Please enable Javascript to watch this video DENVER — It’s the end of an era as three Sports Authority stores in the Denver metro area will be closing as the Englewood-based company battles money issues. Besides the flagship location at the famed Sports Castle at 1000 Broadway, Sports Authority will close stores at 9000 E.…
Corporate restructuring was the main culprit behind a drop of 40 percent in Korean banks business performances last year. Financial regulators explained that bad account cost from the restructuring of shipbuilders such as STX Shipbuilding weakened banks profitability last year. Last year, Korean banks posted 3.5 trillion won in net income, a drop of 42.6…
18.02.2016 After a first review the insolvency administrator of German Pellets GmbH has come to the conclusion that no significant financial means are currently on hand with the aid of which the resumption of parts of the previous business operations could be financed. The stocks of finished goods, whose sale could generate liquidity, are…
Hundreds of small business owners have been left without access to their websites after the collapse of a Queensland website development company. Graphics Online, which is based on the Gold Coast, appointed liquidators from Worrells Solvency & Forensic Accountants earlier this month. The business has ceased trading but liquidators have since written to its former…
Morton Fraser is a thriving, top ten Scottish law firm, delivering clear advice to businesses, the public sector, families and individuals. We believe in open lines of straightforward communication, and that the best relationships are built on clarity, trust and understanding. Our clear and straight talking approach coupled with care and attention to detail are…
The Insolvency and Bankruptcy Code Bill 2015 can be important for your upcoming exams. It was introduced by Union Finance Minster Arun Jaitley in the Lok Sabha in December 2015. In this article, we will take a thorough look at this bill, its significance, advantages and disadvantages, and its impact on the nature of corporate…
Federation Clothing in liquidation Save Tuesday, 16 February 2016 Federation Clothing and a sister firm with four Auckland stores has gone into liquidation owing creditors more than $1 million. The business, launched about 15 years ago, is still trading and being put up for sale after liquidators were appointed to Federation Clothing and Laundromat Collective…
17 February 2016 Lara Bullock View Comments K&L Gates has announced the appointment of three corporate and transactional partners in its Sydney office. Nick Humphrey, Hal Lloyd and Daniel Atkin have all joined K&L Gates from Sparke Helmore Lawyers. Mr Humphrey (pictured) has more than 20 years’ experience advising on a broad range of domestic…
Federation won the inaugural James & Wells fashion communication design award in 2011. Prospective buyers are already circling New Zealand streetwear label Federation, which owes more than $1 million to creditors. Liquidators are attempting to sell the 15-year-old company and its related businesses as a going concern. Federation referred requests for comment to Keaton Pronk,…