Crossroads Capital Announces Results of Special Meeting & Conversion to Liquidating Trust – GlobeNewswire (press release)

LINCOLN, Neb., June 23, 2017 (GLOBE NEWSWIRE) — Crossroads Capital, Inc. (the Company) announced the results of its reconvened special meeting held on June 23, 2017. The Companys special meeting of stockholders was convened on June 2, 2017.  Shareholders approved the Companys withdrawal of its election to be regulated as a business development company under…

Wellington restaurant Tinakori Bistro in liquidation, after 18 months … – The Dominion Post

ROBERT KITCHIN/FAIRFAX NZ The bistro ceased trading on June 9. A well-known Wellington restaurant is in liquidation owing more than $300,000 to creditors, after only 18 months under new ownership.  Tinakori Bistro, owned by Good Root Co, closed its doors on June 9, after failing to pay back a long list of unsecured creditors. The restaurant, at…

Sears Canada to fire 2900 as it closes one in four stores on retail shake-up – The Australian Financial Review

by Solarina Ho Sears Canada plans to cut jobs and close about a quarter of its stores as it restructures after steady sales declines because of online merchants and big-box retailers. News of the lay-offs and closures comes two weeks after Toronto-based Hudson’s Bay Co, which owns Saks Fifth Avenue and Lord & Taylor, said…

Zenith Computers to face corporate insolvency as financial creditor move NCLT – Economic Times

MUMBAI: Financial credit, Pine Forest Products has initiated corporate insolvency resolution process for Zenith Computers, makers of computer and laptops, early this week. Pine Forest Products & Investments issued notice under bankruptcy after the company failed to repay loans despite giving two notices. Zenith Computers owes Rs 1.25 crore to Pine Forest Products while has…

Wellington restaurant Tinakori Bistro in liquidation, after 18 months of new ownership – Taranaki Daily News

ROBERT KITCHIN/FAIRFAX NZ The bistro ceased trading on June 9. A well-known Wellington restaurant is in liquidation owing more than $300,000 to creditors, after only 18 months under new ownership.  Tinakori Bistro, owned by Good Root Co, closed its doors on June 9, after failing to pay back a long list of unsecured creditors. The restaurant, at…

Salim Mehajer’s businesses placed under voluntary administration – The Sydney Morning Herald

Salim Mehajer, the embattled former deputy mayor of Auburn, has had two of his businesses placed under voluntary administration. Documents lodged with the Australian Securities and Investments Commission (ASIC) reveal both companies – Sydney Project Group Pty Ltd and S.E.T. Services Pty Ltd – had administrators appointed by their board on June 16 over fears of insolvency.…

From raising $550000 to appearing on Shark Tank: Recruitment startup iRecruit enters liquidation as founders focus … – SmartCompany.com.au

Brisbane-founded recruitment startup iRecruit made its Shark Tank debut on Tuesday night, but a lot has happened at the company since the television episode was filmed last year. IRecruit attracted $500,000 in pre-launch seed funding in August 2016, but by the time Tuesdays Shark Tank episode went to air, both of the companys co-founders had stepped…