Category Archives: Liquidation

ASIC consults on financial reporting and AGM deferral relief for companies in external administration – Mirage News

ASIC has today released Consultation Paper 337 Externally administered companies: Extending financial reporting and AGM relief (CP 337) seeking feedback on proposals to reduce the regulatory burden for externally administered companies. ASIC is proposing to expand the relief in ASIC Corporations (Externally-Administered Bodies) Instrument 2015/251 (LI 2015/251) to companies where a voluntary administrator, controller or…

Going viral: Timeline shows how COVID-19 infected Queensland – Brisbane Times

Brisbane Times takes a look back at how the virus spread through Queensland, and some of the states near misses. January 2020 January 9: The World Health Organisation releases a statement regarding cluster of pneumonia cases in Wuhan. The WHO does not recommend any specific measures for travellers. January 11: China reports the first death.…

Insolvency Trends To Watch As Pandemic Failures Threaten – Law360

Law360, London (January 27, 2021, 5:30 PM GMT) — Since the coronavirus pandemic hit the U.K. in March last year, legislative protections and government packages have helped keep at bay the massive wave of corporate insolvencies that had been expected. But the economic support has to come to an end at some point, and lawyers…

Lebanon lawyers urge UK to halt liquidation of Beirut blast-linked company – Middle East Monitor

An association of Lebanese lawyers has requested British authorities prevent the liquidation of a company potentially linked to the Beirut blast, Reutersreported. The Beirut Bar Association sent a letter to British Member of Parliament Margaret Hodge making the request on Monday. The letter urged the UK corporate registry Companies House to halt the liquidation of…

Lebanese lawyers seek to halt liquidation of UK-registered firm possibly linked to Beirut blast – swissinfo.ch

FILE PHOTO: Smoke rises from the site of an explosion in Beirut’s port area, Lebanon August 4, 2020. REUTERS/Mohamed Azakir/File Photo reuters_tickers This content was published on January 27, 2021 – 00:59 January 27, 2021 – 00:59 By Tom Bergin LONDON (Reuters) – A Lebanese lawyers’ association has asked British authorities to halt the voluntary…

Lebanese lawyers seek to halt liquidation of UK-registered firm possibly linked to Beirut blast – WHTC News

By Tom Bergin LONDON (Reuters) – A Lebanese lawyers’ association has asked British authorities to halt the voluntary liquidation of a UK-registered company over possible links to last year’s explosion at Beirut port, according to a letter seen by Reuters. In the Jan. 25 letter to British lawmaker Margaret Hodge, the Beirut Bar Association (BBA)…

Novelion Provides Update on Interim Distribution to Registered Shareholders – GlobeNewswire

January 26, 2021 14:49 ET | Source: Novelion Therapeutics, Inc. VANCOUVER, British Columbia, Jan. 26, 2021 (GLOBE NEWSWIRE) — Novelion Therapeutics Inc. (Novelion or the Company) by Alvarez & Marsal Canada Inc., Novelions court appointed liquidator (the Liquidator) today announces that the timing of the previously announced interim distribution to its registered shareholders (the Interim…

Debenhams PLC information for creditors and interested parties – Mirage News

On 25 January 2021, a winding up order was made against Debenhams PLC (Company number: 05448421) and the court appointed the Official Receiver as liquidator. Debenhams PLC was formerly the holding company for the Debenhams retail group but at the date of liquidation it had no active operations or employees. The trading arms of the…

Supreme Court upholds order directing Operational Creditor to pay CIRP costs, fees after dismissal of insolvency plea – Bar & Bench – Indian Legal News

Published on :26 Jan, 2021 , 7:47 am Updated on :26 Jan, 2021 , 7:02 am The Supreme Court has upheld an order passed by the National Company Law Appellate Tribunal (NCLAT) directing an Operational Creditor to pay the CIRP costs and fees after the dismissal of his insolvency plea. (Rajkumar Brothers And Production Pvt…

Weinstein Co to pay out $17m over sexual abuse claims as part of liquidation – The Guardian

A US bankruptcy court judge has approved the Weinstein Cos liquidation plan, which sets aside $17m for women who accused co-founder Harvey Weinstein of sexual misconduct. Judge Mary Walrath, presiding over a remote hearing from Wilmington, Delaware, overruled an objection from a handful of women who have been looking to pursue appeals of their claims…