Travel company collapses into voluntary administration, with 40 employees and up to 15000 customers affected – SmartCompany.com.au

A Gold Coast company that offered heavily discounted travel packages to its members has collapsed into voluntary administration and ceased trading. More than 15,000 members of Australian Escapes could be affected by the businesss collapse, including some who are currently travelling overseas, as well as approximately 40 employees, according to the Gold Coast Bulletin. However,…

Infracon liquidation results in Tararua council netting $750k – Manawatu Standard

DAVID UNWIN / FAIRFAX NZ A total of 220 workers lost their jobs when council-owned construction company Infracon went into liquidation. The liquidation of a multi-million-dollar roading construction company, which saw 220 people lose their jobs, is expected to end with all debts paid. Infracon was placed into liquidation in August 2014 by its two owners, Tararua and Hawke’s Bay…

Controversial Bulgarian MP pulls out of deal to buy insolvent fertiliser plant – The Sofia Globe

Share this: Delyan Peevski said on March 21 2016 that he was pulling out of the planned acquisition of an insolvent fertiliser plant and abandoning future business ventures, blaming the unjustified political pressure and continued media campaign against me for his decision. Peevski best known in Bulgaria as the media mogul whose short-lived appointment as…