Riga, Latvia, 2019-02-05 10:09 CET (GLOBE NEWSWIRE) — On Tuesday, 5 February 2019, on the meeting of shareholders of ABLV Bank, AS in liquidation there was a decision made about the changes in the Liquidation Committee. The shareholders appointed two new liquidators Lauma Brzia and Ringolds Balodis, while Elvijs Vbers shall resign from the position…
German airline Germania said on Tuesday it had filed for insolvency and would terminate flight operations immediately, citing rising fuel prices and a stronger dollar. There were also delays integrating aircraft into the fleet and a high number of “maintenance events”, the company said in a statement. (https://bit.ly/2MNKtkQ) CEO Karsten Balke said it was unable…
Administrators for collapsed cosmetics retailer Napoleon Perdis have closed half of the chains 56 stores in a bid to make the business more appealing to potential buyers. The eponymous chain, founded by Australian makeup mogul Napoleon Perdis, appointed administrators from Worrels last week. Administrators remain confident they can sell the business, citing significant interest but…
news, latest-news, Waggas branch of the Napoleon Perdis makeup store chain has beenpermanently closedabout a week after its parent company went into voluntary administration. An unknown number of employees have lost their jobs and the payout of entitlements will depend on votes by the chains creditors. The citys Wagga Marketplace store, which was temporarilyshuton Thursday…
Date: 05.02.2019 Lessons to be learned from case of decades-old business The TFT fleet up for auction It was a business that serviced much of Queensland for the best part of three decades but now Tim Fisher Transport (TFT)…
Electricity pylons stand in Johannesburg, South Africa, 26 February 2009. EPA/JON HRUSA There has been much speculation in the media on the pending restructuring and unbundling of Eskom. It is expected that President Cyril Ramaphosa will be giving some direction in this regard in his state-of-the-nation address on Thursday. For more than a year, in…
One of Tomorrowlands key stage design associates, Neverland Themepark Projects, has declared bankruptcy. The company, which was founded in 1997, had been working with Tomorrowland since the EDM event was launched in 2005. Last week, however, it was reported that the company would no longer be providing its services to the festival or any other…
news, local-news, Waggas branch of the Napoleon Perdis makeup store chain has beenpermanently closedabout a week after its parent company went into voluntary administration. The citys Wagga Marketplace store, which was temporarilyshuton Thursday for a stocktake, was one of 28 stores marked for closure by the administrators on Monday. Administrator Simon Cathro from the Worrllls…
news, local-news, Waggas branch of the Napoleon Perdis makeup store chain has beenpermanently closedabout a week after its parent company went into voluntary administration. The citys Wagga Marketplace store, which was temporarilyshuton Thursday for a stocktake, was one of 28 stores marked for closure by the administrators on Monday. Administrator Simon Cathro from the Worrllls…
One simple change that can help pay off your credit card debt The average household with credit card debt owes more than $16,000. The Mid-South is no different with nearly every person who is carrying debt owing thousands. The holiday season is one that is particularly tough for families. Americans racked up more than $1,000…