Australia’s Harrolds faces liquidation, owing millions to creditors 

The move follows the liquidation of four entities associated with the business. Credit: vincentq/Flickr(Creative Commons).  Australian luxury fashion retailer Harrolds has entered liquidation after nearly four decades in the industry, owing millions to creditors.   This follows the liquidation of four entities associated with the company: Harrolds Logistics, JTP sydney, Harrolds Femme, and Nelson River International…

Ultimate Kitchens & Bathrooms collapses owing $4.6 million; CreditorWatch says more insolvencies to come

Australia’s toll of failed construction industry businesses will climb further, data company CreditorWatch warned on Wednesday after a high-end home renovations business went into liquidation leaving 95 customers stranded, some without insurance policies the director was required to arrange before accepting money. Ultimate Kitchens & Bathrooms went into liquidation owing unsecured creditors more than $4.6…

Murder sign company liquidated in 2014

South-west sydney sign maker Inline National Signage, which was the scene of a deadly siege that killed one customer and injured two more, was declared insolvent last year with an alleged list of unpaid creditors. ProPrint understands Inline went into liquidation in early 2014 and was then bought out by current owner Chantelle Strnad. A…