The prime minister and Indigenous affairs minister have released their official response to the latest Closing the Gap report: Australias Closing the Gap targets will be redeveloped in partnership with Indigenous Australians for the first time with a direct focus on education as the key to unlocking the potential of this and future generations. The…
New England Motor Freight, the 19th-largest less-than-truckload (LTL) trucking company in the US, filed for bankruptcy protection on Monday. Several top freight analysts said one of NEMFs challenges was its contract with Amazon, which tends to provide a lot of packages that are of relatively low value. Amazon contracts are pretty demanding, one analyst told…
A CONCRETER claims he is owed $41,000 by a Gold Coast shed building business that has gone into liquidation twice. Redland tradie Jason Quick says he is still chasing payment for dozens of slabs he put down for the Jacobs Well firm, Queensland Shed Market. Mr Quick had been working for the company for four…
Brian Anderson Snr (61), from Irvine, was appointed a joint director of Anderson Builders Limited in August 2014 before becoming the sole appointed director in June 2015. Anderson Builders was involved in the construction of commercial buildings but the companys performance struggled before it had to cease trading in February 2017. Independent insolvency practitioners were…
What Happened In this case, Edelweiss ARC alleged that Kothari settled a dispute with Reliance Infrastructure for Rs 9.65 crore compared with the original claim of Rs 30 crore without informing the lenders. According to the petition, Abhijeet MADC Energy in 2007 agreed to build a 271-megawatt power plant in Nagpur for the Maharashtra Airport…
One of the biggest topics as part of Activision Blizzards 2018 Q4 Quarter Earnings call was how the company plans to adjust to refocus on boosting revenue after new competition in 2018 effected the companys overall position in the gaming industry. As part of that, the company stated that they intend to lay off 8%…
Bas Lansdorp is a Dutch entrepreneur who saw his dreams of colonizing Mars crumble into red dust after his company, Mars One, declared bankruptcy. The company was made up of a not-for-profit called the Mars One Foundation and a for-profit company called Mars One Ventures. The idea behind Mars One was to colonize the red…
Brian Anderson Snr (61), from Irvine, was appointed a joint director of Anderson Builders Limited in August 2014 before becoming the sole appointed director in June 2015. Anderson Builders was involved in the construction of commercial buildings but the companys performance struggled before it had to cease trading in February 2017. Independent insolvency practitioners were…
Details have emerged of a $17 million deal that could have saved online travel company Bestjet and potentially spared thousands of customers heavy losses. A consortium claims it was in talks to buy the doomed Queensland company, five months before it collapsed, but pulled out when the operator came back to them with a list…
The Company informs your good Office that 12th, 13th and 14th Meetings of Committee of Creditors of Ricoh India Limited under Regulation 19 of the Insolvency and Bankruptcy Board of India Insolvency Resolution Process for Corporate Persons) Regulations, 2016 were held on 30 January 2019, 8 February 2019 and 11 February 2019. This is a…