The U.S. retail brand Big Lots has announced Going Out of Business (GOB) sales across all its remaining locations. The decision comes after the company failed to finalize its planned asset purchase agreement with Nexus Capital Management. This move was initially expected to help the company recover its financial situation. The retail chain is loved…
It was revealed this week Roto Whare owes money to several Rotorua businesses, but the biggest debt of $28.2 million is to an American business, Florida-headquartered financier Quaestor Advisors LLC, of Jacksonville. Details of what Roto Whare owed were revealed in the liquidator’s first report. Among Rotorua businesses out of pocket were Metal Line Roofing,…
William Clark & Sons: Historic NI linen firm enters liquidation after owner fails to find buyer Belfast Telegraph Read the original article here
Two popular Melbourne venues have collapsed owing more than $1 million to creditors as administrators urgently seek a buyer to keep the “much-loved, iconic” hospitality businesses afloat. Tracey Lester, owner of The Carlton Club and the Windsor Castle Hotel, brought in Cor Cordis administrators Rachel Burdett and Shaun Matthews late last month to explore either…
Discount retailer Big Lots is poised to close all of its remaining Connecticut stores after the company’s bankruptcy restructuring plans collapsed, according to the company.“The company is preparing to commence going out of business sales at all remaining Big Lots store locations in the coming days to protect the value of its estate,” Big Lots…
Your browser is not supported | usatoday.com usatoday.com wants to ensure the best experience for all of our readers, so we built our site to take advantage of the latest technology, making it faster and easier to use. Unfortunately, your browser is not supported. Please download one of these browsers for the best experience on…
EL PASO, Texas (KFOX14/CBS4) — Big Lots is set to begin “going out of business” sales at its remaining 963 locations after a deal to save the bankrupt retailer fell through. The company announced in September that it was selling its assets to private equity firm Nexus Capital Management. However, Big Lots said Thursday it…
A petition for Forsyth Marine Consultancy Ltd, which has a registered office on Rose Street in the city, was presented on December 3. It requested that the firm be wound up and a liquidator appointed. READ MORE: Jeremy Corbyn calls on Labour to say who minister met on Israel trip The court action was on behalf…
Major construction company goes into voluntary administration MSN Read the original article here
The Queensland government has made a final bid to save the Mount Isa Rodeo — the largest event of its kind in the southern hemisphere — after it entered voluntary administration in October. In November, a final report by administrators SV Partners found at least 83 creditors were owed $1.9 million with a shortfall of…