VANCOUVER (NEWS 1130) Sears Canada has been granted permission by the courts to close all its remaining stores. Creditors [wanted] to push Sears Canada into the liquidation phase because they figure they can maximize what they can get out of the company as people start doing their Christmas shopping, says NEWS 1130 Business Editor Mike…
NEW DELHI: LIC Housing Finance has filed an application before the National Company Law Tribunal (NCLT) to start insolvency process against DB Realty for recovery of Rs 30.63 crore outstanding loan, the Mumbai-based developer said. DB Realty said both the parties are in talks to settle this outstanding loan. In a filing to the BSE,…
New Delhi, Oct 13 () LIC Housing Finance has filed an application before the National Company Law Tribunal (NCLT) to start insolvency process against DB Realty for recovery of Rs 30.63 crore outstanding loan, the Mumbai-based developer said. DB Realty said both the parties are in talks to settle this outstanding loan. In a filing…
Tier one Addleshaw Goddard LLP – Manchester DLA Piper UK LLP – Manchester and Liverpool Tier two Eversheds Sutherland (International) LLP – Manchester Gateley Plc – Manchester Pinsent Masons LLP – Manchester Squire Patton Boggs – Manchester Tier three DWF – Manchester Turner Parkinson LLP Manchester Tier four Bermans – Manchester Brabners LLP – Manchester…
The Bellambi Bunnings site recently. Andrew Marks, Bunnings general manager property said, we are working with a number of sub-contractors to complete the remaining construction works”. Picture: File image More than 200 creditors could be out of pocket by up to $6 million due to a prominent local building companys financial woes. Edwards Constructions (NSW) Pty…
They carry such a wide variety of clothing and housewares and bedding. We have fewer and fewer places on P.E.I. to shop, so its disappointing that its closing, she said. The company announced earlier in the day that it failed to find a buyer that would allow the business to operate for the foreseeable future…
Adelaide-based distributor BMS Technology has entered into voluntary administration after more than three decades in business. BMS, whose portfolio includes Canon, Intel, Microsoft and Toshiba, sought the services of Adelaide-based Macks Advisory, with Peter Macks and Ian Burford named as the administrators. The company is headquartered in Adelaide with offices in Melbourne and Perth. Peter…
HOUSTON, Texas (KTRK) — This year-round liquidation company may have some of the best deals in town. Kenneth Sheffield with Sheffield & Sheffield Liquidation makes his living buying overstock items from big box retailers and selling them at liquidation prices to the public. Top name brands include Dewalt, Milwaukee, Ryobi and Hampton Bay. Most of…
Sears Canada said Tuesday it plans to seek court approval to begin liquidation of all of its remaining stores and assets, a move that would see about 130 outlets close and put about 12,000 employees out of work. “Sears Canada, with the recommendation of its advisers and approval of the monitor, FTI Consulting Inc., is…
KOLKATA: Nicco Corporation, a specialised cable maker and a defaulter of nearly Rs 300 crore of bank loans, is all set to face liquidation as lenders led by State Bank of India voted against the resolution plan prepared by the company, according to three people familiar with the development. Nicco was one of the first…