Liquidation stories
Staff and creditors face uncertainty as both businesses keep trading under external control while receivers assess their future.
Canada's oldest retailer closed all stores after 355 years, undone by debt, digital change and declining footfall.
The Depository Trust has unveiled a digital collateral management platform, set for live demonstration on 23 April, to enhance institutional DeFi operations.
The platform is designed to help businesses to optimise receivables management and generate more liquidity, according to the company.
The story of WhiteLabelNZ has ended abruptly with the company's liquidation following an unsuccessful fundraising campaign.
Whitelabel NZ's failed fundraising campaign and alleged misleading information about its business practices have raised concerns.
Outsourced sales & marketing company, WhiteLabel NZ, faces financial troubles as staff leave & funds are owed. #BusinessNews #WhiteLabelNZ.
Networking service provider IndeServe has appointed liquidators, with a potential shortfall of between $1 million and $2.4 million.
IndeServe, a longstanding local service contractor that has worked with companies including IBM, Fujitsu and Datacom, has voluntarily filed for liquidation.
The NFT market is growing at an exponential rate, with unprecedented liquidity. Here we explore how businesses can profit.
Hills Limited slams Milestone Systems' request to have it wound up, calling it an abuse of power, as both companies prepare for a court battle this month.
UK town centres have lost 122,682 stores since 2016, outstripping Parcelhero's 2030 closure forecast and deepening pressure on the High Street.
Higher rates and tougher investor scrutiny are forcing mid-tier fintechs into sales, restructuring or shutdown as capital pools shrink.
Irish insolvencies fall 7% to 812 in 2025, but court liquidations and receiverships surge as creditors and tax authorities tighten enforcement.
Buzzle, formed as Apple's largest Australian reseller in 2000, collapsed within six months amid the dot‑com bust, sparking a precedent‑setting legal battle with Apple.
ITPNZ faces liquidation due to historic debts and declining membership, with a vote on the future set for 23 October, urging members to withhold renewals.
Michael Makridakis has joined Taylor David as a Partner, bringing over 20 years' experience in multi-jurisdictional insolvency to the renowned law firm.
KPMG's latest report on Dick Smith Electronics' liquidation reveals NZ$245.5M in secured debt and ongoing legal battles.
We summarise the creditors and financial position of third part sales agency WhiteLabel which is now in liquidation.
The liquidator first report states that BizDojo Auckland Ltd has not been able to provide a balance sheet and does not own any assets.
