Hudson’s Bay to liquidate all but these 6 stores starting Monday – CTV News
Hudson’s Bay to liquidate all but these 6 stores starting Monday CTV News Read the original article here
Aircraft lessor files insolvency petition against SpiceJet over $5.94 million dues – MSN
Aircraft lessor files insolvency petition against SpiceJet over $5.94 million dues MSN Read the original article here
Hudson’s Bay to liquidate all but 6 stores starting Monday
An Ontario court has given Canada’s oldest company permission to liquidate all but six of its stores starting on Monday. The approval from Ontario Superior Court judge Peter Osborne allows Hudson’s Bay to begin selling off inventory at the bulk of its 80 stores. The retailer also owns three Saks Fifth Avenue stores and 13…
Hudson’s Bay to liquidate all but six stores starting Monday
TORONTO — An Ontario court has given Canada’s oldest company permission to liquidate all but six of its stores starting on Monday. TORONTO — An Ontario court has given Canada’s oldest company permission to liquidate all but six of its stores starting on Monday. The approval from Ontario Superior Court judge Peter Osborne allows Hudson’s…
Is Cognizant Technology Solutions (NASDAQ:CTSH) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway’s Charlie Munger, Li Lu, makes no bones about it when he says ‘The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.’ So it might be obvious that you need to consider debt, when you think about…
RI Attorney General Files Lawsuit Against Debt-Management Service Provider
Rhode Island Attorney General Peter Neronha has filed a lawsuit against a debt-management service provider, claiming they violated the state’s Unfair and Deceptive Trade Practices Act. Neronha alleges that the Michael Moccia and Palisade Legal Group harmed Rhode Islanders by charging illegal and excessive fees and damaging consumers’ credit scores. “We will never tolerate illegal…
Aircraft lessor files insolvency petition against SpiceJet over $5.94 million dues
In more trouble for cash starved private sector airline SpiceJet, Indonesia-based aircraft lessor PT BBN Airlines has filed an insolvency petition against the Indian company over certain outstanding payments. The petition was filed in the Delhi unit of insolvency court National Company Law Tribunal (NCLT). PT BBN Airlines has stated that SpiceJet has yet to…
Hudson’s Bay hopes to save six stores, begin liquidation process Monday
The move stands to save some of the 9,364 jobs that could be lost if the company liquidated all of its stores, which was the plan until Hudson’s Bay said Friday that sales had exceeded its expectations, allowing for it to keep six locations alive. “If a solution can be found, there is an opportunity…
Hudson’s Bay hopes to keep 6 stores open, begin liquidation in days – National
By Tara Deschamps The Canadian Press Posted March 21, 2025 10:45 am 1 min read Descrease article font size Increase article font size After a week spent seeking a lifeline, Hudson’s Bay says it has found a way to keep six stores open. Canada’s oldest company is back in court Friday to seek permission from…
UK Energy Firm That Let Customers Own a Share of a Wind Farm Nears Insolvency
Article content (Bloomberg) — A UK energy company that allows households and communities to own a stake in solar and wind farms has entered administration, according to an email it sent to customers. Article content Ripple Energy Ltd. provided a platform for people to buy into renewable power plants in exchange for getting money off…