US EditionCourt Declares Bankruptcy of Interpark Commerce
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7 Articles
Court declares bankruptcy of Interpark Commerce
Interpark Commerce, an online retail subsidiary of e-commerce giant Qoo10 Group hit by an insolvency crisis last year, was declared bankrupt by a court Tuesday. The Seoul Bankruptcy Court made the ruling one year and four months after Interpark Commerce applied for rehabilitation proceedings in August 2024. Creditors have until Feb. 20 next year to file claims. The creditors' meeting and claims investigation will be held on March 17, 2026. Inter…
Interpark Commerce Declared Bankrupt... Following WeMakePrice, It Enters Liquidation Procedures. Interpark Commerce, which has been struggling financially due to the unsettled debts of TMON and WeMakePrice, has been declared bankrupt. This comes one year and four months after Interpark Commerce filed for rehabilitation in August of last year. Jeong Jun-young, presiding judge of the 3rd Rehabilitation Division of the Seoul Rehabilitation Court...
[Digital Daily Reporter Yoo Chae-ri] Interpark Commerce, an affiliate of the Quten Group, has gone bankrupt. The Seoul Rehabilitation Court's 3rd Rehabilitation Division (Chief Justice Jeong Jun-yeong) declared Interpark Commerce bankrupt at 11:10 a.m. on the 16th. Accordingly, Interpark Commerce will begin liquidation proceedings. If claims are filed by February 20th of next year, a creditors' meeting and a claims investigation will be held on …
Interpark Commerce declared bankrupt by court
The Seoul Bankruptcy Court on Tuesday declared Interpark Commerce, an online retail subsidiary of e-commerce company Qoo10, bankrupt after financial problems arose from Qoo10's other subsidiaries' unpaid seller fees.
Court Declares Bankruptcy for Interpark Commerce
Interpark Commerce's head office in Gangnam-Gu, southern Seoul (Captured from Yonhapnews TV) The court declared bankruptcy for Interpark Commerce, which has been struggling with financial difficulties, on Dec. 16. The Seoul Rehabilitation Court’s ruling comes 1 year and 4 months after the company filed for rehabilitation proceedings with the court last year. Creditors can file their claims until Feb. 20 next year. The creditors’ meeting and debt…
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