Administrators outlined a series of efforts to help the historic high street firm and added that creditors now face losing £3m, my exclusive story revealed. The news follows the April closure of the last 154 Claire’s Accessories UK and Ireland stores led to 1,300 redundancies. It came after Philip Dakin, Benjamin Wiles and Janet Burt of…
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Nigeria’s total public debt has climbed to N159.27 trillion, rising by N14.6 trillion in just one year as the federal and state governments continue to borrow to fund their operations and projects. The latest figure released by the Debt Management Office (DMO) shows that the country’s debt rose from N144.67 trillion at the end of…
Auckland casting agency in liquidation owing over $450k Stuff Read the original article here
Altech Batteries Flags Insolvency Filing for German Joint Venture Altech Batteries GmbH Kalkine Read the original article here
The founder of Proud Poppy Clothing has told her customers it’s “business as usual” after the clothing retailer fell into voluntary administration last week. Proud Poppy Clothing operates an online shop front, as well as a small number of physical retail stores in Victoria and Queensland. Related Article Block Placeholder Article ID: 342632 Known for…
Lee Jae-myung backs debt relief; FSC readies incentives and penalties – CHOSUNBIZ Chosunbiz Read the original article here
PARTIES in the commercial world have been exposed to insolvency, which has increased and unsurprisingly spread to the international supply chain.
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