Trade creditors with security are owed $3.1m. There are 598 unsecured creditors who are owed just over $34.9m. This includes $4.1m owing to trade creditors and $24.4m in intercompany payables. “At this stage, it is unknown if there will be any funds available to make payment to unsecured creditors,” the report said. AdvertisementAdvertise with NZME.…
A beloved Las Vegas liquidation store has opened a new location. Nellis Outlet, the second location of Nellis Auction, opened Nov. 29 inside the Meadows Mall at 4000 Meadows Lane. The liquidation stores buy and resell returned items from places such as Amazon at highly discounted rates. The store is open from Friday to Tuesday,…
Liquidator’s report shows SolarZero creditors are owed $40 million Stuff Read the original article here
CHPT3, the cycling clothing brand founded by former pro racer David Millar, has entered liquidation and ceased trading with immediate effect. The brand’s website now just displays a statement communicating the news, the notice saying that Wilson Field Limited has been instructed to assist in the liquidation and CHPT3 has “now ceased to trade”. It…
Business insolvencies are running at more than double the rate of last year — and one economist says the failure rate exceeds that of the global financial crisis. There were 72 liquidations in October administered by the Insolvency and Trustee Service, just down from 74 in September. Of those, 37 were in Auckland. In comparison,…
Wellington food company in liquidation after 32 years Stuff Read the original article here
Their products could also be found in Wellington’s Moore Wilson’s and Auckland’s Farro Fresh. Alamir’s product range includes hummus, falafel, and pita bread but customers have noticed them missing from supermarket shelves recently. Photo / Alamir Bakery. In 2021, managing director Ali Dia told the Herald the company was started by his father as an…
Cummings to learn training fate as creditors circle Racenet Read the original article here
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Watch: Polish news anchor pulled off air as Tusk reforms take effect Poland’s new pro-EU coalition government has said it is putting the country’s public television, radio and news agency into liquidation. The move comes as part of its pledge to restore impartiality to state media. Last week, Culture Minister Bartłomiej Sienkiewicz took the state…