Value City fails to attract a buyer, store liquidation to begin – Louisville Business First The Business Journals Read the original article here
‘Insolvency is of a company, not a real-estate project’: Baijayant Panda rejects project-wise codification… Moneycontrol Read the original article here
Closing sales began last Friday at its four remaining St. Louis-area stores. ST. LOUIS — Value City Furniture is in its final months of operation, and going-out-of-business sales are underway, including at the chain’s four remaining St. Louis-area stores. An auction for its parent, American Signature Inc., that was slated for last week was canceled…
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REVEALED: Latest business liquidations in Scenic Rim The Courier Mail Read the original article here
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In an unusual appeal, the unionized pilots of Spirit Airlines have written to the company’s bondholders to urge them to continue backing the company’s reorganization in bankruptcy court, and to reject a liquidation “that would destroy South Florida’s hometown airline.” The open letter, written on behalf of the Spirit contingent of the Air Line Pilots…
Frankie Dettori, the renowned three-time champion Flat jockey in the UK, currently faces a significant tax debt, totaling £765,000. This debt stems from the liquidation of his companies, Frankie Dettori Limited and Newmarket Activities Limited. Background on Bankruptcy and Tax Debt In March of last year, Dettori revealed that he had been declared bankrupt by…
$45m in limbo: Elderly investors put millions into firm now under investigation Stuff Read the original article here