Preferential creditor

Reklaim Ltd's Posts Consecutive Profitable Quarters, Q3-2023 Profitability Soars by 107%

Retrieved on: 
Thursday, November 9, 2023
CAD, Debt, SEDAR, OTC, Legislation, Preferential creditor, Financial statement, Indian stock exchange, Debt settlement, Privacy, YTD, Satellite navigation device, Clothing, Cryptocurrency, Q3

With positive operating cash flow for Q3 and 119% YTD revenue growth, Reklaim is well-positioned for a profitable 2023.

Key Points: 
  • With positive operating cash flow for Q3 and 119% YTD revenue growth, Reklaim is well-positioned for a profitable 2023.
  • Continued Profitability: Reklaim continues its streak of success with the second consecutive quarter of profitability, demonstrating a substantial leap in its financial performance.
  • The company reported a quarterly profit of $529,914 for Q3-2023, marking an impressive 107% increase compared to Q2-2023.
  • Year-to-Date Success: The company's overall profitability for the year-to-date period ending September 30, 2023, has reached an impressive $635,828.

Heritage Global Partners to Conduct Public Foreclosure Sale for Assets of Forward Foods LLC

Retrieved on: 
Monday, October 10, 2022
Professional Services, Finance, National Security Party, NASDAQ, Interest, Intellectual property, Preferential creditor, Acquisition, Sale, Health, HGP, Detour, Social media, Auction, Financial services

Heritage Global Partners (HGP), a worldwide leader in asset advisory and auction services, and a subsidiary of Heritage Global Inc. (NASDAQ: HGBL), announced today that, by order of the Secured Party, it will be conducting a public foreclosure sale of assets owned by Forward Foods LLC.

Key Points: 
  • Heritage Global Partners (HGP), a worldwide leader in asset advisory and auction services, and a subsidiary of Heritage Global Inc. (NASDAQ: HGBL), announced today that, by order of the Secured Party, it will be conducting a public foreclosure sale of assets owned by Forward Foods LLC.
  • Forward Foods LLC is most widely known for its Detour and Overnight Oats brand of nutrition bars and product lines.
  • Heritage Global Partners, Inc. Is a subsidiary of Heritage Global Inc. (NASDAQ:HGBL) and one of the worlds largest industrial auction firms, providing asset valuation, acquisition and disposition services.
  • Heritage Global focuses on identifying, valuing, acquiring, and monetizing underlying tangible and intangible assets across twenty-eight global sectors.

GemCap Solutions, LLC to Auction the Inventory and Intellectual Property of Bedford Ventures, Inc. Via Public Sale

Retrieved on: 
Saturday, September 17, 2022
Intellectual property, National Security Party, Public sale, Suite, Confidentiality, European intellectual property law, Sale, LLC, Name, Collateral, BEDFORD, Inventory, Potential, Preferential creditor, Central Time Zone, Solution, Telephone, Collateral management, SAN, Uniform Commercial Code, Security (finance), Auction, Debtor

The Secured Party is conducting the Public Sale to foreclose the lien and security interest held by the Secured Party in and to the Collateral.

Key Points: 
  • The Secured Party is conducting the Public Sale to foreclose the lien and security interest held by the Secured Party in and to the Collateral.
  • At the Public Sale, each of the Inventory and the Intellectual Property will be offered for sale in separate lots and the Collateral will be offered as a single lot.
  • The Secured Party reserves the right to credit bid on any or all of the Collateral at the Public Sale.
  • The Secured Party reserves the right to reject all bids, adjourn or cancel the Public Sale.

Gemcap Solutions, LLC to Auction the Inventory, Equipment and Intellectual Property of Visionary Nutrition, LLC. Via Public Sale

Retrieved on: 
Tuesday, November 30, 2021
Public sale, Preferential creditor, Sale, National Security Party, FF, Confidentiality, Holding, SAN, Telephone, Collateral management, Uniform Commercial Code, LLC, Asset purchase agreement, Intellectual property, European intellectual property law, FF&E, Central Time Zone, Potential, IOLA, Security (finance), Auction

The Inventory, FF&E, Intellectual Property and Trade Fixtures are collectively referred to as the "Public Sale Collateral".

Key Points: 
  • The Inventory, FF&E, Intellectual Property and Trade Fixtures are collectively referred to as the "Public Sale Collateral".
  • The Secured Party is conducting the Public Sale to foreclose the lien and security interest held by the Secured Party in and to the Public Sale Collateral.
  • The Public Sale of the Public Sale Collateral, if made, shall be to the highest and best bidder.
  • The Secured Party reserves the right to credit bid on any or all of the Public Sale Collateral at the Public Sale.

 eG Innovations Announces eG Enterprise v7, A Complete User Experience Monitoring Solution for IT Infrastructures

Retrieved on: 
Friday, January 31, 2020
Software, Technology, Networks, Data management, Economy, Human–computer interaction, User experience, Real user monitoring, Preferential creditor, Articles

eG Enterprise v7 is a complete user experience monitoring solution, providing insights into all aspects of user experience for IT operations and development teams.

Key Points: 
  • eG Enterprise v7 is a complete user experience monitoring solution, providing insights into all aspects of user experience for IT operations and development teams.
  • Today, user experience is the ultimate measure of an IT organizations success, says Srinivas Ramanathan, CEO of eG Innovations.
  • eG Enterprise v7 addresses all of these aspects of user experience.
  • Real User Monitoring capabilities have been enhanced to integrate with the latest browser APIs to provide additional client-side latency metrics.

Insolvency: return of HMRC preferential creditor status

Retrieved on: 
Friday, January 31, 2020
Economy, Money, Finance, Bankruptcy, Insolvency, Credit, Preferential creditor, HM Revenue and Customs, Unsecured creditor, Secured creditor

House of Commons Library

Key Points: 
  • House of Commons Library

    This Commons briefing paper provides an overview of the background to, and the main provisions of, the government's proposal to amend insolvency legislation to reinstate in part HMRC preferential creditor status after April 2020.

  • HMRC will remain an unsecured creditor for taxes levied directly on businesses, such as Corporation Tax and Employer NICs

    In its consultation document, Protecting your taxes in insolvency, published on 26 February 2019, HMRC explained why it was necessary to regain preferential status.

  • Some respondents, largely professional bodies, were concerned about HMRC regaining preferential creditor status, arguing that enterprise, business lending and rescue could all be undermined.
  • This Commons briefing paper provides an overview of the background to, and the main provisions of, this proposal to reinstate in part HMRC preferential creditor status.