Bankrupt iconic retail chain begins liquidation, closing stores – MSN
Bankrupt iconic retail chain begins liquidation, closing stores MSN Read the original article here
IBBI mandates ‘robust’ disclosure of losses carried forward in CIRP – Banking & Finance News
The Insolvency and Bankruptcy Board of India (IBBI) has tightened disclosure requirements for insolvency professionals, mandating them to include “comprehensive details” of carry forward of losses in the information memorandum prepared during the corporate insolvency resolution process (CIRP). This enhanced disclosure framework is intended to provide potential resolution applicants with more comprehensive understanding of a…
Compulsory liquidations hit decade-long high as firms face rising costs
Some 393 companies were forced to wind up in February across England and Wales – the highest monthly number since September 2014, the Insolvency Service said. Compulsory liquidation is when a firm is ordered to shutter by a court because it is unable to pay its debts. Meanwhile, the number of overall companies closing down…
Former staff of South Canterbury business paid, liquidators say – The Press
Former staff of South Canterbury business paid, liquidators say The Press Read the original article here
Hudson’s Bay Company Faces Uncertain Future Amid Possible Liquidation
While the future of the Hudson’s Bay Company remains uncertain, its Langley location offered signs Monday (March 17, 2025) of impending closure. The atmosphere inside the store reflected dwindling inventory and bare shelves. Cases once filled with watches were now empty, cosmetics counters were unattended, and employees revealed some unsettling news to customers, stating, “We…
Liquidated school lunch provider Libelle Group owes more than $14 million – Stuff
Liquidated school lunch provider Libelle Group owes more than $14 million Stuff Read the original article here
Hudson’s Bay Pushes for Full Liquidation as Court Weighs Decision
Junior Canadian Ranger Nova Gull in front of the abandoned Hudson’s Bay Company trading post at Lake River in Polar Bear Provincial Park. credit: Canadian Rangers Hudson’s Bay seeks court approval for full liquidation as financial struggles push the retailer to the brink TORONTO, ON – The future of Hudson’s Bay hangs in the balance…
Controversial preschool group KleuterZone placed into provisional liquidation – News24
Controversial preschool group KleuterZone placed into provisional liquidation News24 Read the original article here
Bankrupt iconic retail chain begins liquidation, closing stores – TheStreet
Bankrupt iconic retail chain begins liquidation, closing stores TheStreet Read the original article here
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