Syracuse, N.Y. – Liverpool-based Metro Mattress Corp. is seeking permission in bankruptcy court to close all its remaining stores, saying it does not have the “financial wherewithal” to continue operating. The bedding retailer was operating a chain of 70 stores in New York and New England when it filed for protection from creditors under Chapter…
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Natural Cool Holdings Receives S\$382,243.50 Dividend from Subsidiary Liquidation — What Investors Need to Know Key Points from the Announcement Dividend Receipt: Natural Cool Holdings Limited and its subsidiaries have received a first and final dividend totaling S\$382,243.50 from the liquidators of Natural Cool Investments Pte. Ltd. (NCI), following the creditors’ voluntary winding-up of NCI.…
Silicom Struggles To Make Ends Meet But Trades For Liquidation Value (NASDAQ:SILC) Seeking Alpha Read the original article here
Supervisor claims unfair dismissal after company announced liquidation plans HRD America Read the original article here
‘Toughest decision I’ve ever made’: Roofer liquidates company with $850k shortfall The Press Read the original article here
Two Southern Lakes cleaning and laundry businesses, both with the same director, are insolvent and have been placed into liquidation. Brenton Hunt, of Insolvency Matters, was appointed liquidator of Busy Lizzy Queenstown Ltd earlier this week after the company was placed in liquidation by special resolution of the shareholders. In his first report, Mr Hunt…
The collapse of large retailer Smiths City has liquidators expecting many creditors will go unpaid after adding up more than $26.8 million in liabilities. About 240 companies are owed money and unsecured creditors are also likely to be out of pocket after liquidators Colin Gower and Diana Matchett from BDO Christchurch combed through the company’s…