Stonewood Homes Marlborough in liquidation, owes more than $1 million – Stuff.co.nz

Stonewood Homes managing director and found Brent Mettrick says the closure of franchises in Marlborough and Hamilton is not indicative of a wider endemic. Stonewood Homes Marlborough has gone into liquidation, with debts of more than $1 million. The franchise of nationwide construction company Stonewood Homes went into liquidation last year, appointing Biz Rescue chartered…

New bill to address corporate insolvency resolution may sail through – domain-B

Continuing its effort to facilitate investment and economic growth, amid opposition protests in Parliament, the Narendra Modi-led government on Monday introduced a bill to put in place an effective legal framework for time-bound resolution of corporate insolvency. Finance minister Arun Jaitley introduced the much-awaited Insolvency and Bankruptcy Code in Lok Sabha that will speed up…

Stonewood Homes Marlborough in liquidation, owes more than $1 million – Stuff.co.nz

Stonewood Homes managing director and found Brent Mettrick says the closure of franchises in Marlborough and Hamilton is not indicative of a wider endemic. Stonewood Homes Marlborough has gone into liquidation, with debts of more than $1 million. The franchise of nationwide construction company Stonewood Homes went into liquidation last year, appointing Biz Rescue chartered…

Guarantee Fund wants EUR 150 mln from Romanian insurer’s liquidation – Romania-Insider.com

Romanias Policyholder Guarantee Fund, which will compensate those who held outstanding insurance policies at the Romanian insurance company Astra Asigurari that went into bankruptcy last fall, aims to get RON 680 million (EUR 150 million) from the companys liquidation. The fund will thus become the insurers largest creditor. Astra has already started liquidation…

High Court orders coloured diamond investment company into provisional liquidation – Professional Jeweller

London-based coloured diamond investment company Heritage FA has been ordered into provisional liquidation following a petition presented by the Secretary of State for Business, Innovation & Skills to wind up the company on grounds of public interest. The petition was issued following confidential enquiries carried out by Company Investigations, part of the Insolvency Service,…

The Bendigo Club enters voluntary administration – Bendigo Advertiser

Hospitality and gaming venue The Bendigo Club entered voluntary administration on Wednesday. A DEBT of $800,000 to the state government for gaming machine entitlements has forced The Bendigo Club to enter voluntary administration. The Strathdale-based hospitality and gaming venue spent $2 million on entitlements for about 40 machines during the state government auction in 2010, but has…