news, latest-news, Riot Art & Craft, Port Macquarie, business, Dye & Co, liquidation, SLKALT Pty Ltd The Riot Art & Craft outlet in Port Macquarie has closed and the company behind the chain’s bricks-and-mortar stores is in liquidation. SLKALT Pty Ltd has ceased trading, its 56 Riot Art & Craft stores are shut and employees…
Arabtec may struggle to meet the end of November deadline set by shareholders to formally submit liquidation plans to a court. Creditors and banks awaiting details of Arabtec Holdings liquidation face mounting uncertainty after talks to unwind the company stalled. Earlier reports suggested the United Arab Emirates based contractor appointed AlixPartners to work on a…
A KPMG UK spokesperson said: Our industry-leading restructuring business has an established track record of advising on some of the highest profile and most complex projects across the UK. However, in recent years we have seen the dynamics of the UK insolvency and restructuring market change. As a result, we have concluded that now is…
Three days after the 2020 presidential race was called for Joe Biden, Democrats are already discussing the possibility of canceling or reducing student loan debt. Senate minority leader Chuck Schumer reiterated his support for a proposal to cancel up to $50,000 in student debt in a recent interview, urging Biden to make the issue a…
A couple whose company provided security for the Corrib gas pipeline in Co Mayo have been declared bankrupt by the High Court. James and Grainne Farrell were majority (58 per cent) shareholders in Business Mobile Security Services Ltd (BMSS) which, among its services, supplied security personnel to Shell during the construction of the pipeline and…
Has money got you worrying? Has poor mental wellbeing got you neglecting your finances? The link between money and mental health is a complicated one. But, for most of us, it does exist. More recently, the COVID-19 pandemic has intensified money worries for many people. It’s unsurprising that during such uncertain times making financial decisions…
HOUSTON, Nov. 10, 2020 /PRNewswire/ –Luby’s, Inc. (NYSE: LUB) (the “Company”) today announced that Institutional Shareholder Services Inc. (“ISS”), a leading proxy voting advisory firm, has recommended that Luby’s stockholders vote in favor of the Company’s Plan of Liquidation and Dissolution (the “Plan”). In recommending “FOR” the Plan, ISS noted that1: “The board appears to…
Eleanor Temple chair of trade body R3 Months after the initial lockdown, it has become clear that the pandemic will create long-term or even lasting changes that will mean some businesses are no longer viable. As the Government gradually withdraws the support packages available, it is vital that managers assess their business in light of…
STA, 10 November 2020 – During the coronavirus epidemic, there were fewer cases of bankruptcies among companies compared to last year, show data by the AJPES agency for legal records. In the first nine months of 2020, a total of 845 companies went bankrupt, down 16% on the same period in 2019 and a 21%…
Member Article Months after the initial lockdown, it has become clear that the pandemic will create long-term or even lasting changes that will mean some businesses are no longer viable. As the Government gradually withdraws the support packages available, it is vital that managers assess their business in light of the new normal. The sooner…