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Federation Clothing in liquidation – New Zealand Herald

Federation Clothing in liquidation

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Tuesday, 16 February 2016

Federation Clothing and a sister firm with four Auckland stores has gone into liquidation owing creditors more than $1 million.

The business, launched about 15 years ago, is still trading and being put up for sale after liquidators were appointed to Federation Clothing and Laundromat Collective by owners Jenny Joblin and Nicholas Clegg.

Federation Clothing is a wholesaler of streetwear of the same name, which is stocked by Laundromat Collective’s four Auckland stores in the city centre, Newmarket, Takapuna and Onehunga.

Liquidator Peri Finnigan, in a report filed with the Companies Office today, said ASB Bank was owed just over $1 million of secur…

Read the full article at: http://m.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11590535

Category: LiquidationBy Insolvency GuardianFebruary 17, 2016

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Federation Clothing in liquidation – New Zealand Herald

Federation Clothing Ltd. has stores across Auckland. Photo / Facebook
Federation Clothing Ltd. has stores across Auckland. Photo / Facebook

Federation Clothing and a sister firm with four Auckland stores has gone into liquidation owing creditors more than $1 million.

The business, launched about 15 years ago, is still trading and being put up for sale after liquidators were appointed to Federation Clothing and Laundromat Collective by owners Jenny Joblin and Nicholas Clegg.

Federation Clothing is a wholesaler of streetwear of the same name, which is stocked by Laundromat Collective’s four Auckland stores in the city centre, Newmarket, Takapuna and Onehunga.

Liquidator Peri Finnigan, in a report filed with the Companies Office today, said ASB Bank was owed just over $1 million of secured debt by Feder…

Read the full article at: http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11590535

Category: LiquidationBy Insolvency GuardianFebruary 16, 2016

Post navigation

PreviousPrevious post:Kanye West claims to be $53m in debt, and asks Mark Zuckerberg for help – The GuardianNextNext post:Seven GNC LiveWell stores close as voluntary administration continues – SmartCompany.com.au

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June 4, 2025
NCLAT extends stay on insolvency proceedings against Hi-Tech Gears, ET LegalWorld
June 4, 2025
IBBI notifies amendments to streamline corporate insolvency process – MSN
June 4, 2025
RSM expands insolvency services amid elevated bankruptcy rates
June 4, 2025
Greif Nigeria Nears Final Stage Of Voluntary Liquidation
June 4, 2025
Key information relating to payment of liquidation dividend and information about the liquidation balance sheet — TradingView News
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