Clough and M&R’s Australian holding company enter voluntary administration after termination of Webuild deal – Creamer Media’s Engineering News

Liquidation

A proposed disposal by Murray & Roberts (M&R) of its Clough unit to Webuild was terminated on Monday and Clough and its subsidiaries placed into voluntary administration in Australia with immediate effect, together with the JSE-listed groups Australian holding company, MRPL. The announcement triggered a sharp decline in M&Rs shares, which were trading about 13%…

Clough and M&R’s Australian holding company enter voluntary administration after termination of Webuild deal – Creamer Media’s Engineering News

Liquidation

A proposed disposal by Murray & Roberts (M&R) of its Clough unit to Webuild was terminated on Monday and Clough and its subsidiaries placed into voluntary administration in Australia with immediate effect, together with the JSE-listed groups Australian holding company, MRPL. The announcement triggered a sharp decline in M&Rs shares, which were trading about 13%…

M&R’s Australian subsidiary Clough and holding company placed into voluntary administration – Moneyweb

Liquidation

Shares plunge 15% as JSE-listed group cans plans to dispose of Clough to Italian group Webuild. Murray & Roberts (M&R) has terminated the proposed disposal of its Australian subsidiary Clough and placed both Clough and Murray & Roberts Pty Ltd (MRPL), an indirect wholly owned subsidiary of the group and the groups holding company in…

Company that worked on big Christchurch rebuild projects folds – Stuff

Liquidation

Turanga, Christchurchs central library, has a facade worked on by Alutech Windows and Doors, which is now in liquidation. A company that helped produce some of Christchurchs most glamorous rebuild projects has gone into liquidation. Alutech Windows and Doors Ltd worked on the facades of post-earthquake buildings including the Turanga central library, the Deloitte office…

Insolvency And Bankruptcy Code, 2016: Vision 2025 – Live Law – Indian Legal News

Liquidation

Insolvency And Bankruptcy Code, Corporate Insolvency Resolution Process, Pre-pack insolvency resolution, Cross-border insolvency, Link Legal Begin typing your search above and press return to search. Read the full article at: https://www.livelaw.in/law-firms/law-firm-articles-/insolvency-and-bankruptcy-code-corporate-insolvency-resolution-process-pre-pack-insolvency-resolution-cross-border-insolvency-link-legal-215781

Warkworth chocolatier Chocolate Brown placed into voluntary administration – Stuff

Liquidation

Andriyko Podilnyk/Unsplash Chocolate Brown is a chocolate shop and cafe. A popular Warkworth chocolatier has been placed into voluntary administration. Chocolate Brown, which employed 38 staff as part of its chocolate-making and cafe business, was placed into administration and Bryan Williams of BWA Insolvency appointed administrator on December 1. The artisan chocolate business had been…

IBBI chief bats for putting valuation of IBC entities in public domain – Business Standard

Liquidation

The board has amended its regulation to allow IPEs to register as insolvency professionals and perform all their functions, including managing a company’s operations TopicsIBBI|IBC|Insolvency and Bankruptcy Code Abhijit Lele | Mumbai Last Updated at December 3, 2022 19:51 IST Illustration ‘).insertAfter(“.article-content__img”);$(“.article-content__img div”).find(‘div’).remove(); //]]> In a move that might enhance transparency in corporate resolution, the…

Nordic Shipholding to be liquidated – Splash247 – Splash 247

Liquidation

Nordic Shipholding Denmark-based Nordic Shipholding is to be wound down following the disposal of its entire fleet of product tankers earlier this year. Backed by its majority shareholder, Nordic Maritime, the company is calling for a general meeting to initiate a voluntary solvent liquidation. No distribution of funds to the shareholders is anticipated upon completion…