Insolvency Guardian Media Centre
The decision will not impact the authority’s finances however as business rates go directly into the Welsh Government’s None-Domestic Rates Collection Pool to be redistributed to all 22 Welsh local authorities.
Two significant debts were considered irrecoverable by Flintshire Council’s Cabinet.
The first was £33,394.28 owed by the former owners of the historic Druid Inn in Pontblyddyn.
The 200-year-old coach house ceased trading as a pub in 2020. Owners The Druid Inn (Mold) Ltd went into insolvency in March 2023 and Flintshire County Council sought to recover the owed business rates.
But with the company now liquidated and still owing unsecured creditors almost £85,000 there is no realistic prospect that…
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High Court dismisses winding-up petition against Kaisa the standard: HK
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Latest figures from the Insolvency Service have shown that the number of registered business insolvencies in England and Wales fell by 1.7% in August 2025 to a total of 2,048 compared to July 2025’s total of 2,083, and increased by 5.9% compared to August 2024’s figure of 1,933.
There were 2,048 in August 2025 the insolvencies consisted of 311 compulsory liquidations, 1,600 creditors’ voluntary liquidations (CVLs), 121 administrations and 16 company voluntary arrangements (CVAs). There were no receivership appointments.
The number of compulsory liquidations was 9% lower than in July 2025 and was also lower than the 2025 monthly average to date, although higher than monthly numbers in 2024.
The number of CVLs in…
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This masthead previously revealed D’Souza had assumed control of the committee after a dispute led to the previous president, vice-president and secretary resigning in August.
After the new committee removed the entire staff team, parents refused to send their kids to the kindy because they were concerned with the unfamiliarity of temporary staff.
In Sunday’s long email, the committee, led by D’Souza, accused staff and parents of contributing to the kindy’s downfall.
“We had every intention of keeping the kindergarten open,” it says.
“Relief staff were arranged at the recommendation of the agency by the C&K group, but parents chose to keep their children at home.
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“If parents truly wanted it to work, you could have…
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This masthead previously revealed D’Souza had assumed control of the committee after a dispute led to the previous president, vice-president and secretary resigning in August.
After the new committee removed the entire staff team, parents refused to send their kids to the kindy because they were concerned with the unfamiliarity of temporary staff.
In Sunday’s long email, the committee, led by D’Souza, accused staff and parents of contributing to the kindy’s downfall.
“We had every intention of keeping the kindergarten open,” it says.
“Relief staff were arranged at the recommendation of the agency by the C&K group, but parents chose to keep their children at home.
Loading
“If parents truly wanted it to work, you could have…
Read the original article here
Unlike the IBC’s usual corporate insolvency resolution process (CIRP), the CLRP is a proposed option under which the corporate debtor keeps management control while creditors work towards a time-bound resolution (150 days extendable by 45 days) under limited court oversight, which is helpful given today’s adjudicatory level delays.
The bill also aligns with the World Bank’s ‘B-ready’ insolvency model that encourages countries to have an out-of-court mechanism, although the CLRP is a hybrid.
A CLRP may be initiated with the approval of 51% of creditors (by debt value), with the corporate debtor given time to respond. Then, an insolvency professional…
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The creditors’ position would continue to “play out” through the administration process, Gammel said.
“Were still hopeful of getting a sale away and parties are working very hard to do that,” he said.
“The guys [at 1800 Lasagne] are still continuing to trade because they really believe in the business and want to keep it going.”
On Instagram this week, 1800 Lasagne shared that it was hiring chefs. A post urged applicants to “come join us”.
“We are looking for chefs that are driven, ambitious, excited and passionate about food and wine,” the post read. “Various roles and rosters available.”
Gammel said creditors would receive more details in a report due on Tuesday.
He said in the creditors’ meeting that 1800…
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Victorian man jailed for complex fraud to help business owners knowingly avoid bankruptcy The National Tribune
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Facebook App: Open links in External Browser
There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:
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PNC Infratech share price added more than 2 percent in the early trade on September 22 following the company received LoA for a project in Bihar worth Rs 495.5 crore.
At 09:25am, PNC Infratech was quoting at Rs 315.15, up Rs 8.15, or 2.65 percent, on the BSE.
The company has received Letter of Acceptance (LOA) from Bihar State Road Development Corporation (BSRDC) for the project namely construction of high level bridge and approach road on Hathouri-Atrar-Bavangama-Aurai Road in Bihar.
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Earlier in this month, the Competition Commission of India (CCI) has approved the proposed acquisition of Jaiprakash Associates by PNC Infratech. Jaiprakash Associates is currently undergoing the corporate…
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Drawing the line on insolvency: Lessons from Africell and other landmark cases Daily Monitor