After 39 years in business, high-end fashion retailer Harrolds was placed into liquidation earlier this month with debts of $http://www.businessnewsaustralia.com/12.5 million, but a message on the company’s website has alluded to a possible resurrection of the business. Andrew MacNeill, of SMB Advisory, was appointed liquidator to four subsidiaries of the Melbourne-based Harrolds Group on 3…
(Bloomberg) — Hong Kong gym chain Physical Beauty & Fitness Holdings Ltd. received a liquidation order in Hong Kong after the judge said the company is insolvent. The company’s assets, mainly gym and beauty equipment after adjustments, are worth just over HK$15 million ($1.9 million), Judge Linda Chan said at a court hearing on Monday.…
Hong Kong Gym Chain Physical Heads to Liquidation After Hearing Bloomberg Read the original article here
Hong Kong Gym Chain Physical Heads to Liquidation After Hearing Bloomberg Read the original article here
A High Court judge will decide whether the companies should be liquidated following a hearing scheduled for February 4. If liquidation occurs, liquidators’ reports should shed more light on the companies’ outstanding debts. In the meantime, Inland Revenue declined to comment. In a statement, Mills said he had spent the past eight months negotiating with…
Sky high lifeline for Rex Airlines 815ee3948d7958dc7ccd698b37780412 … Read the original article here
Mount Isa Rodeo – largest rodeo in southern hemisphere – enters voluntary administration MSN Read the original article here
Water bottling company in liquidation owing creditors $2.6 million Stuff Read the original article here
The National Company Law Appellate Tribunal (NCLAT) has set aside the penalty imposed against lenders of debt-ridden Mudra Denim, saying there was no laxity on their part for delay in insolvency process. The Mumbai bench of the National Company Law Tribunal had, on November 11 last year, while deciding creditors’ plea seeking extension of deadline…
Nathan and Felicity Cowan announced on social media that Billson’s would continue. Photo: Facebook. Beechworth’s iconic drinks brand Billson’s Beverages Pty Ltd looks set to avoid liquidation after creditors voted to keep the battling brewery alive. “After an uncertain year, we are thrilled to share that we have made significant progress in securing the future…