24 Sep 2020
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Bidz.com plans to liquidate
The company had closed web sales on June 12
By: Diamond World News Service
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Jul 11 2014 5:35PM
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Reference: 9320  

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Bidz.com announced closing operations and planning to liquidate, reports say. The website of this leading jewellery e-tailer closed all web sales on June 12, although the website has been existing on the internet, but with a ‘temporarily under construction’ notification appearing, for some days thereafter, reports add.

Last month on 26th a motion was filed by the company’s five vendors, wanting the company to go into a Chapter 7 filing, reports add. The motion was filed at the Los Angeles federal court. Also, reports state that according to Insolvency Services Group, a company controlling Bidz.com’s assets as of now, the latter owes $19 million to a lender and $8.4 million in unsecured trade and expense debts.

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jessie brown
(roseburg)
I hated to hear that. I had bought a few items and always enjoyed the site. Will it come back under different people running it. I hope so. When will you liquidate. Can I get the dates? Will it be on online liquidation? Thank you, Jessie
jessie brown
(roseburg)
I hated to hear that. I had bought a few items and always enjoyed the site. Will it come back under different people running it. I hope so.
jessie brown
(roseburg)
I hated to hear that. I had bought a few items and always enjoyed the site. Will it come back under different people running it. I hope so.
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