US corporate bankruptcy filings slow in January

The pace of US corporate bankruptcy filings decelerated at the start of the new year, though companies still face relatively high interest rates and a challenging labor market. S&P Global Market Intelligence recorded 36 bankruptcy filings in January, down from a revised 49 in December 2023 and below most monthly filing totals in the previous…

Gateway Liquor enters into liquidation

Gateway Liquor Wholesalers, a Sydney based distributor, has announced that it is entering into liquidation. The notice was given at a general meeting of the members of the company last Friday 1 March.  The ASIC notice named Clifford John Sanderson and John Raymond Gibbons as liquidators. However, a timeline of the process is yet to…