Jason Quick says he is still chasing payment for dozens of slabs he put down for the Jacobs Well firm, Queensland Shed Market.

Mr Quick had been working for the company for four months in May 2018, laying slabs for the sheds in the Gold Coast, Logan and Beaudesert region.

“I did about 15-20 jobs all up and then all of a sudden we stopped hearing back,” Mr Quick said.

After non-payment of his invoices in October, Mr Quick said he tried to contact the company and was promised payment if he continued his work.

“When I realised I was not going to get paid I went straight to the owners of all the …

Read the full article at: https://www.themorningbulletin.com.au/news/twice-liquidated-shed-company-still-operating/3647323/

Stuart McDonald (37), of Dyce, Aberdeen, was the solely appointed director of Northern Motors (Aberdeen) Limited from September 2013 having first been appointed a joint director in June 2007.

Incorporated in 2006, Northern Motors traded as a car dealership in Dyce, Aberdeen while also offering repair and maintenance services.

But 10 years later, Northern Motors ceased to trade in August 2016 shortly after an Enforcement Order was granted to Aberdeen Trading Standards (ATS) against the company in connection with several breaches of the Enterprise Act 2002.

The Enforcement Order required Stuart McDonald to stop acting against the interest of customers and was granted in connection with complaints about Northern Motors received by Aberd…

Read the full article at: https://www.gov.uk/government/news/aberdeen-car-dealer-banned-for-seven-years

Sub: Supervision of the Resolution Plan

This is in continuation of our earlier intimation dated 05th February 2019 regarding resolution plan which was approved by NCLT, Chennai vide its order dated 01st February 2019 under the Provisions of IBC, 2016.

Pursuant to the Resolution Plan a Monitoring Committee has been formed with the following members / representatives:
Mr. Radhakrishnan Dharmarajan
Mr. Spurgen David – Representative from SBI
Mr. Nagabhusanam – Representative from IDBI
Mr. M. Sridhar and Ms. S. Hemalatha – Representatives from Corporate Debtor

Pdf Link:
Bafna Pharmaceuticals Ltd. – Corporate Insolvency Resolution Process (CIRP)-Updates – Corporate Insolvency Resolution Process (CIRP)

Source : BSE – www.bseindia.com

Read the full article at: https://www.thehindubusinessline.com/companies/announcements/others/bafna-pharmaceuticals-ltd-corporate-insolvency-resolution-process-cirp-updates-corporate-insolvency-resolution-process-cirp/article26268367.ece

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Stuart McDonald (37), of Dyce, Aberdeen, was the solely appointed director of Northern Motors (Aberdeen) Limited from September 2013 having first been appointed a joint director in June 2007.

Incorporated in 2006, Northern Motors traded as a car dealership in Dyce, Aberdeen while also offering repair and maintenance services.

But 10 years later, Northern Motors ceased to trade in August 2016 shortly after an Enforcement Order was granted to Aberdeen Trading Standards (ATS) against the company in connection with several breaches of the Enterprise Act 2002.

The Enforcement Order required Stuart McDonald to stop acting against the interest of customers and was granted in connection with complaints about Northern Motors received b…

Read the full article at: https://www.miragenews.com/aberdeen-car-dealer-banned-for-seven-years/

CHARLOTTE, N.C.–()–EnPro Industries, Inc. (NYSE: NPO) today announced its financial results
for the three-month and twelve-month periods ended December 31, 2018.

Consolidated and Pro Forma Financial Highlights

(Amounts in millions except per share data and percentages)

Results for the Quarter Ended

December 31

Consolidated 1

Read the full article at: https://www.businesswire.com/news/home/20190213005856/en/EnPro-Industries-Reports-Results-Fourth-Quarter-Full

Disclosure of Updated List of Creditors of SRS Limited displayed under Regulation 13(2)(c) of IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 pursuant to Regulation 30 read with Clause 16(e) of Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Pdf Link:
SRS LTD. – Corporate Insolvency Resolution Process (CIRP)-List of Creditors

Source : BSE – www.bseindia.com

Read the full article at: https://www.thehindubusinessline.com/companies/announcements/others/srs-ltd-corporate-insolvency-resolution-process-cirp-list-of-creditors/article26256186.ece

A Vancouver man is accused of stealing about $65,000 from multiple local construction companies and people in the industry to help pay off more than $200,000 in gambling debts.

