Motorhomes boss banned after creditors claim £660k in liquidation – GOV.UK

St Andrews Motorhomes Limited was incorporated in June 1993 to buy and sell motorhomes in Central Scotland. Christine Helen Galloway (65), from Cupar, Fife, was a director of the company since its incorporation. The company, however, began to struggle and ceased trading in July 2018, before entering into compulsory liquidation. St Andrews Motorhomes insolvency brought…

Confirmation Yingli parent company shareholders will be wiped out – pv magazine International

A filing made to the Securities and Exchange Commission today has confirmed holders of stock in Yingli Green Energy Holding Co Ltd will be left empty-handed some time around the end of the month. September 24, 2020 Max Hall Shareholders have heard the news they have long expected. Image: geralt/Pixabay Shareholders in the parent company…

Worker payments an ‘obstacle’ to saving thousands of company failures – The Australian Financial Review

“A lot of SMEs will be ineligible to use the new scheme and that might mean that the only option is to go into liquidation.” Clayton Utz restructuring and insolvency partner Jennifer Ball said the initial requirement to pay employee entitlements could be an “obstacle” for small firms. The current temporary director insolvency measures which…

Lifeline for small businesses in Australia with new ‘Chapter 11’ US-style bankruptcy laws – Daily Mail

Huge changes to bankruptcy laws mean the way Australians do business will change FOREVER … here’s what it means for YOU Small businesses on brink of collapse could be saved by newbankruptcy laws Treasurer Josh Frydenberg has unveiled biggest insolvency change in decades Draws on features of the ‘Chapter 11’ bankruptcy code used in the…

Businesses can keep trading: Bankruptcy law changes to keep firms open – Sydney Morning Herald

“The reforms are a critical part of our economic recovery plan and will help to boost business confidence and dynamism across the economy by allowing viable businesses to survive as our economy rebuilds,” Mr Frydenberg said. Loading The changes come as Mr Frydenberg resets fiscal policy to drop old assurances about a return to surplus…

Bill passed in Lok Sabha to temporarily suspend initiation of corporate insolvency proceedings | All you need to know – Jagran English

The Lok Sabha passed the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020 on Monday through a voice vote. Publish Date: Mon, 21 Sep 2020 08:51 PM IST New Delhi | Jagran Busines Desk:The Lok Sabha passed the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020 on Monday through a voice vote. Responding to the…

Court action over bankrupt builder’s family house – Daily Mercury

The owner of a Brisbane building company that collapsed owing more than $5.5m now faces legal action over his family home in an exclusive suburb. Mansfield-based Bulkbuild Pty Ltd into voluntary administration in June and later liquidators Hall Chadwick’s Ginette Muller and Marcus Watters were appointed. The liquidators have filed an application with the Supreme…