Jones the Grocer enters voluntary administration for the second time – SmartCompany.com.au

Gourmet food retailer Jones the Grocer has collapsed into voluntary administration for the second time. PPB Advisory were there afternoon appointed as administrators to JTGS, which is the Australian operator of the four remaining Jones the Grocer and Becasse stores in Australia. The sole shareholder of JTGS is L Capital Asia, the private equity arm…

Post Insolvency & Bankruptcy Code, 100-worker units will be able to shut shop – Financial Express

Once the Insolvency and Bankruptcy Code, 2015, comes into effect, a company that has more than 100 workers can initiate voluntary liquidation proceedings, TK Viswanathan, the chairman of the committee that drafted the legislation and former law secretary, said on Monday. Viswanathan added that as long as the company repaid its dues to lenders and…

UPDATED: Bar company that was fined £100k over agonising cocktail goes into liquidation – The Press, York

A bar company which was fined £100,000 serving a liquid nitrogen cocktail that left a customer in agonising pain has gone into liquidation, without paying the fine. Oscars Wine Bar Ltd, which is run by York-based businessman Andrew Dunn, has gone into liquidation, and documents from Companies House show the company has just £12,500 in assets.…

York bar company that was fined £100k over agonising cocktail goes into liquidation – The Press, York

A YORK bar company which was fined £100,000 serving a liquid nitrogen cocktail that left a customer in agonising pain has gone into liquidation, evidently without paying the fine. Oscars Wine Bar Ltd has gone into liquidation, and documents from Companies House show the company has just £12,500 in assets. Documents say its debts include…

Arsenal boss Arsene Wenger receives £3.5million windfall from liquidated sports company – Mirror.co.uk

Arsene Wenger has cashed in for £3.5million after his sports company shut down. The Arsenal boss is believed to have been receiving payments from LA Promotions LTD since the company went into voluntary liquidation in December 2014. Accounts reveal that Wenger took home in excess of £2million from the company, according to The Sun on…