Comar property auction halted with Chapter 7 filing
Article Abstract:
Comar Acquisitions Corp., a Valencia, CA-based fulfillment company, is now involved in a bankruptcy proceeding after a trustee for another bankrupt firm, Positive Power Products, filed an involuntary petition for Chapter 7 bankruptcy against Comar. Under the US bankruptcy code, Chapter 7 indicates a total liquidation of the company. Positive Power, whose fulfillment operations were handled by Comar, reportedly filed the petition to temporarily stop a public auction of all of Comar's assets that was slated on July 1, 1998. The auction was reportedly part of a plan aimed at satisfying Comar's secured creditors, which are claiming on the firm's various holdings.
Publication Name: DM News
Subject: Construction and materials industries
ISSN: 0194-3588
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
QVC will head to the big apple for fifth avenue broadcast
Article Abstract:
QVC Inc., the West Chester, PA-based shopping channel, is gearing for its first live broadcast featuring upscale retailers along New York's Fifth Ave on Mar 28, 1998. The six-hour show will feature wares from such well-known names as Cole Haan, FAO Schwarz, the Warner Brothers Studio Store and Caswell-Massley. Response to the show will be used by QVC as an indication whether to do similar concepts in the future, including broadcasting from Union Square in San Francisco, CA, and Rodeo Drive in Beverly Hills, CA.
Publication Name: DM News
Subject: Construction and materials industries
ISSN: 0194-3588
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Cut staff numbers further, top 20 told. Bland ambition. (Sir Christopher Bland, head of the Teasury's Private Finance Panel)
- Abstracts: Net ad campaign promotes Web movies. Fry Multimedia will build Web site for Crate & Barrel. Sapient boosts health membership and increases traffic to its Web site
- Abstracts: Fry Multimedia will build Web site for Crate & Barrel. Yeck adds database unit
- Abstracts: TransAmerica Holdings boosts ties with Mokrynski. Polk ADC outdoor database. KBM strengthens Convergys relationship
- Abstracts: Publishing co-op movement growing. Spanish title drives bank prospecting. Chase building data warehouse