Ceva top creditor as shoe company goes bust, hit by e-commerce boom
The bankruptcy of a shoe company in the US has revealed an interesting snapshot of ...
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By Alex Lennane
Oh dear. They seem to be dropping like flies. Hot on the heels of the announcement that Evergreen Intl Airlines will cease to exist from the end of the month, comes the news that Global Aviation Holdings, parent of World Airways and North American Airlines, has filed for Chapter 11 bankruptcy protection – a state it only emerged from in February. As US military spending continues to drop, it begs the question – who is next?
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