Collapsed Aussie activewear brand Stax has more than $1.7 million in outstanding orders owed to thousands of customers, along with thousands owed to employees and other creditors. The embattled brand’s financial affairs have been laid bare in a new liquidators’ report to creditors. After being placed into receivership in June, Stax entered voluntary liquidation on…
A UK travel company that has been in business for 22 years has plunged into liquidation. Yourtravelshop.com ltd organised thousands of pilgrims across the world. According to its website, the Ilford-based organisation has planned Hajj, Umrah, and Ziyarat journeys for over 35 years, officially operating as yourtravelshop.com Ltd since 2004, as per Companies House. On…
Adslot Cuts Operating Costs by 48% as Subsidiary Enters Voluntary Administration and Focus Narrows to Three Core Business Units Kalkine Read the original article here
[Sportschosun Jeong An-ji reporter] Cheolgu, a first-generation internet broadcaster (BJ) whose real name is Lee Ye-jun, 36, has made a startling confession about gambling trips to The Philippines, illegal private loans, tens of billions of won in unpaid taxes, and debts owed to fellow broadcasters. He also said he would turn himself in to…
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REVEALED: Latest business liquidations in Vincent The Daily Telegraph Read the original article here
Restaurant chain Burger Burger has gone into liquidation shortly after the company announced it was owing $1.8 million, including debt to suppliers, rent and GST. Burger Burger Limited and Burger Burger IP Limited were both placed into liquidation on July 24. In June, the restaurant chain’s director Mimi Gilmour told RNZ spending in restaurants had…
Burger Burger Limited and Burger Burger IP Limited were both placed into liquidation on 24 July. In June, the restaurant chain’s director Mimi Gilmour told RNZ spending in restaurants had dropped “through the floor”. “We’ve just gone through the worst two years of trading along with everybody else, and the pressure just kept building, and…
Thousands set for lifeline after £285,000 boost for Leeds debt advice service Yorkshire Evening Post Read the original article here
REVEALED: Liquidator appointments for businesses in the Hobart council area for July 28 The Mercury Read the original article here