Going to Liquidation!

Ho ho ho, Merry Christmas to everyone! Have you been you good kids and worked hard, or have you been naughty and kept your employees’ salaries to yourself? Well, for both cases, guess what Santa has brought straight from court!

Employees vs Qtrax

For those of you who can’t read Hebrew, this document is stating that Qtrax Global Distribution Ltd will be liquidated by The Tel-Aviv District Court. The Official Receiver in Tel Aviv will be the temporary liquidator and he will gather up the creditors.

In short, Qtrax is going down. this is the first domino block falling, the bottom card being pulled from the pyramid, however you want to call it. Or, like the Wizard of Oz said: “Oh, you liquidated her, eh? Very resourceful!”.

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