liquidated companies list 2020

Some, like apparel company Ascena had stores dotting suburban malls across the country. Problems at the New Orleans Archdiocese started long before Covid-19. Some, like opioid-maker Mallinckrodt and a number of Catholic dioceses, filed primarily to get relief from huge lawsuit liabilities but also said the pandemic contributed to their financial woes. Check if a company is being wound up (liquidated) - you’ll need the company’s name or registration number to carry out a search. The executives packed their bags, shut the plant and left the country. 11/12/2020: Construction: Hampshire-11/12/2020: Accommodation And Food Service Activities: Mid Glamorgan: £6,271: 11/12/2020: Professional, Scientific And Technical Activities: Leicester-11/12/2020: Construction: N/A-11/12/2020: Financial And Insurance Activities: N/A-11/12/2020: Professional, Scientific And Technical Activities: N/A-11/12/2020: Education: West Midlands: £14,007 The retailer employed about 9,000 people as of Feb. 1, but furloughed “a significant number” of employees in March, according to court documents. But the efforts fell short, and the company is aiming to run going-out-of-business sales while seeking a buyer for its e-commerce operations. More than 6,300 stores are closing in 2020 as the retail apocalypse drags on. It called its brands “the latest victims of the retail apocalypse.”. In the court documents, Father Patrick R. Carr said the Archdiocese faced financial challenges ranging from lawsuits alleging sexual abuse to a drop in “offerings and collections at Masses which are no longer publicly celebrated due to the Covid-19 pandemic.”. By early 2020, Klausner Group, a lumber producer based in Austria, was already running out of options to salvage its sawmill in Live Oak, Florida. I have been making Liquidations sales for about a year now and have purchased pallets or lots from several companies. ... ©2020 Company Rescue is a trading name of KSA Group Limited. Companies Act. The company quickly ran out of money and filed for bankruptcy in early April, sparking alarm that the rural villages on its routes would be stranded without medical care, mail service and other supplies. Rohit Jain @AcsRohit; Bookmark. A long list of creditor claimants has been issued showing the names of those wanting money from the liquidated company which developed New Zealand's biggest homeware store. Here's the full list. Then came Covid-19. For those, the higher value is used. You can click on the link below to see a list of all companies in liquidation (for members only) or find a specific company that is in liquidation by: Searching by company name (see box above left) Searching by code (see box above right) “They would not have been able to survive in the Florida Mall. After the Covid-19 pandemic shut down schools and sent kids home, buses stopped running. The list compiled for this story is based on court records, statements and interviews in which business owners or their lawyers explicitly linked the virus to their decision to file. Photographer: Joe Raedle/Getty Images, School bus company in New York with $50.0K estimated assets, LemonShark Poke franchise owner in Florida with $100.0K estimated assets, Prom-dress retailer in New York with $1.0M estimated assets, Women’s apparel retailer in New York with $405.4M estimated assets, A closed New York & Co. store in Silver Spring, Maryland, on June 5, 2020. Public Notices. Now, going-out-of-business sales are underway at about 280 stores. Gold’s closed about 30 gyms when it couldn’t renegotiate the leases with landlords, abandoning some equipment, and found other locations where members of its shuttered facilities could go to work out. With some of its leases running more than $30,000 a month, the company saw no choice but to shut its doors for good. since. Crew and oil producer Denbury Resources have already done. Regus and its parent, IWG, are not in bankruptcy. He and Debbie, who is 68, were forced to put the diners into bankruptcy in June and walk away. But the company blamed its insurers—which failed to pay out some $175 million under business interruption policies—for its demise. “So when it didn’t happen there was a real liquidity crunch.”. Its 11 annual festivals, which featured demonstrations and hands-on workshops, ground to a halt in March as social gatherings were banned. Its newly appointed chief restructuring officer later would explain to the court that the entire management team and various engineers had returned hastily to Europe “in order to avoid a dangerous health situation in the U.S. and potential long-term travel restrictions.”