The owner of a renovated theater along South Broadway in Denver has filed for bankruptcy to stall a lender’s plan to foreclose on it. Sonquist LLC, managed by real estate attorney Doug Norberg and business partner Paul Yaft, filed for Chapter 11 protection Friday. “Imminent public trustee foreclosure scheduled, automatic stay necessary to preserve estate…
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“We understand from talking to the director that changes implemented by Wellington Airport in late 2025, in relation to Kiwi Cabs’ operating arrangements, had a material and immediate impact on the company’s ability to trade,” Henderson told NZME. Waterstone Insolvency liquidator Bede Henderson said Kiwi Cabs’ exclusion from the airport’s taxi ranks had an immediate…
Tapio Bernhard Schutte, Chairman of TAPiO Management Advisory Sdn Bhd and World Economic Council (WEC) Ambassador to Malaysia. Photo: Courtesy of Tapio Bernhard Schutte By TENGKU NOOR SHAMSIAH TENGKU ABDULLAH KUALA LUMPUR: The university degree students are pursuing today may lose its value before they graduate. Medical professionals who practise without artificial intelligence support may…
Saks Off 5th is getting deep-sixed. The discount chain is closing 57 stores — the vast majority of its locations — in the coming weeks as part of Saks Global’s recent bankruptcy filing, the company said on Thursday. Liquidation sales at 34 Saks Off 5th stores will begin Saturday. Another 23 stores are slated to…
If you have a Synergy Restaurant Gift Card in your wallet, you’re out of time to use it. The San Diego-based company, which offers multi-restaurant gift cards for dozens of cities across the U.S., announced in a statement issued Thrusday that it plans to file for Chapter 7 bankruptcy protection and that it was winding…
As the cost of health care continues to be a nationwide issue, an Alexandria couple has launched a fundraiser to help regional residents burdened by medical debt. Scott and Kara Pitek introduced the campaign through the nonprofit Undue Medical Debt, which was established by former debt collectors to purchase and eliminate medical debt. Funds raised…
Following the news of Native Instruments going into preliminary insolvency proceedings, the brand’s CEO, Nick Williams, has issued an update via NI’s blog page. He assures the community of creators, customers and partners that it’s “business as usual at Native Instruments, iZotope, Plugin Alliance and Brainworx.” Since the news spread, the internet has been rife…
Solfest, an independent music and arts festival, was first held on the Solway coast near Silloth in September 2004. “After more than 20 years as one of the UK’s most established family festivals, the organisers of Solfest have taken the difficult decision to place the company into liquidation,” the organisers said in a statement. “This…
New wave of zombie companies in ‘critical distress’ The Times Read the original article here