June 17, 2024 - Insolvency Guardian

HS Fresh Food goes into voluntary administration: Company that supplied Coles and Woolworths goes busts with 5 – Daily Mail

LiquidationBy Insolvency Guardian June 17, 2024

Major food company went bust Some 500 jobs are at risk as a result By Duncan Evans For Nca Newswire Published: 11:19 AEST, 18 June 2024 | Updated: 11:50 AEST, 18 June 2024 A farming business with operations across Australia has entered voluntary administration, putting some 500 … Read the full article at: https://www.dailymail.co.uk/news/article-13540639/HS-Fresh-Food-administration.html

Law associations call for student debt relief as regional, rural lawyer shortage worsens – ABC News

Debt HelpBy Insolvency Guardian June 17, 2024

In short: Lawyers say a shortage of workers outside metropolitan areas is straining the court system and leaving people in need without help. They say people are representing themselves in court, which can double the average time it takes to hear a case and lead to people owing large amounts of money. What’s next? There…

Penrith granny flat builder formally enters liquidation The Western Weekender The Western Weekender I Penrith News – The Western Weekender

LiquidationBy Insolvency Guardian June 17, 2024

Cubitt’s in Emu Plains. Share this story Efforts to save long-time Penrith business Cubitts Granny Flats and Home Extensions have failed. After 30 years, the family owned business has been formally placed into liquidation by creditors. As previously reported by the Weekender, the business was placed into voluntary administration in February. There is some bright…

Debt relief can HELP regional access to justice – News Hub – News Hub

Debt HelpBy Insolvency Guardian June 17, 2024

Thursday, 13 June 2024 Debt relief can HELP regional access to justice A scheme to provide relief from tertiary education debt for lawyers who relocate to practise in rural, regional and remote (RRR) areas has the potential to jump start access to justice for communities in need. President of the Law Society of NSW Brett…

Wiggins “happy in my skin” despite reports of bankruptcy and sofa-surfing – Sticky Bottle

BankruptcyBy Insolvency Guardian June 17, 2024

Despite recent reports about his finances and the businesses that were under his name, Bradley Wiggins says he is more comfortable in his skin than ever (Photo: Gian Mattia DAlberto-La Presse) Bradley Wiggins has said he is now happier in my skin than he has ever been, with his remarks coming after a week of…

Oka Faces More Hard Times, Plans to Restructure U.K. Business After Shutting U.S. Stores – WWD

RestructuringBy Insolvency Guardian June 17, 2024

LONDON Fresh from filing Chapter 7 bankruptcy proceedings in the U.S., high-end furniture brand Oka is looking to strike a deal with creditors in the U.K. as it attempts to restructure the business. The company said it has launched a company voluntary arrangement, or CVA, as part of a plan to reconfigure and reduce its…

White & Case-Led Ukraine Seeks Debt Relief By Aug. Deadline – Law360

Debt HelpBy Insolvency Guardian June 17, 2024

By Najiyya Budaly (June 17, 2024, 3:21 PM BST) — The Ukraine government, advised by White & Case LLP, appealed on Monday to bondholders to help restructure its $19.5 billion of eurobond debt before a payments freeze it agreed with international creditors expires on Aug. 1…. Read the full article at: https://www.law360.com/articles/1848502/white-case-led-ukraine-seeks-debt-relief-by-aug-deadline

Bonza enters voluntary administration Australian Aviation – Australian Aviation

LiquidationBy Insolvency Guardian June 17, 2024

Bonza has entered voluntary administration hours after suspending its flights earlier today. An internal note sent by airline CEO Tim Jordan, obtained by the AFR, confirmed that its fleet was repossessed by its aircraft lessor at 3am, as widely speculated. However, the message added the news came as a surprise to both Bonza and owners…

Australian plant protein pioneer enters voluntary administration – Beef Central

LiquidationBy Insolvency Guardian June 17, 2024

Proform Foods, Australias first commercial plant protein manufacturer whose investors include Twiggy Forrests Harvest Road, has gone into voluntary administration. The Proform group of companies will continue to operate as normal while administrators Gayle Dickerson and James Dampney from KPMG Australia assess the business. The companies subject to administration are Proform Food Group Pty Ltd,…

Press Briefing on Sri Lanka's 2024 Article IV Consultation and the Second Review under the Extended Fund Facility – International Monetary Fund

Debt HelpBy Insolvency Guardian June 17, 2024

June 14, 2024 PARTICIPANTS: Moderator: HUONG LAN PINKY VU Communications Officer Speakers: PETER BREUER Senior Mission Chief for Sri Lanka KATSIARYNA SVIRYDZENKA Deputy Mission Chief for Sri Lanka SARWAT JAHAN Resident Representative in Sri Lanka * * * * * T R A N S C R I P T MS. VU: Good morning, everyone.…

Daily Archives: June 17, 2024