Travis W. Saban, 45, appeared Wednesday in Clark County Superior Court on suspicion of first-degree theft. Judge Scott Collier granted Saban supervised release; he will be arraigned Feb. 26.

On Dec. 13, 2018, Scott Aldinger, owner of Precision Construction Services Inc., contacted the Vancouver Police Department to report that Saban, an employee and project manager, had been stealing from the company and many other people in Clark Countys construction industry, according to an affidavit of probable cause.

Saban placed …

Read the full article at: https://www.columbian.com/news/2019/feb/13/vancouver-man-accused-stealing-65000-effort-pay-200000-gambling-debt/

ClusterVision, European HPC specialists that have built and installed over 20 Top500-ranked systems in their nearly 17-year history, appear to be in the midst of bankruptcy proceedings. According to Dutch news site Drimble, three companies doing business as ClusterVision have been declared insolvent in the Netherlands, where ClusterVision is headquartered.

The notice reports that Clustervision BV, Clustervision Holding BV and Mpci Group were all declared bankrupt on February 12, 2019. Weve reached out to ClusterVision for comment have not yet received a response at time of publishing. We expect to have updates as the story develops.

Founded in 2002 by Alex Ninaber (the companys CEO), Matthijs van Leeuwen and Arijan Sauer, ClusterVision …

Read the full article at: https://www.hpcwire.com/2019/02/13/clustervision-in-bankruptcy/

ROCKFORD, Ill., Feb. 13, 2019 /PRNewswire/ — Harvard Illinois Bancorp, Inc. (OTC Market- Other: HARI) (the “Company”) announced today its audited statement of net assets in liquidation, as of December 31, 2018, and its audited statement of changes in net assets in liquidation for the year then ended. In addition, the Company announced today that its Board of Directors has declared a liquidating cash distribution of $3 million.

Audited Statements of Net Assets in Liquidation and Changes in Net Assets in Liquidation.
At December 31, 2018, the Company reported audited total assets in liquidation, total liabilities in liquidation, and net assets in liquidation of $14.4 million, $560 thousand and $13.8 million, respectively. As…

Read the full article at: https://www.prnewswire.com/news-releases/harvard-illinois-bancorp-inc-announces-audited-financial-statements-as-of-december-31-2018-and-liquidating-cash-distribution-300794959.html

The prime minister and Indigenous affairs minister have released their official response to the latest Closing the Gap report:

Australias Closing the Gap targets will be redeveloped in partnership with Indigenous Australians for the first time with a direct focus on education as the key to unlocking the potential of this and future generations.

The prime minister said the 2019 Closing the Gap report highlighted successes across the country but that refreshed targets were an opportunity to work together to accelerate progress.

… The original targets were well intentioned but developed without the collaboration and accountability for states and territories and without input from Indigenous Australians.

We want a Closing the Gap framewor…

Read the full article at: https://www.theguardian.com/australia-news/live/2019/feb/14/coalition-labor-morrison-shorten-closing-gap-asylum-politics-live

  • New England Motor Freight, the 19th-largest less-than-truckload (LTL) trucking company in the US, filed for bankruptcy protection on Monday.
  • Several top freight analysts said one of NEMFs challenges was its contract with Amazon, which tends to provide a lot of packages that are of relatively low value.
  • Amazon contracts are pretty demanding, one analyst told Business Insider. Because theyre growing so rapidly, they can suck up a lot more of your capacity that you planned to make available to them.

One of the less-than-truckload sectors largest companies declared bankruptcy on Monday.

New England Motor Freight (NEWF), whose 2017 revenue totaled $US402 million, intends to have an orderly wind-down …

Read the full article at: https://www.businessinsider.com/bankrupt-trucker-new-england-amazon-reliance-2019-2

A CONCRETER claims he is owed $41,000 by a Gold Coast shed building business that has gone into liquidation twice.

Redland tradie Jason Quick says he is still chasing payment for dozens of slabs he put down for the Jacobs Well firm, Queensland Shed Market.

Mr Quick had been working for the company for four months in May 2018, laying slabs for the sheds in the Gold Coast, Logan and Beaudesert region.

“I did about 15-20 jobs all up and then all of a sudden we stopped hearing back,” Mr Quick said.

After non-payment of his invoices in October, Mr Quick said he tried to contact the company and was promised payment if he continued his work.

“When I realised I was not going to get paid I went straight to the owners of all the …

Read the full article at: https://www.sunshinecoastdaily.com.au/news/twice-liquidated-shed-company-still-operating/3647323/

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