UPDATE ON LIQUIDATION PROCESS — TradingView News

The Board of Directors (the “Board”) proposes certain adjustments to the finalliquidation structure of Philly Shipyard ASA (under liquidation) (the”Company”). The Company still expects to distribute approx. USD 10.4 milliontoits shareholders within Q2 2025 as part of the liquidation process, in linewithprevious communication. Reference is made to the previous announcements made by the Company regardingthe proposed…

Italian Retailer Modes Placed Under Judicial Liquidation

MILAN — Italian retailer Modes has been placed under judicial liquidation after failing to carry forward with its business restructuring plan. As reported, the company had filed for a “compositions with creditors” procedures with a Milan court in May 2024 against slowing sales and a deteriorated business environment. More from WWD In the final verdict…