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Solid Foundation: Napoleon Vote – Power Retail

At the second meeting of creditors of Napoleon Perdis Cosmetics Pty Limited, creditors yesterday voted to support the Deed of Company Arrangement (DOCA) proposed by Henry Lee and Livia Wang of KUBA Investments Pty Ltd.

Wang has a strong retail and e-commerce background as the Managing Director of Access Brand Management, a company which represents businesses looking to do business in mainland China through daigou or other established channels.

Directors, Soula-Marie Perdis and Emanuel Perdis were at the meeting, giving creditors an opportunity to ask them any questions.

This result means that the company will avoid being placed into liquidation and shutdown. The administrators and KUBA will now need to complete some critical…

Read the full article at: https://www.powerretail.com.au/multichannel/solid-foundation-napoleon-vote/

Category: LiquidationBy Insolvency GuardianApril 9, 2019

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Solid Foundation: Napoleon Vote – Power Retail

At the second meeting of creditors of Napoleon Perdis Cosmetics Pty Limited, creditors yesterday voted to support the Deed of Company Arrangement (DOCA) proposed by Henry Lee and Livia Wang of KUBA Investments Pty Ltd.

Wang has a strong retail and e-commerce background as the Managing Director of Access Brand Management, a company which represents businesses looking to do business in mainland China through daigou or other established channels.

Directors, Soula-Marie Perdis and Emanuel Perdis were at the meeting, giving creditors an opportunity to ask them any questions.

This result means that the company will avoid being placed into liquidation and shutdown. The administrators and KUBA will now need to complete some critical…

Read the full article at: https://www.powerretail.com.au/news/solid-foundation-napoleon-vote/

Category: LiquidationBy Insolvency GuardianApril 9, 2019

Post navigation

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May 31, 2025
SDAI Limited Reports No New Developments in Subsidiary Liquidation – TipRanks
May 31, 2025
RPs can now invite interim finance providers to CoC meetings
May 31, 2025
‘Absolutely gutted’: £16,500 Glastonbury packages won’t be fulfilled after company goes bust | Money News
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Seek restructuring support at first sign of distress – GIPC CEO urges businesses
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