Iconic retail food company closing down, no bankruptcy filing yet – TheStreet
Iconic retail food company closing down, no bankruptcy filing yet TheStreet Read the original article here
Rosmerta Digital seeks insolvency plea against Ola Electric over payment default, ET Auto
Ola Electric renegotiated its terms with its vendors, Rosmerta Digital Services and Shimnit India, to reduce costs and enhance registration process efficiencies. An insolvency plea has been filed against Ola Electric by Rosmerta Digital Services on Saturday, March 15 over alleged default in payments, as stated in Ola’s exchange filings. Rosmerta Digital Services was responsible…
Hudson’s Bay to liquidate entire business, still seeking additional capital
“Our team has worked incredibly hard to identify a viable path forward, and our resolve is strengthened by the overwhelming support from customers and associates who have shared heartfelt stories about Hudson’s Bay and what our stores have meant to them, their families, and their communities across the generations,” said Hudson’s Bay president and CEO Liz Rodbell in a…
Garda fraud squad investigate Carlow fruit and veg wholesaler that’s been in liquidation for a decade
Carlow firm Swan Fruit Limited once had a turnover of €40m but was placed into voluntary liquidation in 2014, owing more than €2m to creditors Photo: Getty A Carlow fruit-and-vegetable wholesaler in liquidation for more than a decade is now under investigation by the Garda National Economic Crime Bureau (GNECB). Carlow firm Swan Fruit Limited…
Aussies scoop up cheap gifts from sports company liquidation – The Courier
Aussies scoop up cheap gifts from sports company liquidation The Courier Read the original article here
Libelle announces sale of school lunches operation
School lunch provider Libelle Group has been placed into liquidation. Photo: RNZ / Louise Ternouth Libelle Group, a major provider of school lunches that went into liquidation this week, has agreed to sell its lunch operation to Compass Group NZ. Compass had contracted with Libelle previously to deliver 125,000 meals a day as part of…
Hudson's Bay owes almost $1M on Island; mall operator biggest creditor – Times Colonist
Hudson’s Bay owes almost $1M on Island; mall operator biggest creditor Times Colonist Read the original article here
Customers flock to Hudson’s Bay ahead of liquidation – Winnipeg Free Press
A Minnesota senior who drove seven hours to stock up on items at a Hudson’s Bay store is ‘grieving’ the potential loss of the iconic chain. The Bay filed for creditor protection last week. Then, on Friday night, it announced it will begin liquidating its entire business as soon as next week, pending court approval.…
Hudson’s Bay to liquidate business, owes Island creditor companies
Hudson’s Bay, Canada’s oldest company, is hoping it can avoid a shut down by announcing a liquidation strategy amid financial struggles. On Friday, the department store company said unless it finds a more viable path forward, it will begin liquidating its entire business as soon as next week. “Devastating,” Victoria shopper Maggie said on Saturday.…
Hudson’s Bay plans ‘immediate’ liquidation of entire business – MSN
Hudson’s Bay plans ‘immediate’ liquidation of entire business MSN Read the original article here