#liquidation

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#bankruptcy #insolvency #retail #bitcoin #ppe-medpro #high-court #marriott #hudsons-bay #spiders #nacon #video-games
Video games
fromWGB
1 day ago

Spiders (Greedfall, Steelrising) Is Shutting Down Amidst Ongoing Nacon Troubles

Spiders has announced its liquidation, resulting in the loss of 70-90 jobs due to financial issues linked to publisher Nacon.
NYC startup
fromwww.businessinsider.com
2 weeks ago

Spirit could disappear from the skies as fuel costs rise. See how it rose from a trucking company to a low-cost giant.

Spirit Airlines faces potential liquidation due to rising fuel costs and struggles to recover from its second bankruptcy since 2024.
#bitcoin
Cryptocurrency
fromnews.bitcoin.com
1 month ago

Bitcoin Hits $64,785 Low, 86,000 Traders Wiped out While Oil Tops $103 and Wall Street Futures Turn Red

Bitcoin dipped below $65,000, signaling potential market unease as U.S. stock futures opened lower and oil prices rose.
fromcointelegraph.com
11 months ago
Cryptocurrency

How to read a Bitcoin liquidation map (without getting liquidated)

Bitcoin liquidation maps help traders navigate volatility by showcasing potential price levels for forced liquidations.
Understanding liquidation events—both long and short—is crucial for managing risk in crypto trading.
Cryptocurrency
fromnews.bitcoin.com
1 month ago

Bitcoin Hits $64,785 Low, 86,000 Traders Wiped out While Oil Tops $103 and Wall Street Futures Turn Red

Bitcoin dipped below $65,000, signaling potential market unease as U.S. stock futures opened lower and oil prices rose.
more#bitcoin
#retail
fromFast Company
6 months ago
Business

Metro Mattress is closing stores and winding down operations: See the list of locations that will shutter

fromFast Company
6 months ago
Business

Metro Mattress is closing stores and winding down operations: See the list of locations that will shutter

more#retail
#insolvency
more#insolvency
#ppe-medpro
more#ppe-medpro
UK politics
fromwww.theguardian.com
4 months ago

PPE company linked to ex-Tory peer Michelle Mone goes into liquidation

PPE Medpro, owned by Doug Barrowman and linked to Michelle Mone, has been liquidated owing the DHSC 148m for unusable Covid-19 PPE.
Law
fromIndependent
4 months ago

Director of collapsed packaging company 'failed to disclose 820,000 in her Revolut account'

A company director failed to disclose a personal Revolut account holding over €820,000 and revealed it only after a court order.
fromIndependent
4 months ago

Use of AI by director of insolvent company in court proceedings criticised

A company director being pursued for €765,000 following the collapse of her packaging firm has been using artificial intelligence to "churn out reams" of legal papers, the High Court has heard.
Law
#bankruptcy
more#bankruptcy
Real estate
fromIndependent
5 months ago

'The financial and emotional toll has been immense' - how families have battled for five years to move into new homes

A liquidator has been appointed over Ringfort Estate after prospective buyers agreed to pay an extra €26,000 beyond the sale-agreed price.
fromBusiness Insider
5 months ago

Airbnb rival Sonder Holdings to file for bankruptcy

Short-term rental firm Sonder Holdings said it will wind down its US operations after hotel chain Marriott abruptly ended their partnership. In a Monday press release, the San Francisco company said it plans to file "a Chapter 7 liquidation of its US business," and "initiate insolvency proceedings" in other countries where it operates. "We are devastated to reach a point where a liquidation is the only viable path forward," said Janice Sears, Sonder's interim CEO.
Startup companies
Business
fromwww.standard.co.uk
5 months ago

Luxury food delivery company co-founded by Myleene Klass goes into liquidation

My Supper Hero, a luxury ready-to-heat meal delivery co-founded by Myleene Klass, entered liquidation owing £348,096 to creditors.
fromPinkNews | Latest lesbian, gay, bi and trans news | LGBTQ+ news
6 months ago

Manchester Pride goes into voluntary liquidation with 'thousands' owed

A statement from Manchester Pride's Board of Trustees shared to Instagram on Wednesday (22 October) confirmed "with enormous sadness" that Manchester Pride Ltd had entered liquidation after it was deemed to no longer be financially viable. Blaming rising costs, declining ticket sales and an unsuccessful bid to host EuroPride, the board confirmed that Manchester Pride's staff team will be made redundant and that the details of those owed money would be handed to liquidators.
Miscellaneous
Public health
fromIndependent
6 months ago

