A major provider of the government’s troubled free school lunch programme owes more than $14 million to hundreds of creditors after going into liquidation last week. Libelle Group was contracted by Compass to deliver 125,000 meals a day as part of the Ka Ora, Ka Ako programme, but after its liquidation, Compass agreed to buy…
Breadcrumb Trail Links News Retail & Marketing Like many brick-and-mortar stores, the retailer, with 80 full-line stores across Canada, struggled to compete with e-commerce Get the latest from Naimul Karim straight to your inbox Sign Up Published Mar 18, 2025 • Last updated 3 hours ago • 4 minute read You can save this article by…
Forever 21 to Close Annapolis Mall Store Amid Company-Wide Liquidation Eye On Annapolis Read the original article here
Compulsory liquidations hit decade-long high as firms face rising costs MSN Read the original article here
Hudson’s Bay liquidation sales could start as soon as Tuesday CityNews Ottawa Read the original article here
Bankrupt iconic retail chain begins liquidation, closing stores MSN Read the original article here
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…
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 Read the original article here
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…