Georgia Furniture Mart is closing permanently after 40 years of serving the Atlanta metropolitan area, with liquidation sales beginning Thursday at its Norcross and Kennesaw locations. The closure marks the end of a furniture retail era that began in 1986 under the name Underpriced Furniture before rebranding as Georgia Furniture Mart in 2020. Owners Michael…
KJ Parker Ltd has gone into voluntary liquidation, leaving 70 creditors across the UK fearing they will never receive the money they are due. Based at the Orion Business Centre in Wide Lane, KJ Parker owes various sums to a raft of other companies. It comes after new figures showed that activity in the UK…
The liquidator of collapsed buyers’ agency Dashdot expects to retrieve a $70,000 loan made to its founders, with less hope of recovering a $3 million inter-company loan for Dashdot’s long list of creditors. A June report from liquidator Rebecca Gill has shed more light on the finances of Dashdot Pty Ltd, which suddenly caved in…
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REVEALED: Latest business liquidations in Scenic Rim The Courier Mail Read the original article here
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Stirling Sports franchisee collapse leaves creditors facing $2.245m shortfall Stuff Read the original article here
The founders of prominent activewear brand Stax have publicly apologised to customers who have been left with unfulfilled orders, as the once multimillion-dollar retail operation formally enters liquidation. Stax was placed in receivership in June but continued to trade while receivers from FTI Consulting urgently assessed the business. Related Article Block Placeholder Article ID: 340412…
However, Hunt’s second liquidator report has revealed a worsened position, with creditors of all classes owed a combined $2.245 million. Over the past six months of the company’s liquidation, Hunt has sold plant, equipment and stock at auction for a total of $97,008, although $19,473 of this was distributed for auction costs and commissions. Hunt…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…