The Pool has been pushed into liquidation two months after the womens lifestyle website told staff and freelances it would go into administration. Winding-uporderswere issued on 13 March in the High Court against owner The Pool (UK) Ltd after a petition by HM Revenue and Customs. Companies House has todayissued an update about the court…
DetailsThe Pool has been pushed into liquidation two months after the womens lifestyle website told staff and freelances it would go into administration. Winding-uporderswere issued on 13 March in the High Court against owner The Pool (UK) Ltd after a petition by HM Revenue and Customs. Companies House has todayissued an update about the court…
DetailsIntroduction: The Insolvency and Bankruptcy Code, 2016 (hereinafter referred to as IBC) undergoes to second amendment to ensure enforcement of the provisions of the Code aiming towards the fulfilment of its objective of time-bound resolution process. These amendments will make easier effective implementation and obtain desired results. Following are the significant amendments introduced in the…
DetailsSTAFF at troubled farm business Ceres Agricultural Companyhave been told to expect significant job losses after the company was placed in voluntary administration with advisory groupGrant Thornton. In an internal memo sent to all staff from owner Garrick Hawkins on Thursday, staff were told the current business was unsustainable and Ceres would be closed. It…
DetailsNapoleon Perdis has found a potential saviour in private equity firm KUBA Investments, which has offered to purchase the collapsed cosmetics business for an undisclosed sum. The deal, yet to be approved by creditors, would see prominent cross-border retailer Livia Wang and her business partner Henry Lee take control of the business, with an eye…
DetailsMake-up artist Napoleon Perdis has lost control of the cosmetics empire he founded 25 years ago, with administrators announcing a sale of the business to an Australian investment firm. Worrells, the insolvency firm which was put into Napoleon Perdis Cosmetics in January, said the sale to KUBA Investments would save 250 jobs and the Perdis…
DetailsSTAFF at troubled farm business Ceres Agricultural Companyhave been told to expect significant job losses after the company was placed in voluntary administration with advisory groupGrant Thornton. In an internal memo sent to all staff from owner Garrick Hawkins on Thursday, staff were told the current business was unsustainable and Ceres would be closed. It…
DetailsGambling is becoming legal in more states and in different ways as of late. With online betting and the rising popularity of fantasy sports and sports betting, there are more ways than ever to wager. Many people consider gambling ill-advised or even sinful. In some of the most religious states gambling is outlawed in some…
DetailsDear Moneyist, I am engaged to a money monster. She just got rid of her old debts, but now has new debt and its growing. Weve been together seven years and engaged for four years. After getting engaged I found out about her debt, bad FICO score ……
DetailsPhilip Green is trying to quietly vacate one in 10 of his high-street stores before launching a controversial restructuring of his Arcadia fashion empire. The embattled billionaire is working on a plan that will enable his retail group, which includes Topshop and Dorothy Perkins, to close its worst-performing outlets and slash rent costs. On Thursday,…
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