Stirling Sports franchisee collapse leaves creditors facing $2.245m shortfall – Stuff
Stirling Sports franchisee collapse leaves creditors facing $2.245m shortfall Stuff Read the original article here
Stirling Sports franchisee collapse leaves creditors facing $2.245m shortfall Stuff Read the original article here
The founders of prominent activewear brand Stax have publicly apologised to customers who have been left with unfulfilled orders, as the once multimillion-dollar retail operation formally enters liquidation. Stax was placed in receivership in June but continued to trade while receivers from FTI Consulting urgently assessed the business. Related Article Block Placeholder Article ID: 340412…
However, Hunt’s second liquidator report has revealed a worsened position, with creditors of all classes owed a combined $2.245 million. Over the past six months of the company’s liquidation, Hunt has sold plant, equipment and stock at auction for a total of $97,008, although $19,473 of this was distributed for auction costs and commissions. Hunt…
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Global Vision International (GVI), based in Exeter, offered charitable travel programmes across the globe for 28 years, providing placements in conservation, education, and community development in countries such as Costa Rica and Fiji. The company announced its closure at the start of July, leaving customers unable to travel. Many of those affected are gap year…
REVEALED: Latest business liquidations in Moreton Bay The Courier Mail Read the original article here
The company announced its closure at the start of July, leaving customers unable to travel. Many of those affected are gap year students and recent graduates who had paid for placements intended to boost their education and career prospects. UK travel company GVI enters liquidation GVI offered programmes including nature and conservation trips, including locations…
A Midlothian distillery that was previously branded ‘stunning’ has collapsed into liquidation. Secret Garden Distillery has been ‘voluntarily wound up’ after almost a decade. Business advisory group Opus Restructuring LLP has been appointed as joint administrators. The reason for calling in liquidators is not currently known, reports the Daily Record. However, documents on the Companies…
Young travellers are left out of pocket as conservation travel firm enters liquidation TheBusinessDesk.com Read the original article here
General manager Ashley Boyd said a special general meeting will be announced soon to give members the opportunity to vote on the incoming board. “Last Tuesday (July 7) we had our second meeting with creditors and put forward what’s called a Deed of Company arrangement,” Mr Boyd said. “That was accepted, providing we can continue…