. Most locations are organized as separate companies, which allows Regus to put them in court protection individually. Source: Company, Subsidiary of co-working space provider IWG Plc in Texas with $1.0B estimated assets, Off-price retailer in Florida with $757.5M estimated assets, A Stein Mart store in Miami on Aug. 12, 2020. The Florida sawmill eventually filed for bankruptcy protection on April 30. Foreign companies with U.S. entities that have filed for bankruptcy in the U.S. are also included. They tried to borrow about $350,000 through the Paycheck Protection Program, but computer problems at their bank spit out the application before it could be processed in time to qualify. Like more than 20 other U.S. church districts that have sought bankruptcy protection to settle such claims in an orderly way, the Archdiocese - with roots that predate the 1718 founding of New Orleans - filed for Chapter 11 on May 1. Company Name Status Region Sector SIC Codes; RENT A CAR 4U LIMITED: Dissolved: Lancashire: Realestate: 7110: ACCUBEAM CONTRACTS LTD: Dissolved: City of Bristol: Construction That time of year accounts for roughly 70% of the company’s annual sales, according to court documents. Even after slashing expenses and cutting the pay of remaining employees, Las Vegas Monorail Co. was almost completely out of cash by the time it filed for bankruptcy on September 7. Photographer: Angela Weiss/Getty Images, Off-price apparel chain in New York with $100.0M estimated assets, Monorail company in Nevada with $10.0M estimated assets, A train on the Las Vegas Monorail on August 17, 2013. Appointment/Release of Liquidators. On a typical day, its Mountain View location would be packed with tech workers from nearby companies including Alphabet Inc.’s Google and Samsung Electronics Co. A local government agency plans to buy the monorail out of bankruptcy for just $24 million—a pittance compared to the $650 million of municipal bonds sold to finance its takeover and expansion in 2000. The company managers “do not desire to languish” in bankruptcy and Diamond “has the resources, management team, bank support, and industry relationships to reorganize and become a Chapter 11 success story,” attorney Griffin Dunham said. Photographer: Jason Kirk/Hulton Archive/Getty Images, Non-profit in Louisiana with $100.0M estimated assets, A reverend prepares to bless residents on Holy Wednesday outside St. Dominic Catholic Church in New Orleans, Louisiana, on April 8, 2020. Retired Merchant Marine veteran Joe Gold launched his fitness empire in a rough cinder-block building near Muscle Beach in Venice in 1965 with weight-lifting equipment he built himself. Arnold Schwarzenegger joined that first Gold’s Gym a few years later, and over 55 years the business began to franchise and grew to 700 locations. Quicklotz is one of the leading wholesale liquidation firms based in New York and Miami. Two Keys hopes to either resolve the landlord dispute and reopen in its current building or sell the company’s assets to somebody willing to reopen the tavern in a nearby location, Dennery said. The official B2B liquidation auction marketplace for Walmart Liquidation, offering bulk lots of Walmart.com returned and overstock merchandise. “The heightened stress, anxiety, fears and social isolation in this unprecedented time has prompted more patients and their families to seek treatment, pushing demand for our services higher,” he said in a statement announcing the bankruptcy. The New York-based firm took steps to shore up liquidity like furloughing workers and asking for rent deferrals before filing for bankruptcy to re-work its borrowings. Giant gummy bears and candy-scented hand sanitizer couldn’t help It’Sugar get through the pandemic. as well as other partner offers and accept our, Holly Hildreth / Contributor / Getty Images, Photo by Mel Melcon/Los Angeles Times via Getty Images, Michael Brochstein/SOPA Images/LightRocket via Getty Images, Alex Tai/SOPA Images/LightRocket via Getty Images, Jeffrey Greenberg/Universal Images Group via Getty Images, Denise Truscello/Getty Images for ITSUGAR. “We had to tell 4,500 people: we’re not letting you go but we need to put everything on pause.” Here’s how the Covid-19 pandemic bankrupted 55-year-old Gold’s Gym. Original review: Nov. 30, 2020. Stein Mart’s bankruptcy might serve as a warning about the risks of re-opening the economy too soon. Born out of the dot-com bubble, Occasion