September 25, 2016

Illegal phoenix activity is costing us billions – here’s how it could be stemmed – The Conversation AU

LiquidationBy Insolvency Advisory Accountants September 25, 2016

A proposal designed to stop illegal phoenix activity being actively considered in New Zealand could be similarly adopted in Australia, potentially saving billions of dollars. Illegal phoenix activity which involves directors intentionally liquidating companies after shifting their assets to new (phoenix) companies to defraud taxation authorities, trade creditors and employees is widespread in Australia. A…

Why Knowing When Your Bills Are Due Can Help You Escape Debt – Benzinga

Debt HelpBy Insolvency Advisory Accountants September 25, 2016

It’s amazing the allure of ignorance. People gravitate toward a life of “winging it” to escape the realities of the necessity of budgeting. Whether you make bank or barely enough to eke by every month, escapism is a Band-Aid that just delays the festering. It doesn’t prevent or heal; it merely distracts for a time.…

Mark Bryers’ ex-associate goes bankrupt owing $13m – New Zealand Herald

BankruptcyBy Insolvency Advisory Accountants September 25, 2016

Former Blue Chip boss Mark Bryers. Photo / NZME The director of a group of companies that former Blue Chip boss Mark Bryers helped run in Australia has been declared bankrupt owing A$12.8 million ($13.2m). Stephen Peter Lacy filed a debtor’s petition earlier this month with the Australian Financial Security Authority. Four banks were the…

Town puts on a hard act to follow – Otago Daily Times

BankruptcyBy Insolvency Advisory Accountants September 25, 2016

[embedded content] How do we top this? That was the question Alexandra Blossom Festival organisers were pondering after a massively successful 60th birthday celebration over the weekend. Fine weather, a bumper crowd, great atmosphere and masses of activities combined to make a memorable occasion, organisers and patrons said. “What on earth do we do next…

Monday Interview: Neil Harrold of R3 and Hay and Kilner – ChronicleLive

LiquidationBy Insolvency Advisory Accountants September 25, 2016

Swapping the west coast of Australia for North East England isnt a choice thats made by many, but for Neil Harrold, its one that has served him well for over a quarter of a century. Born, raised and educated in Western Australias state capital Perth, Mr Harrold qualified as a solicitor and barrister there before…

EnerNOC To Restructure EIS Business, Cut Workforce By About 15% – Quick Facts – Nasdaq

RestructuringBy Insolvency Advisory Accountants September 25, 2016

Shutterstock photo (RTTNews.com) – EnerNOC Inc. ( ENOC ), a provider of energy intelligence software or EIS and demand response solutions, said it is restructuring its subscription-based EIS business to refine its focus to select industry segments and high potential customers. This includes an immediate reduction of its global workforce by about 15…

Daily Archives: September 25, 2016