Bankrupt retail chain liquidating after proposed sale collapses – TheStreet
Bankrupt retail chain liquidating after proposed sale collapses TheStreet Read the original article here
Bankrupt retail chain liquidating after proposed sale collapses – MSN
Bankrupt retail chain liquidating after proposed sale collapses MSN Read the original article here
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Timmins news: Most properties in massive northern Ont. real estate insolvency sold
The 323 most profitable of 407 properties in northern Ontario owned by insolvent real estate companies have been sold. It’s the latest development in the high-profile collapse of a group of 11 companies that owned houses and apartments in Timmins, Sault Ste. Marie, Sudbury, Kirkland Lake, Capreol, Val Caron and Temiskaming Shores. An excavator was…
R3 responds to November 2024 insolvency statistics – The Yorkshire Post
R3 responds to November 2024 insolvency statistics The Yorkshire Post Read the original article here
Sequoia-funded Redkenko Health Tech in insolvency court
Axis Trustee Services Limited, acting on behalf of Blacksoil Capital Private Limited and Blacksoil India Credit Fund, has successfully initiated a Corporate Insolvency Resolution Process (CIRP) against Redkenko Health Tech Private Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016. The case, filed before the National Company Law Tribunal (NCLT) Mumbai Bench, centers…
Grocery Automation Biz Takeoff Gets OK For Liquidation Plan
By Rick Archer · December 19, 2024, 2:36 PM EST A Delaware bankruptcy judge on Thursday greenlighted grocery automation firm Takeoff Technologies’ Chapter 11 liquidation plan after hearing no opposition…. To view the full article, register now. Read the original article here
Big Lots liquidation looms after plan to sell to Nexus Capital falls apart – Orange County Register
By Reshmi Basu | Bloomberg Big Lots does not expect to complete a planned sale of its business to private equity firm Nexus Capital Management LP, putting the discount retailer that employs more than 27,000 people at risk of liquidation. The company said it continues to work toward completing an alternative transaction with Nexus or…
KTM’s insolvency administrator puts shares of MV Agusta on sale
An insolvency administrator has put KTM’s shares in MV Agusta up for sale, as the Austrian auto giant continues to reel in from a financial crisis. KTM’s parent company Pierer Mobility AG had acquired a 25.1 per cent stake in MV Agusta in November 2022, before taking over the majority of the company in March…
Big Lots faces liquidation risk on unpaid rent, inventory value | Business
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