Cloud DCs chief financial officer, Desmond Robinson, remains hopeful that the company, which entered liquidation on 28 March, will find a buyer for its remaining assets and intellectual property. The Queensland-based hosted desktop provider, which counted Amazon Web Services (AWS), Microsoft, Citrix and Trend Micro among its vendor partners, entered voluntary administration on 22 February,…
CLOSE Struggling appliances and electronics retailer HHGregg has entered into Chapter 11 bankruptcy. The Indianapolis-based company is trying to stay afloat, but it may already be too late. Dwight Adams/IndyStar hhgregg filed for bankruptcy protection on Monday.(Photo: hhgregg) Liquidation sales can offer great deals to consumers hunting for a bargain, but be careful. After Indianapolis-based…
The administrators of the Allphones Group have revealed that 34 of the group’s stores have been closed, while 50 will continue to trade during the administration process. The mobile phone retail group went into voluntary administration on 6 February, with ARN reporting that at least 18 of its stores around the country will close up…
INDIANAPOLIS, Ind. (WTTV) — Appliance and electronic store HHGregg informed employees that all company stores nationwide will be closing, CBS affiliate WTTV reports. According to WTTV, the company reportedly said they already began the liquidation process last week, and that the company will be completely out of business in around eight weeks. The company announced…
COMPANY 1Gas has gone into liquidation resulting in nine job losses. The company offered a range of gas services, installing meters and pipes and sourcing suppliers. Manu Mistry, financial consultant, said: On March 31, 2017, 1Gas & Power Ltd trading from Castle Buildings in Bury was placed into liquidation. Manu Mistry and Hemal Mistry of…
Most Americans have multiple credit cards open with outstanding balances and sometimes juggling accounts can be real challenge. However, there are options to bring your monthly debt burden down to more managable levels. National Debt Relief Following offered some very common questions about debt consolidation and debt settlement. Q: Can Credit Card Consolidation Cut My…
COMPANY 1Gas has gone into liquidation resulting in nine job losses. The company offered a range of gas services, installing meters and pipes and sourcing suppliers. Manu Mistry, financial consultant, said: On March 31, 2017, 1Gas & Power Ltd trading from Castle Buildings in Bury was placed into liquidation. Manu Mistry and Hemal Mistry of…
Failed builder Watersun Homes could have been trading insolvent for more than a year before its collapse, accepting money from customers while contractors complained about unpaid bills worth tens of thousands of dollars, according to the company’s administrators. Play Video Don’t Play Victorian native oysters to make a come back Play Video Don’t Play Video…
April 6 Facor Steels Ltd * Facor steels ltd says initiation of corporate insolvency resolution process * Facor steels ltd says powers of board stand suspended Source text – (bit.ly/2nNGveF) Further company coverage: ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(‘ Also In Company News ‘); var median = (relatedItemsTotal / 2); var $relatedContentGroupOne = $(‘.related-content.group-one ul’); var $relatedContentGroupTwo =…
No-Portfolio Minister Konrad Mizzi said today that the company he opened in Panama is undergoing liquidation, but is not in a position to say when the process will be completed. Pressed by journalists, Dr Mizzi said that the liquidation process started in January, three months ago. Since January, Dr Mizzi has been…