The liquidation of Kester Black Ltd — the New Zealand business of the cosmetic and skincare brand started by Wānaka woman Anna Ross — has been completed. In July last year, the Australian-registered arm of the business, Kester Black Pty, entered voluntary administration, while the New Zealand business was put into liquidation the following month, with…
OPINION | How courts are clamping down on business rescue abuse News24 Read the original article here
Hudson’s Bay begins liquidation, but best deals yet to come MSN Read the original article here
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Number of company bankruptcies rises to record high in 2024 Keystone-SDA Listen to the article Listening the article Toggle language selector … Read the original article here
Introduction: A new dawn for corporate insolvency? The Insolvency and Bankruptcy Board of India (IBBI), through its Notification No. IBBI/2024-25/GN/REG1221 dated 3-2-2025, has unveiled a suite of amendments to the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 20162. Effective from 3-2-2025, these reforms aim to inject transparency, efficiency, and…
Sharvain Facades goes into voluntary administration MSN Read the original article here
Hudson’s Bay says it has notified about 200 of its staff working in corporate roles that their employment will be terminated next week. Company spokesperson Tiffany Bourré said Friday that the move is a result of the restructuring process underway at the department store chain after it filed for creditor protection earlier in the month.…
Genetic Technologies Executes Deed of Company Arrangement Amid Voluntary Administration MSN Read the original article here
Hudson’s Bay has begun liquidating all but six of its stores after the company filed for creditor protection earlier this month. Here’s how the process is unfolding so far: Which stores are part of the liquidation? Hudson’s Bay is liquidating all but six of its stores. It has 80 stores under the Hudson’s Bay banner,…