Administrator restructures, sells failed Howards Storage World – The West Australian

Administrators for the collapsed retailer Howards Storage World have found a buyer for the bulk of the chain, effectively saving about 160 jobs nationwide. Deloitte Restructuring Services announced this morning the sale of the business to undisclosed experienced retailer for an undisclosed price. Howards Storage was established in 1997 and has 58 stores nationally, including…

Howards Storage World to emerge from voluntary administration following sale to unnamed buyer – SmartCompany.com.au

Retail chain Howards Storage World will emerge from voluntary administration, with administrators Deloitte securing a sale of the business and its franchise network to an unnamed buyer. The business was placed into the hands of external managers in late 2016, with¬†Vaughan Strawbridge and David Lombe from Deloitte appointed to manage the administration of four entities…

Strata Minerals Restructuring | Geology for Investors – Geology for Investors

TORONTO, ONTARIO(Marketwired Feb. 9, 2017) NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Strata Minerals Inc. (TSX VENTURE:SMP) (Strata Minerals or, the Company) announces the restructuring of its affairs. Restructuring Overview Strata Minerals announces the following shareholder approved restructuring transactions as well as board and executive appointments: The issuance…

Warnings of financial ‘catastrophe’ as National Debt Helpline buckles under record call volumes – ABC Online

The National Debt Helpline says it is buckling under an unprecedented number of calls from Australians seeking financial counselling. Key points: Australian household debt is at a record high Financial Counselling Australia warns the country is going to go through a debt hangover They estimate 30 per cent of Australian households are in…