Liquidation Sale News
Wednesday February 17, 2010FASHION is arguably best when it is a bargain. Ksubi, the Sydney-born streetwear label known as much for its jeans as the rats it once released on a runway, is poised to be bought for $5 million by a joint venture that includes one of its directors after creditors agreed to place the company in liquidation yesterday.
Wednesday February 17, 2010FASHION is arguably best when it's a bargain.
Wednesday December 9, 2009ABC Learning's receivers are poised to announce new owners for the 705 viable child-care centres today as a public examination into the child-care operator's collapse gets under way in the Federal Court in Brisbane.
Saturday November 7, 2009THE public examinations that are about to be held by ABC's administrators will be unusual in the respect that they will be conducted by an administrator and not a liquidator.
Saturday November 7, 2009Creditors and investors are jockeying for what little remains, writes Colin Kruger.
Saturday September 19, 2009THE almond plantations of the failed agribusiness group Timbercorp have been sold to the Singaporean multinational food giant Olam International for $128 million.
Tuesday August 18, 2009MELBOURNE-BASED BlueScope Steel said yesterday the "global liquidation steel sale" was over as it announced a 93 per cent drop in underlying profit for the past financial year.
Saturday July 18, 2009SAAB may have been left behind in the ashes of the General Motors phoenix but GM engineers have not forgotten the Swedish brand, despite its impending sale to niche supercar maker Koenigsegg.
Tuesday July 7, 2009THE receivers of Allco Finance have put forward a novel plan to creditors of the failed asset management group aimed at circumventing its complex ownership structure which has held up the sale of its key aviation leasing business.
Saturday April 26, 2008ANZ Bank's controversial sale of a $920 million share portfolio from the Opes Prime collapse is not expected to recover the $550 million worth of loans that the bank provided on the stock, a report from Opes administrators has revealed.
Monday April 7, 2008A MASSIVE asset sale program will begin this week as the receivers to collapsed broker Opes Prime Group try to at least partially repay its clients.
Wednesday July 9, 1997For anyone poised to establish a new religion, weekend activity includes a trip to Bowral for the liquidation sale of the Zion Full Salvation Ministry. Clearly Bowral couldn't be completely saved. On site at the corner of Bannyette and Bong Bong Streets on Saturday at 11.30am, Tom McLean Auctions d
Thursday July 11, 1996"Main event" car sales promotions may be traps for unwary invitees, but organisers say they are a boon to both buyers and dealers. Check the figures, advises David Berthon. A flyer in the mail, addressed personally, invites you to a special liquidation sale of new cars. It can take the
Sunday March 17, 1996"IT'S terrific", says Australia's most famous liquidator, Ian Ferrier, of what promises to be the liquidation of liquidators. Mr Ferrier, liquidator to the famous including Laurie Connell, Warwick Fairfax and Alan Bond, has just presided over what is the ultimate liquidation sale: the $
Monday May 2, 1994Unsecured creditors to Venture Stores could now receive more than 50 cents in the dollar due to the success of the company's stock liquidation sale, according to one of the joint administrators, Mr Lindsay Maxsted. Mr Maxsted, an insolvency partner with KPMG Peat Marwick, said yesterday that di