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Interserve agrees rescue plan with creditors

2019-02-06 09:00:48| BBC News | Business | UK Edition

Outsourcing company Interserve has reached a deal with creditors to cut its debts from 600m to 275m.

Tags: plan rescue agrees creditors

 

As Sears Fights for Its Life, Creditors Say Maybe It Should Die

2018-11-12 23:30:25| National Real Estate Investor

Sears unsecured creditors say the retailer cant be saved and Eddie Lamperts plan to revive it amounts to a foolhardy gamble with other peoples money.

Tags: die should life maybe

 
 

Lampert, Sears Creditors Gird for Battle Over Recent Asset Sales

2018-10-17 22:28:38| National Real Estate Investor

Sears creditors will argue in court whether Lampert stripped assets from a failing business and if the money transferred out of their reach prior to bankruptcy can be recovered.

Tags: recent sales battle asset

 

Homebase rescue plan voted through by creditors

2018-08-31 15:37:18| BBC News | Business | UK Edition

Creditors have voted in favour of a rescue plan for the DIY chain that will see 42 stores closed.

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Homebase future in doubt as creditors meet

2018-08-31 01:01:10| BBC News | Business | UK Edition

If landlords do not approve a rescue deal for the DIY chain, it is likely to go into administration.

Tags: future meet doubt creditors

 

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