Waterstone Insolvency’s attempt to overthrow Dick Smith administrators fails – Stuff.co.nz

ROBERT KITCHIN/FAIRFAX NZ Dick Smith stores have remained open while receivers and administrators try to get the business sorted for sale. Almost 200 Dick Smith New Zealand employees are owed $353,000 by the company and it is uncertain whether they will get their money. Dick Smith’s administrators McGrathNicol held the first New Zealand creditors meeting…

Waterstone Insolvency’s attempt to overthrow Dick Smith administrators fails – Stuff.co.nz

ROBERT KITCHIN/FAIRFAX NZ Dick Smith stores have remained open while receivers and administrators try to get the business sorted for sale. Dick Smith’s administrators have successfully defended an attempt to replace them, after lifting the lid on the debts of the retailer’s New Zealand business. At a meeting in Auckland on Friday, creditors voted on…

Waterstone Insolvency’s attempt to overthrow Dick Smith administrators fails – Stuff.co.nz

ROBERT KITCHIN/FAIRFAX NZ Dick Smith stores have remained open while receivers and administrators try to get the business sorted for sale. Dick Smith’s administrators have successfully defended an attempt to replace them, after lifting the lid on the debts of the retailer’s New Zealand business. At a meeting in Auckland on Friday, creditors voted on…

Areas with highest personal insolvency rates revealed – AOL UK

Vale of Clwyd, Stoke-on-Trent North and Torbay were the parliamentary constituencies with the highest personal insolvency rates across England and Wales last year, according to official figures. Coastal areas featured strongly among the areas with the highest personal insolvency rates, while many areas of London were among the constituencies with the lowest rates, the Insolvency…

Standard Tolling (V.TON) sheds 85.5% as time runs out on insolvency fight – Stockhouse

B.C.-based Standard Tolling (TSXV:TON, Forum) turned into a half-penny stock Tuesday as trading resumed following their unsuccessful fight to stave off insolvency. The company lost 85.5% of its value in hitting the minimum price allowed on the Venture Exchange of $0.005, as trading resumed just four days after recruiting a new director in a bid to…