The multi-step bottoming process could be slow due to several reasons, including liquidity constraints over the weekend and slow absorption of supply.

The National Company Law Tribunal (NCLT) has extended the liquidation deadline for engineering firm Punj Lloyd to March 12, ...

The liquidator of Punj Lloyd had moved an application before the NCLT, seeking extension of the deadline as it is currently ...

A broad group of First Brands Group LLC lenders “have worked at lightening-speed” to provide $4.4 billion of Chapter 11 ...

Liquidation is closing a business by selling assets to pay debts and distributing remaining funds to stakeholders due to financial insolvency. Liquidation is the process of winding down and closing a ...

Christmas Tree Shops has started the process of closing all of its stores nationwide after it filed for Chapter 11 bankruptcy in May and recently defaulted on its loan. Last week, the company filed ...

Otonomy, the hearing loss biotech, announced that it would lay off its entire workforce and begin the liquidation process Monday afternoon. The layoffs are effective as of December 15 and apply to all ...

Northern Trust’s FlexShares Exchange Traded Funds announced the liquidation and termination of the FlexShares Real Assets ...

The Fair Work Commission (FWC) recently dealt with an unfair dismissal application from a construction supervisor who argued ...

Armed intimidation, inflated debts and underworld enforcers are now part of liquidation battles, with families and attorneys under threat.