Yet another Melbourne construction company has collapsed into liquidation, as casualties pile up in the sector. News.com.au can reveal that earlier this month, Narre Warren-based residential builder Kleev Homes Pty Ltd went into liquidation. Travis Pullen of insolvency firm B&T Advisory is the appointed liquidator. ASIC documents obtained by news.com.au show that as of July…
SAN FRANCISCO — The Pulitzer Prize-winning Santa Barbara News-Press, one of California’s oldest newspapers, has ceased publishing after its owner declared the 150-year-old publication bankrupt. The newspaper became an online-only publication in April. But its last digital edition was posted Friday when owner Wendy McCaw filed for bankruptcy. Managing editor Dave Mason broke the news…
SAN FRANCISCO (AP) The Pulitzer Prize-winning Santa Barbara News-Press, one of Californias oldest newspapers, has ceased publishing after its owner declared the 150-year-old publication bankrupt. The newspaper became an online-only publication in April. But its last digital edition was posted Friday when owner Wendy McCaw filed for bankruptcy. Managing editor Dave Mason broke the news…
A young Sanford family feared their new home would never get finished after a builder went bankrupt last year. 5 On Your Side first spoke with the Knowles family in May 2022 when their home was about half finished. Their builder, J&R Homes, had just declared bankruptcy. Money that the builder collected from the Knowles…
Corporate restructuring specialist Cathro & Partners has recruited Mark Cook to bolster its insolvency and advisory practice. Already have an account? Sign in below: Cathro said Mr Cook had two decades of experience in forensic accounting, fraud investigation, corporate restructuring advisory, and insolvency in both Australia and the UK. His expertise complements the firms three…
NCLT Admits Insolvency Plea Against Coffee Day Global Business NewsNCLT Admits Insolvency Plea Against Coffee Day Global ADVERTISEMENT 24 Jul 2023, 8:31 PM IST 24 Jul 2023, 8:31 PM IST 24 Jul 2023, 8:31 PM IST WhatsApp Twitter Facebook Telegram Read the full article at: https://www.bqprime.com/business/nclt-admits-insolvency-plea-against-coffee-day-global
Cafe Coffee Day outlet in Connought Place in New Delhi (Photo – Dalip Kumar) Coffee Day Global, the operator of Cafe Coffee Day chains, was admitted for corporate insolvency by the Bengaluru bench of the National Company Law Tribunal (NCLT) last week, The Economic Times (ET) reported on Monday. Based on a petition filed by…
This year is seeing steady pick-up in companies being placed into liquidation, whilst the number of companies enquiring about SCARP has significantly increased since April 2023, according to Tom Murray, director at Friel Stafford. Murray is an insolvency practitioner with over 25 years of experience and has acted as liquidator, receiver and examiner for over…
This week on Dezeen, architects designing The Line including Thom Mayne and Peter Cook explained the thinking behind the planned megacity in Saudi Arabia in a documentary. Speaking in a 45-minute-long Discovery Channel broadcast, many of the architects involved in the design of the 170-kilometre-long city talked about the project publicly for the first time. “I can’t think…
The Luxembourg parliament has adopted an act on business continuity, restructuring and the modernisation of the bankruptcy regime (the Insolvency Modernisation Act or IMA). Before the adoption of the IMA (which should be enacted shortly) the Luxembourg restructuring framework already offered a range of (mainly consensual and solvent) restructuring options. When it comes to legally…