Liquidation is the process through which a company's operations are brought to an end and its assets are redistributed. This action can occur for various reasons, including bankruptcy, failure to ...

In a defeat for the Trump administration, the U.S. Court of International Trade said all “importers of record” were “entitled ...

The owner of one of the world's best known vodka labels is shutting down its American business, with court papers showing a shift from attempted rescue to outright liquidation. After a year of ...

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 ...

On December 15, 2025, the U.S. Court of International Trade (USCIT) issued a decision in AGS Company Automotive Solutions et al. v. United States, Slip Op. 25-154, addressing how importers can ...

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 ...

TORONTO--(BUSINESS WIRE)--Hudson’s Bay Company ULC (Hudson’s Bay or the Company), the Canadian entity that comprises the retailer Hudson’s Bay and TheBay.com, today announced it has filed documents ...

The struggling airline racked up nearly $9 million in debt. Starting a new airline is inherently a risky endeavor. In September 2022, the new Ontario-based carrier Canada Jetlines launched its ...

The amendment replaces earlier valuation rule references with standards notified by the regulator through circulars. It centralizes control over valuation in liquidation ...