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On Thursday a spokesperson for Visit Cornwall said the decision was due to “insurmountable financial problems” and liquidation was “the only responsible choice”.
Sue Jewell, chair of the South East Cornwall Tourism Association, said the loss of Visit Cornwall would “leave such a hole” in the industry.
Sarah Preece, Cornwall Council’s portfolio holder for tourism, localism and planning, said the council thanked Visit Cornwall for the work it had done but it would have been “irresponsible” to use “public money” to save it.
Among the reasons cited in the filings, creditors such as companies from the Equatorial Energia Group—operating in the states of Rio Grande do Sul, Amapá, and Alagoas—allege that Oi violated the terms of the restructuring plan approved in April 2024.
“The recovering company [Oi] has defaulted on the installment due on June 25, 2025, owed to the creditors Companhia de Eletricidade do Amapá (CEA) and Equatorial Alagoas Distribuidora de Energia S.A., as well as on the payment due to Companhia Estadual de Energia Elétrica (CEEE-D) on July 11, 2025,” attorneys for Equatorial said in a court filing dated July 30.
A similar complaint was made by Concourse Telecomunicações Brasil in a petition submitted on August 11 to…
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The people behind plans for a £60 million “eco-therapy wellness park” say they are still hopeful for a project despite putting the company into voluntary administration.
Barony NP (UK) Ltd, a partnership between social enterprise company National Pride UK (NPUK) and investment company ESE Capital, promised hundred of jobs at the centre.
But it went into administration in December 2024.
Barony NP
Artists impression of one of the Barony development’s accommodation unit.Barony NP
The project was hailed as Europe’s first nature-based wellbeing resort, complete with lodges and spa facilities.
Both Andy Whitlock and Irene Bisset of NPUK resigned their directorships of Barony NP.
A progress report by the administrators stated that the sole…
The Department of Homeland Security is preparing to offer unaccompanied migrant teenagers in the United States the option to voluntarily leave the country and receive a $2,500 payment, according to three sources familiar with the plans and an administration memo obtained by CNN.
The Trump administration has already been offering financial incentives — including a $1,000 exit bonus — to undocumented adult immigrants in the US to depart the country. Administration officials have argued that self-deportation incentives are more cost effective, given the high price tag of immigrant detention and deportation.
NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) has stayed insolvency proceedings against Captain GR Gopinath‘s Deccan Charters till April 26, 2024, its next date of hearing. Earlier, the Bengaluru bench of the National Company Law Tribunal (NCLT) had directed initiation of Corporate Insolvency Resolution Process (CIRP), admitting a plea of financial creditor Krone Finstock claiming a default of around Rs 10 crore.
The Chennai bench of NCLAT on a petition filed by Sanjay Saihgal, a director of the suspended board of Deccan Charters, on Wednesday directed Krone Finstock to file a reply within four days.
