Redcurrent's business fails to sell, unsecured parties get zilch
newscatcher
2023-09-05 22:33
Redcurrent's business fails to sell, unsecured parties get zilch
The homeware retailer, which had five stores across the country, was placed into liquidation in February. Liquidators for the failed homeware retailer Redcurrent say a sale of the business as a going concern did not eventuate despite receiving interest from several parties.  The final liquidators' report also showed that unsecured creditors, who were due $2.6m, were left empty handed.   The 25-year-old Want to read more? It's easy. Choose your best value subscription option Get two weeks free access to NBR's Premium Online Subscription, which includes full access to all of NBR's great content on any device.

https://www.nbr.co.nz/retail/redcurrents-business-fails-to-sell-unsecured-parties-get-nil/

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