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Liquidation for ‘restructure purposes’ | Otago Daily Times Online News

Liquidation

Queenstown property developer John Darby’s Clearwater Land Holdings Ltd has been placed in liquidation for “restructuring purposes”. Darby is the sole director of the company, which previously owned Christchurch’s Clearwater Golf Course. The company was placed into liquidation last Monday by special resolution of shareholders Clearwater Property Holdings Ltd and Wildlife Investments Ltd. Darby is…

Insolvency: UK‑based LED Studio collapses

Bankruptcy

The consolidation in the LED and Digital Signage market continues. On 20 April, UK‑based LED manufacturer LED Studio filed for insolvency. The company, which manufactures in China, had focused for many years on specialized Digital Signage applications and was a familiar presence at ISE, regularly exhibiting with a large booth. Read the original article here