Pre-pack insolvency for MSMEs: How it differs from corporate insolvency resolution process; key features – The Financial Express

Liquidation

As against CIRP, which follows creditor in control model, the pre-pack process would work on debtor in possession model. By Harish Kumar and Itee Singhal Ease of Doing Business for MSMEs: The pre-pack insolvency resolution process (pre-pack process), which has been in many discussions since the publication of the Insolvency Law Committees (committee) recommendations on…

Struggling Cavalry in pitch to secure long-term future – The RiotACT

Liquidation

Canberra Cavalry pitcher Shawn Morimando in action at Narrabundah Ballpark. Photo: Peter Norton. A new ownership structure as part of an overall restructuring of the Canberra Cavalry national baseball franchise is imminent after the club was forced into voluntary administration at the end of March. Back-to-back seasons disrupted by unforeseen circumstances hit the club hard,…

Commentary – Company Insolvency Statistics January to March 2021 – GOV.UK

Liquidation

Released 30 April 2021 Next release 30 July 2021 Media enquiries Steven Fifer +44 (0)30 3003 1568 Statistical enquiries Becca Wedge-Roberts (author) [email protected] Kate Palmer (responsible statistician) 1. Main messages for England and Wales One in 396 active companies (at a rate of 25.3 per 10,000 active companies) entered liquidation between 1st April 2020 and…

Administrators granted huge Wadley’s pay claim | News – Australasian Transport News

Liquidation

Date: 30.04.2021 Supreme Court accepts complex task made more difficult by range of challenges WITS assets were eventually auctioned off as part of its liquidation The Supreme Court of Victoria Commercial Court brings into sharp relief the cost of company failure as external administrators are approved remuneration of more than $320,000 for their work in…

Former Acxiom, LiveRamp & UbiCar exec Dean Capobianco joins geospatial company – Mumbrella

Liquidation

Former Acxiom and LiveRamp executive Dean Capobianco has joined government-owned geospatial geospatial data company, Geoscape Australia, as CEO. Capobianco started his corporate career in media after time as an elite athlete whereby he competed for Australia at the Olympics. Dean Capobianco Most recently, he was acting CEO of the now insolvent tech startup UbiCar, an…

Sponsored briefing: Valuation the new frontline in restructuring under the Corporate Insolvency and Governance Act 2020 – Legal Business

Liquidation

In the summer of last year, the Corporate Insolvency and Governance Act 2020 (CIGA) was rushed through the UK Parliament in a five-week period to deal with the expected fallout from the Covid-19 pandemic. As the biggest change to the UKs insolvency and restructuring legalisation in over 20 years, one of the cornerstones of this…