Topline Plans to liquidate and shut down all 80 Hudson’s Bay stores and e-commerce operations in Canada, along with three Saks Fifth Avenue and 13 Saks Off 5th Avenue locations there, could begin today unless a financial lifeline is found to sustain some operations — a prospect that appears increasingly unlikely, according to CBC. Hudson’s…
Broadband gear and cloud services company DZS has ceased operations in the US after entering Chapter 7 protection last week. The company stated that it had entered the liquidation proceeding under Chapter 7 of the United States Bankruptcy Code. Plano-based DZS said its foreign subsidiaries in Germany, the United Kingdom, and Australia may continue to…
Compulsory liquidations hit decade-long high as firms face rising costs MSN Read the original article here
Hudson’s Bay liquidation sales could start as soon as Tuesday CityNews Montreal Read the original article here
The number of companies going into compulsory liquidation hit its highest point in more than a decade last month, according to official data. Some 393 companies were forced to wind up in February across England and Wales – the highest monthly number since September 2014, the Insolvency Service said. Compulsory liquidation is when a firm…
The scheme, running until June, targets residents, businesses, indigent households, and deceased estates. Incentives include partial debt write-offs, interest waivers, and discounts on recreational facilities. The city hopes to curb electricity meter tampering and boost revenue collection, currently below the 95-percent target. “Various municipal customers, including government departments, big business and residential customers, owe Tshwane…
Compulsory liquidations hit decade-long high as firms face rising costs MSN Read the original article here
Compulsory liquidations hit decade-long high as firms face rising costs MSN Read the original article here
Compulsory liquidations hit decade-long high as firms face rising costs MSN Read the original article here
The number of companies going into compulsory liquidation hit its highest point in more than a decade last month, according to official data. Some 393 companies were forced to wind up in February across England and Wales – the highest monthly number since September 2014, the Insolvency Service said. Compulsory liquidation is when a firm…