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High Court decision sees GoodBox exit administrationMelanie May| 26 January 2023 | NewsTagged with: financeGoodBoxGoodBox contactless giving terminalGoodBox is no longer under administration after a decision from the High Court brought it to a close this month.Since their appointment as joint Administrators in June 2022 Frost and Wadsted had pu af1 rsued multiple avenues to try and save the brand future whilst protecting the charities, religious organisations and museums reliant on the companys services for their donations, with more than 拢4.5mn of donations processed in the course of their appointment.Now, as of 16 January 2023, the Court has sanctioned a Part 26a scheme for adidas samba the company, a judgement that formal adidas originals ultraboost ly brings the administration to a close. The sanctioned plan will save the 拢4.5mn of taxpayer funds provided to GoodBox in January 2021 via the UK Government Future Fund, which launched to support innovative UK businesses during the pandemic and is operated by the British Business Bank on behalf of the Government. The Bank will retain equity in the company and a share of future revenue as intended. AdvertisementA Part 26a part of the Companies Act 2006 can be applied when two conditions are met by a company. The first is that it has encountered, or is likely to encounter, financial difficulties that are affecting, or will or may affect, its ability to carry on business as a going concern. The second is that an arrangement is agreed with its credit Vegj Halliburton Cuts Jobs, Executive Pay
Coleman readies for state Supreme CourtWhen 40-year-old Josiah Coleman takes his oath of office Jan. 7, he will have what he calls the job of his dreams.He owala website also says never say never to other political aspirations.The Toccopola man becomes the states youngest Mississippi Supreme Court justice with that oath, which will be witnessed by family and friends in the courts new facility across High Street from the State Capitol in Jackson.Meanwhile, the Pontotoc County attorney is busy hiring staff, getting to know his fellow justices and preparing for an eight-year term on the states highest court. Its such a cliche, but Im really honored by the election, he said this week in Tupelo as he, his wife, Ashleigh, and baby daughter, Merrimac, prepared for an informal dinner with friends. So air force 1 many people felt I was right for the job. It means a lot. djournal12/7/12 owala water bottle Share About the Author s Magnolia Tribune This article was produced by Magnolia Tribune staff. |