Resolves Tag

LONDON — Luxury lingerie brand La Perla is raising recent funds and paying off outstanding debts within the U.K. that had led to a series of winding-up petitions filed by creditors. The Italian lingerie brand, which is now based in London, had been served winding-up notices up to now months by Purple PR; the accountancy firm Mazars; the design agency Edge Retail, and the consultancy firm HSO Enterprise Solutions. Within the U.K., a winding-up petition is a legal notice that creditors file with the courts to determine whether a debtor company is insolvent. It may be a primary step on the road to liquidation. Petitions from Purple PR, Mazars and Edge Retail have since been withdrawn after La Perla paid its debts....