Canadian department store retailer Hudson’s Bay Company said on Friday it has failed to secure sufficient financing to go ahead with a restructuring transaction under the Companies’ Creditors Arrangement Act. Hudson’s Bay The Toronto-based company said it has only secured limited debtor-in-possession financing that will require the full liquidation of the entire business, added that a store-by-store liquidation process will…
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Canada’s oldest company seeking to liquidate Global News Kingston Read the original article here
Sharvain Facades goes into voluntary administration MSN Read the original article here
NEW YORK – The US operator of fast-fashion retailer Forever 21, a brand that once attracted droves of young women and girls to shop for cheap, trendy clothing, filed for Chapter 11 bankruptcy for the second time in six years. The move likely means liquidation for the company, which was unable to find a buyer for its…
Sharvain Facades goes into voluntary administration MSN Read the original article here
Last Updated:March 17, 2025, 10:37 IST Ola Electric Mobility’s shares dropped 3.8% following the disclosure of an insolvency petition filed against its subsidiary, Ola Electric Technologies Ola Electric Scooter. (File photo) Ola Electric Shares: Shares of Ola Electric Mobility fell 3.8%, hitting an intraday low of Rs 48.61 on the BSE on Monday, March 17,…
** Shares of Ola Electric Mobility OLAELEC fall 3.7% to 48.62 rupees ** Rosmerta Digital Services, an operational creditor of Ola Electric Technologies, files a petition for initiation of corporate insolvency resolution process against OLAE’s subsidiary Ola Electric Technologies ** Petition was filed alleging default in payment towards services rendered ** Ola Electric denies the…
From Rescue to Ruin: The Supreme Court’s Judgment in Jet Airways and the Future of Airline Insolvencies Lexology Read the original article here
Sharvain Facades goes into voluntary administration MSN Read the original article here