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The acrimony that led to closure of Kent Street’s most famous eatery continues with the bringing of an application in the NSW Supreme Court to terminate Tetsuya Wakuda’s Deed of Company Arrangement (DoCA).
Back in March the wasabi sensei persuaded creditors of his company T Pty. Ltd. to accept 18.5 cents in the dollar on their debts in preference to winding up the company and appointing liquidators.
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A bid to shutter a well-known Australian fashion retailer over an almost $70,000 debt has been thrown out of court.
General Pants Co, which operates 55 stores across Australia and New Zealand, was served with an insolvency claim by a supplier alleging the chain had failed to pay six invoices between October and December last year.
In a statutory demand for payment sent in June, UCC Company, an importer and wholesaler, claimed they had supplied General Pants Co with cameras and film and were owed $69,835.92.
“The goods were delivered and accepted by the debtor and the invoiced amounts remain due and payable,” the document stated.
According to court documents, General Pants Co failed to comply with the demand to settle the bill within…
A man was arrested and charged with a federal crime last weekend after allegedly leaping off a Royal Caribbean cruise ship near Puerto Rico to avoid paying off more than $16,000 in gambling debt to the cruise line.
Jey Gonzalez-Diaz jumped into the water near the Port of Suan Juan at around 9:15 a.m. on Sunday after the ship’s return voyage from Barbados.
According to a criminal complaint filed with the U.S. District Court for the District of Puerto Rico, Gonzalez-Diaz fled the ship during a U.S. Customs and Border Protection (CBP) inspection.
Video surveillance captured the moment he was rescued and brought to shore by someone who was passing by on a jet ski, according to authorities.
The cruise ship, the Rhapsody of the Seas, had departed…
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NOIDA: The National Company Law Appellate Tribunal (NCLAT) has upheld a February 2025 order of the National Company Law Tribunal (NCLT), which cancelled the admission of insolvency proceedings against Logix Infrastructure, builder of the delayed Blossom County project in Noida Sector 137.
On Tuesday, Ketan Madan advocate on behalf of Experts Realty Professionals who filed case against Logix, said:“It’s a pervasive and completely misconceived order. We are going to challenge this order in the Supreme Court.” (HT Archives)
The appeal was filed by Experts Realty Professionals, the financial creditor that started the corporate insolvency resolution process (CIRP).
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