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Daily Archives: December 31, 2015

Holiday returns end up at retail liquidation company – News3LV

LiquidationBy Insolvency GuardianDecember 31, 2015

LAS VEGAS (KSNV News3LV) — Weve all heard the saying Many Happy Returns, well that phrase probably wasnt written be a retailer.  Approximately 10-percent of everything sold this holiday season, or $63billion worth of goods, will be returned.  Much of it ends up at a Las Vegas surplus warehouse owned by Liquidation.com.  When items are…

Major shoe retailer officially declared bankrupt – NL Times

BankruptcyBy Insolvency GuardianDecember 31, 2015

Business Netherlands Major shoe retailer officially declared bankrupt Shoe retailer Macintosh was officially declared bankrupt on Wednesday, after announcing that it filed for bankruptcy earlier in the day, NU reports. The bankruptcy applies only to the parent company. All of the companys shoe stores, including Scapino, Dolcis, Manfield and Pro Sport, will remain open for the…

Restructuring boon for M&As – The Korea Herald

RestructuringBy Insolvency GuardianDecember 31, 2015

Spurred by restructuring of industries and the governments move to ease regulations, Koreas mergers and acquisitions are expected to see another boom in 2016 after 2015, when M&A deals reached an all-time high, dealmakers said. Amid a prolonged global economic downturn, a growing number of Korean firms, once used to the pursuit of octopus-style…

Too HOTT for the Bull to handle – The West Australian – The West Australian

LiquidationBy Insolvency GuardianDecember 31, 2015

What a year. When the Bull returned from last years Christmas graze, iron ore was a robust $US71 a tonne, West Texas crude $US60 a barrel, the S&P-ASX 200 was great value at 5380 points, West Perth was a bustle of activity and the WestBusiness section brimming with enthusiasm and excitement. Thoroughly jaded today, it…

Restructuring of industries boon for M&A market – The Korea Herald

RestructuringBy Insolvency GuardianDecember 31, 2015

Spurred by restructuring of industries and the governments move to ease regulations, Koreas mergers and acquisitions are expected to see another boom in 2016 after 2015, when M&A deals reached an all-time high, dealmakers said. Amid a prolonged global economic downturn, a growing number of Korean firms, once used to pursue the octopus-style business…

Wrinkle in bankruptcy law reform – Sydney Morning Herald

BankruptcyBy Insolvency GuardianDecember 31, 2015

Victims of poor financial advice like Naomi Halpern have concerns about bankruptcy reforms. Photo: Wayne Taylor/Fairfax Media Reforms put forward by the Turnbull government to make it easier for people to get out of bankruptcy may not help many people expected to benefit from the scheme, experts say. Yet for some investors caught up in…

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