shipped its first dresses for the 1999 prom season. Subscriber But thrifty shoppers will soon have to search elsewhere for deals after the off-price retailer filed for bankruptcy Thursday with plans to permanently close its 13 stores. A leading-edge research firm focused on digital transformation. Both companies later pursued Chapter 7 liquidations when the economic blow from Covid-19 stymied their efforts to restructure. Some of the companies, which Grimmel oversees as a liquidator include Cheney Pelmets (Private) Limited, Laputa Trading (Private) Limited, Tadnet Investments (Private) Limited, Riverside Funeral Services (Private) Limited, and Retnim Pumps Importers & Maintenance (Private) Limited. Appointment/Release of Liquidators. This resulted in everything from outright liquidation to financial reshuffling. The listings included on this page are of companies that have gone into administration, CVA or liquidation. Watch on Bloomberg QuickTake. Last year, Furla USA began shifting its strategy to focus on its online and wholesale businesses. Adventurous tourists wanting an aerial view of New York can hire an Awesome Flight chopper to circle Central Park and downtown Manhattan. T. Anthony, whose offerings range from $65 passport covers to $17,000 alligator bags, saw sales collapse after the pandemic curtailed personal travel and kept businesspeople at home. Professionals paying for a small corner in a big office tower went home and companies that temporarily rented out entire floors canceled their contracts. “We’ve survived through wars, recessions, terrorist attacks, political upheaval, hurricanes, tornadoes, blizzards and more,” the company wrote on its website as it announced it was shutting down. When Jacksonville, Florida-based Stein Mart reopened stores, revenue and customer traffic were initially positive, albeit lower than pre-pandemic levels, Hawkins said. Photographer: Thomas Campbell/XFL via Getty Images, Regional airline in Alaska with $100.0M estimated assets, A Ravn plane picks up passengers in Napakiak on the Yukon Delta, Alaska, on April 19, 2019. While its stores in tourist-heavy outlet malls in New York and Hawaii were performing well, locations that relied more on local shoppers had faltered, the company said. Pier 1 Imports started its going-out-of-business closing sale May 22, ahead of Memorial Day. It does not track a company’s progress through or emergence from bankruptcy proceedings. How the @xfl2020 went from launching a promising new sports league to bankruptcy in just 2 months due to #Covid19.Read more @business: https://t.co/4cx5N9Q5jF pic.twitter.com/P6a6Emz0os, How the XFL went from launching a promising new sports league to bankruptcy in just two months due to Covid-19. The hardest hit, however, are selling off prized assets and some are closing for good. Regus has loaned the offices more than $400 million to get them up and running. One Day Liquidation Estate Flash Sale - Council Bluffs estate sale • 1 day sale • sale is over Address The address for this sale in Council Bluffs, IA 51503 will no longer be shown since it has already ended. A number of retailers and restaurant companies have filed for bankruptcy in 2020. As it prepared to file bankruptcy, McMahon lent the company $9 million with its assets as collateral, but he withdrew his bid to buy it out of bankruptcy in time for the 2021 season after other creditors complained. A free-for-all broke out. For John Barrett Inc., assets of at least $1 million are listed under a related entity, Mezz57th LLC. Dec 1, 2020 4:36AM EST Credit: REUTERS/LEE SMITH British department store retailer Debenhams is to be liquidated after failing to find a buyer, administrators FRP Advisory said on Tuesday. “In May, admissions started to improve but have not yet returned to pre-Covid-19 levels,” American Addiction Centers said in a court filing when it declared bankruptcy. But pandemic-related cancellations and suspensions have cost the bus industry around $11 billion in all, the company said, citing the American Bus Association trade group. Alpha Entertainment, founded by World Wrestling Entertainment mastermind Vince McMahon, lost tens of millions of dollars in revenue when it canceled the remainder of the XFL season and fired about 500 football players. Billionaire New York real estate mogul Charles S. Cohen, who also owns Harrys of London, purchased T. Anthony in 2018. Brewing Co. had filed for bankruptcy in just two months due to Covid-19 changing tastes! 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