A surge of interest from potential buyers could bail out embattled online luxury furniture retailer Brosa after the Melbourne-based company went into voluntary administration last week. Richard Tucker and Michael Korda of KordaMentha have been appointed as voluntary administrators for Brosa, which received more than 30 enquiries to buy out the company. Founded in 2014…
A Personal Insolvency Arrangement (PIA) has been approved by the High Court that will allow a 47-year-old Cork man write off over 3.4 million in debts for 30,000. On Monday Mr Justice Alexander Owens approved a PIA in respect of John Maloney a project manager with a development company, of Chestnut Haven, Ballyclough, Kilworth in…
The High Court has granted former High Court Taxing Master James Flynn a longer period of protection from his creditors to facilitate negotiations to resolve his debts of 3.5 million. Mr Justice Alexander Owens gave Mr Flynns personal insolvency practitioner Eugene McDarby a further 40 days to negotiate a deal with his creditors to agree…
The High Court has approved a Personal Insolvency Arrangement (PIA) that will allow a property developer to write-off approximately 25 million of debt mainly owed to financial institutions. Mr Justice Alexander Owens said he was approving the PIA that will allow Tony Diskin (44) to retain his family home in Churchfields, Coosan, Athlone Co Westmeath…
A Personal Insolvency Arrangement has been approved by the High Court that will allow a 47-year-old Cork man write off over 3.4m in debts for 30,000. On Monday, Mr Justice Alexander Owens approved a PIA in respect of John Maloney a project manager with a development company, of Chestnut Haven, Ballyclough, Kilworth in Co. Cork.…
A bankruptcy court has admitted the listed MT Educare, formerly known as Mahesh Tutorials, into the corporate insolvency resolution process (CIRP) and appointed Ashwin Bhavanji Shah as the interim resolution professional for the Mumbai-based coaching firm. The Mumbai bench of the National Company Law Tribunal (NCLT) allowed the companys operational creditor Connect Residuary to initiate…
This report studies theCorporate Insolvency Service Market Marketwith many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Corporate Insolvency Service Market Market analysis segmented by companies, region, type…
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