HSE admits it has 'no hope' of recovering up to 7m it lost to company in liquidation after 'nobody said stop'

The HSE lost up to €7m paying a supplier without a proper contract, with no individuals to be held accountable.
fromIndependent
7 months ago

Liquidator sues cannabis farm in pursuit of millions transferred from private hospital company

Saga rooted in dispute between doctor and Larry Goodman over control of Blackrock Clinic
Miscellaneous
Business
fromIndependent
7 months ago

Dylan McGrath's Brasserie Sixty6 restaurant owed creditors more than 1m

Home RBVR Ltd owed just over €1 million to creditors while holding assets of €378,000, leaving a significant shortfall after the restaurant closed.
UK politics
fromBusiness Matters
7 months ago

Companies backed by Sunak's Future Fund more likely to have failed, report finds

Future Fund-backed companies were more likely to collapse, had sharper employment declines, and showed no financial outperformance compared with non-funded peers.
UK news
fromwww.standard.co.uk
7 months ago

Soho's most famous strip club to shut its doors after nearly a century

The Windmill, Soho's historic strip club, closed after nearly 100 years following operator collapse, legal dispute with its landlord, and building damage.
Business
fromwww.bbc.com
8 months ago

UK's third-largest steelworks collapses into government control

Speciality Steels UK has been placed into compulsory liquidation, placing nearly 1,500 Rotherham and Sheffield workers' futures in doubt while the government funds wages.
#hudsons-bay
fromwww.cbc.ca
9 months ago
Canada news

Hudson's Bay fires back at lender seeking termination of Ruby Liu deal: court docs | CBC News

fromwww.cbc.ca
1 year ago
Toronto startup

Hudson's Bay to sell off all merchandise at 6 stores previously spared from liquidation | CBC News

fromwww.cbc.ca
9 months ago
Canada news

Hudson's Bay fires back at lender seeking termination of Ruby Liu deal: court docs | CBC News

fromwww.cbc.ca
1 year ago
Toronto startup

Hudson's Bay to sell off all merchandise at 6 stores previously spared from liquidation | CBC News

more#hudsons-bay
Real estate
fromHomeLight Blog
10 months ago

4 Top Estate Sale Companies in New Orleans

New Orleans residents can find reputable estate sale companies to help manage personal belongings during challenging transitions.
London startup
fromTheregister
10 months ago

Doomed UK smartphone maker Bullitt Group finally liquidated

Bullitt Group's liquidation ended without any payment to creditors due to failed asset recovery.
All employees were made redundant, highlighting severe operational failures.
Startup companies
fromIrish Independent
10 months ago

Hibergene liquidator was paid 110k in aftermath of former high-flying medtech firm's collapse

Hibergene Diagnostics, once a promising medtech company, entered liquidation due to shareholder dissatisfaction impacting investor confidence.
Business
fromSustainable Bus
11 months ago

Sunsundegui has ceased operations: company's insolvency leads to liquidation and +300 job losses - Sustainable Bus

Sunsundegui's insolvency resulted in liquidation due to severe financial issues and operational inefficiencies, ending over six decades of bus production.
Bicycling
fromBikemag
11 months ago

Revel Cycles Goes On the Auction Block as Massive Bike Sale Continues

Revel Cycles is set to auction all assets on May 20 owing to financial struggles.
The company cites $8 million debt and unsuccessful products as reasons for closure.
Toronto startup
fromSustainable Bus
11 months ago

Canadian Lion Electric is on the brink of liquidation following Quebec's withdrawal of financial support - Sustainable Bus

Lion Electric may face liquidation due to lack of government support and failed creditor protection efforts.
Music production
fromPitchfork
11 months ago

Vinyl Me, Please Customers Face Uncertainty as Company Enters Liquidation

Vinyl Me, Please announces liquidation, leaving customers with unfulfilled orders and subscription fees in limbo as claims are filed with a third-party liquidator.
Startup companies
fromSFGATE
1 year ago

SF biotech company, once worth nearly $1 billion, plans to shut down

Third Harmonic Bio is shutting down and liquidating after laying off half its staff, with plans for asset distribution to stockholders.
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