American Apparel goes into voluntary administration to close their three Australian stores in Melbourne Adelaide and … – Daily Mail

Fashion retailer, American Apparel set to close their Australian stores The clothing manufacturer went into voluntary administration  Up to 100 employees are set to lose their jobs after stock is cleared  The retailer’s UK and Irish businesses have also gone into liquidation  By Martha Azzi For Daily Mail Australia Published: 14:36 +11:00, 10 November 2016…

Troubled call centre CallActive in liquidation, debt remains unknown – Stuff.co.nz

ROSS GIBLIN/ FAIRFAX NZ Clementine West worked at CallActive when the Wellington base was officially opened by Prime Minister John Key in 2013. A failed Wellington call centre has been put into liquidation, following the collapse of its Australian arm. About 60 CallActive workers based at the Willeston St office in Wellington were made redundant just weeks…

Brisbane networking reseller liquidated as customers terminate orders without warning – CRN Australia

Brisbane connectivity and industrial networking provider Ethernet Australia has entered voluntary liquidation, with debts totalling close to $3 million. The company ceased trading after key supply contracts with customers were terminated without warning, and appointed liquidator David Clout and Associates on 28 October, with a creditors meeting taking place on Tuesday 8 November. As part of…

Buy These 5 Stocks For Less Than Liquidation Value – ValueWalk

This article appeared first on The Stock Market Blueprint Blog. In this edition of Watchlist Wednesday, we highlight five of the top stocks qualifying for the Net-Net Working Capital (NNWC) screen. NNWC is similar to the NCAV screen except it is more stringent. Graham knew that companies undergoing liquidation would not necessarily sell all current assets at book value.…

Coolamon Sport and Recreation Club pledged $16000 by community intent on keeping it afloat – Daily Advertiser

The Coolamon community has rallied behind its embattled sport and recreation club, pitching in $16,000 to keep it afloat. On Tuesday The Daily Advertiser revealed the club was on the edge of falling into voluntary administration, after board members were told more than $360,000 was owed to creditors and police were investigating missing funds from the clubs Keno facilities.…

Coolamon Sport and Recreation Club pledged $16000 by community intent on keeping it afloat – Daily Advertiser

The Coolamon community has rallied behind its embattled sport and recreation club, pitching in $16,000 to keep it afloat. On Tuesday The Daily Advertiser revealed the club was on the edge of falling into voluntary administration, after board members were told more than $360,000 was owed to creditors and police were investigating missing funds from the clubs Keno facilities.…

Mcdowells pushes for final liquidation – The Herald

McDowells Business Reporter McDowells International (Pvt) Limiteds provisional liquidator Winsley Militala is pushing for the companys final liquidation as it has no prospects of becoming a successful concern after losing its money lending licence to the Reserve Bank of Zimbabwe.The company is currently under provisional liquidation after its money lending licence was cancelled by the…

Tyremil owner Tony Di Carlo accused of ripping off small businesses while Government investigates – ABC Online

The owner of a rogue tyre recycling business has been accused of failing to pay his suppliers hundreds of thousands of dollars and of deliberately liquidating debt-ridden companies to escape creditors, as the Queensland Government looks at ways to shut down the business. Tony Di Carlo’s Tyremil group of companies remain under investigation by…