Insolvency Guardian Media Centre
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KIEL (WLUK) — A 127-year-old, fourth-generation, family-owned business in Kiel is closing its doors.
C.J. Meiselwitz Furniture at 328 Fremont Street will begin its final liquidation Friday.
Founded in 1898 by Carl J. Meiselwitz, C.J. Meiselwitz Furniture has been a defining presence in downtown Kiel for 127 years. The business was originally established as a combined furniture and undertaking operation. In 1922, C.J.’s son, Henry, joined him in the business and the family eventually chose to separate the furniture store and funeral home in 1958. At that time, C.J.’s grandson, William Carl Curry Sr., took over the furniture business, serving as third-generation owner and president until his retirement.
For the past 50 years, two of…
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Antilles Gold Redirects A$3.25m Liquidation Proceeds to Cuban Mine Development TipRanks
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Student loan borrowers face wage garnishments in the new year TheGrio
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Bosque Brewing’s Chapter 11 case dismissed after restructuring effort fails The Business Journals
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The company is also weighing additional ways to shore up liquidity, including raising emergency financing or selling assets, the people said, asking not to be identified because they’re not authorised to speak publicly. Separately, some Saks lenders have held confidential talks in recent days to assess the company’s cash needs, according to other people familiar with the matter. Those discussions have focused on a potential debtor-in-possession loan, a form of bankruptcy funding.
Saks raised billions of…
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UAE president receives banking delegation supporting Emirati debt relief initiative MSN
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President Sheikh Mohamed bin Zayed Al Nahyan on Tuesday received a delegation representing banks and financial institutions that contributed to the initiative to waive the debts of Emiratis facing financial challenges. The initiative is led by the Defaulted Debts Settlement Fund in collaboration with banks and institutions across the country.
During the meeting at Qasr Al Bahr in Abu Dhabi, Sheikh Mohamed expressed his appreciation for their involvement and highlighted the importance of strengthening a culture of social responsibility within the UAE. He noted that the more deeply this sense of responsibility takes root, the more resilient and cohesive the nation becomes.
He commended the initiative for bringing relief and renewed hope to…
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A holiday donation of $230,000 to Montgomery County schools will help some families eliminate a significant amount of meal debt.
The donation from DARCARS Automotive Group and DARCARS Toyota was made through the district’s Educational Foundation’s Dine with Dignity Program. It will chip away at the district’s outstanding meal debt of $1.36 million, according to a statement from the school system.
The donation eliminates two years of meal debt for families that are eligible for the Free and Reduced-price Meals program, also known as FARMs. The donation ensures that eligible families begin 2026 with a “clean financial slate,” the district said.
District Superintendent Thomas W. Taylor called the donation an “incredible act of…
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Metaverse meltdown: Futureverse in liquidation BusinessDesk | NZ