Sports Authority holds out hope for last-minute sale to stave off liquidation – The Denver Post

Sports Authority is still pursuing a “robust” sale process and is not fully liquidating just yet, attorneys for the sporting goods retailer told a federal bankruptcy judge on Tuesday. Several parties have expressed interest in all or most of the Englewood-based company’s assets, attorney Robert Klyman told Judge Mary Walrath at a hearing in the…

Insolvency Service to investigate BHS’s slump into administration – The Guardian

The government has ordered the insolvency watchdog to launch an immediate investigation into the circumstances surrounding BHSs slump into administration. The business secretary, Sajid Javid, instructed the Insolvency Service to consider the extent to which the conduct of the directors of BHS led to its collapse into insolvency last week, putting 11,000 jobs at risk.…

Receivers Make Public AlixPartners’ Final Report on Bulgaria’s Insolvent KTB – Novinite.com

The head office of collapsed Corporate Commercial Bank (KTB) in Sofia. The receivers of insolvent Corporate Commercial Bank (Corpbank or KTB) have made public a report tracking the assets of Bulgarias fourth-largest lender. An English-language version of the final report, prepared by UK-based consultancy AlixPartners in September 2015, had been initially submitted to Parliaments Secret…

Queensland Arts Council goes into voluntary administration – Brisbane Times

Premier Annastacia Palaszczuk has affirmed her commitment to regional schools arts touring as the organisation responsible for delivering the program battles extreme financial hardship. Artslink Queensland, formerly known as the Queensland Arts Council, has entered voluntary administration with the first creditors meeting held on Tuesday morning. Artslink Queensland, formerly known as the Queensland Arts Council,…