Bankruptcy stories
UK Amazon sellers sue over millions in frozen revenues
This month
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ecommerce
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amazon
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lawsuit
Amazon UK sellers launch legal action, accusing Amazon of unlawfully freezing tens of millions in revenue, impacting business operations.
One in 10 retail tech businesses in UK up for sale
Wed, 13th Dec 2023
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market
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study
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hospitality
Study reveals that 1 in 10 retail tech businesses in UK is currently up for sale, marking a high among sectors.
Singapore's DCRU eyes Japanese market amid asset performance boost efforts
Fri, 3rd Nov 2023
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digital realty
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mitsubishi corporation
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global expansion
Singapore's DCRU has targeted Japan expansion as it shores up assets via various agreements, including property sales.
DDN steps in at final hour to salvage Tintri trainwreck
Wed, 11th Jul 2018
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hyperscale
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dc
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tintri
On its day of admitting bankruptcy, Tintri can now be brought back from the brink after Data Direct Networks made a bid for acquisition.
Avaya bankruptcy filing: What does it mean for ANZ?
Fri, 20th Jan 2017
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software
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avaya
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restructure
While news on the future of Avaya has triggered speculation on the direction of the company, Avaya Australia & NZ assures it is business as usual.
Spark calls in receivers for Mako Networks
Tue, 25th Aug 2015
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physical security
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mako networks
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intellectual property
Mako Networks in liquidation, Spark steps in as secured creditor to appoint receivers, thwarting the tech firm's financial tailspin.
Blue Chip's Bryers banned from managing NZ firms for 7 more years, bankruptcy lifted
Fri, 6th Mar 2015
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management
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blue chip
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bankruptcy
Former Blue Chip boss Mark Bryers has been discharged from his five-and-a-half year bankruptcy, though he's banned from acting as a manager or directo.
Westcon’s fighting talk
Tue, 1st Sep 2009
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partner programmes
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cloud services
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blue coat
Westcon New Zealand celebrates 35% annual growth and eyes further market expansion with new hires and vendor deals, including exclusive partnerships.