WENN Sir Philip Green apologised to the staff of collapsed British Home Stores The combative former BHS owner also admitted selling the chain to the wrong guy as he was grilled by MPs at Westminster for nearly six hours. At one point he threatened to walk out in protest at what he claimed was a…
Administrators are trying to work out what caused the financial collapse of a NSW north coast baby carrier company. The directors of Hug-a-Bub Australia Pty Ltd, based at Byron Bay, put the company into voluntary administration on Monday. Founded 15 years ago by two mums, the company made organic baby carriers, wraps and slings.…
Agriculture and animal husbandry, industry (production) and real estate are the main fields affected by insolvency in the first half of 2016, according to an analysis by Casa de Insolventa Transilvania (CITR) on companies of impact in the economy (companies with fixed assets exceeding EUR 1 million). In the same period of 2015 the main…
CablePrice in Whangarei has lost a bid to liquidate Taimona Haulage. Photo / Michael Cunningham A Whangarei company which tried to liquidate another commercial entity over an unpaid bill not only failed in its bid but also had costs awarded against it. CablePrice in Whangarei applied to the High Court at Whangarei under the Companies…
Disruption to strategies and operating models is seeing a growing number of incumbents finding themselves in stress and crisis, as disruptive players leveraging technology are transforming business models and client relationships. According to a new study, the trend is sparking an increased demand for restructuring services and Chief Restructuring Officers to redesigns and crisis situations. The current period is one of…
CablePrice in Whangarei has lost a bid to liquidate Taimona Haulage. Photo / Michael Cunningham A Whangarei company which tried to liquidate another commercial entity over an unpaid bill not only failed in its bid but also had costs awarded against it. CablePrice in Whangarei applied to the High Court at Whangarei under the Companies…
THE maker of a child sling described as the Mercedes of Baby Carriers has gone into voluntary administration due to mounting debts. Byron Bay based Hug-a-Bub, which makes baby carriers, slings and wraps was forced to call in administrators on Monday after it was declared insolvent. The company was established 15 years ago by mother-of-five…