To facilitate the closure of the in such cases, the IBBI had opened a corporate liquidation account to deposit such ...
Business owners still retain most of the control, but not as much as in a workout scenario. Liquidation is when a company sells its assets to pay back creditors and ultimately its owners.
Four creditors, who claim they’re owed a combined $8.3 million, seek to force the company to liquidate its assets.
American Freight, a discount furniture and appliance retailer with more than 328 locations across 41 states, including ...
Difficult trading conditions have claimed another hospitality business with renowned chef Scott Denning calling time on his ...