Hudson’s Bay receives court approval for revised liquidation plan, excludes six locations

Hudson’s Bay Company began liquidation sales on Monday, while temporarily excluding six stores from the initial process. Hudson’s Bay receives court approval for revised liquidation plan, excludes 6 locations. – Hudson’s Bay The Canadian retailer received court approval on Friday to move forward with a revised liquidation plan as part of its ongoing Companies’ Creditors…

Analysis: Resorthoppa brought low by…

Transfer provider Resorthoppa (UK) had been loss-making for years and only emerged from a corporate voluntary arrangement (CVA) last November before going into administration this month. However, the failure can be traced back to the collapse of Lowcost Travel Group in 2016 which left Resorthappa to write off a debt of £1.3 million. Resorthoppa (UK)…