Ezibuy liquidators to continue operating business to sell off inventory

Ezibuy liquidators to continue operating business to sell off inventory
(Image: Ezibuy)
Riley Kennedy
The recently appointed liquidators of Ezibuy will continue to trade the collapsed retailer to sell off the remaining inventories, their first report says.The value of those inventories – withheld in their report – will go some way to repaying creditors, whose claims against the group have totalled nearly $118 million.Olvera Advisors' Damien Hodgkinson and Kate Barnet were appointed liquidators of Ezibuy, which is owned by the Australian securities exchange-listed Mosaic Brands, at a watershed meeting last week. The pair had...

More Finance

December interest rate cut uncertain: Fed governor
Finance

December interest rate cut uncertain: Fed governor

Lisa Cook says the timing of further reductions will depend on new data.

Bayly to banks: ‘Just get on with it’
Finance

Bayly to banks: ‘Just get on with it’

Minister Andrew Bayly is impatient for the changes needed to improve competition.

Ben Moore 20 Nov 2024
‘Regulatory failure’ let NZ’s payments fall behind
Finance

‘Regulatory failure’ let NZ’s payments fall behind

NZ was the All Blacks of payments, but now barely makes regionals as regulation lagged.

Ben Moore 19 Nov 2024