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‘It was always a question of when, not if,’ David Ian Gray says of Hudson’s Bay Co.’s misfortunes As the fate of Hudson’s Bay Co. is decided in a liquidation process overseen by the courts, one retail expert says this moment was a long time coming. HBC’s misfortunes are tied to the company’s failure to be…
The Supreme Court of New South Wales awarded a personal costs order against voluntary administrators appointed on the afternoon before the hearing of an application to wind up CII Group Pty Ltd (In Liquidation) ACN 106 253 310 (CII) for applying to adjourn the hearing pursuant to section 440A(2) of the Corporations Act 2001 (Cth)…
The Supreme Court of New South Wales awarded a personal costs order against voluntary administrators appointed on the afternoon before the hearing of an application to wind up CII Group Pty Ltd (In Liquidation) ACN 106 253 310 (CII) for applying to adjourn the hearing pursuant to section 440A(2) of the Corporations Act 2001 (Cth)…
This article first appeared in the International Comparative Legal Guide – Restructuring & Insolvency 2025, which covers common issues in restructuring and insolvency, including issues that arise when a company is in financial difficulties, restructuring options, insolvency procedures, tax, employees and cross-border issues. 1. Overview 1.1 Where would you place your jurisdiction on the spectrum…
A popular women’s activewear business that is headquartered in Noosa has entered voluntary administration, with creditors claiming they are owed more than $640,000. Exotic Athletica Pty Ltd appointed administrators on April 9, a notice with the Australian Securities and Investments Commission states. The company operates the fashion label Exoticathletica, which according to its website was…
Liquidator’s report outlines Hāwera restaurant’s struggles thepost.co.nz Read the original article here
Record subscription company Vinyl Me, Please has been accused of going cold on its customers as it enters liquidation, per The Denver Post. The Denver-based company – which offered a pay-monthly subscription service where members could receive “exclusive records” – reportedly emailed customers to inform them that they entered liquidation last month. A Reddit user…
Open this photo in gallery: People walk by a Hudson’s Bay store.Isabella Falsetti/The Globe and Mail Hudson’s Bay Co. is seeking court approval to repay millions owed to its senior lenders, as the retailer’s liquidation sales continue to clear out its stores across the country. The company plans to repay up to approximately $165-million outstanding…
The Leeds-based practice, formerly known as 2B Architecture, designed major housing schemes for developers such as Igloo Regeneration, Citylife and Citu – as well as a plan for Yorkshire’s tallest building and an 8,000 seat arena in Edinburgh. But the company, whose accounts show it employed up to nine people in 2020, stopped trading on…