Above: Sule Arnautovic from Salea Advisory Access Print Solutions, Graphic Print Group (GPG) and Graphic Web in Sydney and Adelaide are now for sale after entering voluntary administration with 50 employees affected. Sule Arnautovic from Salea Advisory has been appointed voluntary administrator for the three businesses by the directors of the business. Arnautovic is a…
The latest insolvency statistics for May 2024 show corporate insolvencies decreased by 6.4% in May 2024 to a total of 2,006 compared to April’s total of 2,144, and decreased by 21.2% compared to May 2023’s figure of 2,547. Personal insolvencies decreased by 3.5% in May 2024 to a total of 9,266 compared to April’s total…
A heavily pregnant woman is among Australians stranded in Vanuatu as the country’s national airline is placed into voluntary liquidation. On Thursday it emerged that all international flights scheduled on Air Vanuatu until Sunday had been cancelled, as the government “reviewed” the airline’s future. In a statement to media, Air Vanuatu confirmed international firm Ernst…
Further it will also include, the status of any property that remains to be sold, distributions to stakeholders, and the distribution of unsold property to stakeholders. 2 min read Last Updated : Jun 23 2024 | 10:11 PM IST The IBBI has issued a new format for the submission of progress reports during liquidation process,…
Global Debt Sacrifices the Worlds Poor on the Altar of Profit By Justin Villamil The developing world owes a total of $29 trillion to richer nations. Fifteen countries spend more on interest payments than they do on education, and forty-six spend more on interest than they do on health. Its time for a global debt…