Electric Guitar confirmed on Tuesday that 3radical, previously its primary operating subsidiary, had entered creditors’ voluntary liquidation following shareholder and creditor approval on 23 December. The AIM-traded firm said Christopher Errington and Paul Ellison of KRE Corporate Recovery were appointed as joint liquidators. As a result of the liquidation, Electric Guitar was no longer controlling…
British cycling company Spoon Group, the owner-operator of bespoke bike brands Spoon Customs and WyndyMilla, as well as custom paint business Gun Control, has entered liquidation, following extensive efforts to adapt to what the group’s owner described as the ongoing “challenging market conditions” affecting the bike industry in recent years. At the start of 2020,…
Poultry producer Daybreak faces liquidation threat over R42m debt News24 Read the original article here
Electric Guitar confirms liquidation of 3radical Proactive Investors UK Read the original article here
Bristol technology firm 3radical has entered liquidation after no offers for the business as a going concern were received. The decision was confirmed yesterday after being approved by creditors. Christopher Errington and Paul Ellison of KRE Corporate Recovery have been appointed as joint liquidators of 3radical. It comes just eight months after the audience engagement…
Electric Guitar PLC Faces Operational Shift as 3radical Limited Enters Liquidation TipRanks Read the original article here
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Party City on Saturday filed for Chapter 11 bankruptcy protection in the Southern District of Texas. The party supplies specialist also announced it will close its entire footprint, which at the time of its bankruptcy…
Party City’s going out of business sales have started at over 600 locations nationwide, including five in the Las Vegas Valley. After CEO Barry Litwin announced on Dec. 20 that the company was going out of business, the party supplies retailer started sales at 692 locations. Discounts of up to 50 percent off all items…
SINGAPORE – On Nov 11, online marketplace Qoo10 was declared insolvent by the Singapore High Court and ordered to be wound up. It is one of the most high-profile business failures in 2024. Other than Qoo10, the fallout from some once high-flying companies that failed in the past few years – namely Hin Leong, the…
XLMedia announced a series of board changes on Monday, as it progressed toward a planned liquidation following the sale of substantially all of its assets. The AIM-traded company confirmed its focus on cost reduction and effective governance as it prepared to return capital to shareholders and conclude its operations. An initial return of capital was…