St Hilliers director Tim Casey will make an offer to creditors – including subcontractors owed at least $7.1 million – to revive his cash-strapped contracting business and trade out of administration. Mr Casey, who was working with administrators of the seven contracting companies – St Hilliers real estate development arm is not in administration –…
One of the last pillars of an award-winning Queensland chef’s hospitality empire has gone bust, just a month after seven other sister venues collapsed. Cuisinier Australis Pty Ltd trading as Montrachet has called in administrators. Montrachet is a well known fine-dining French restaurant in the Brisbane suburb of Bowen Hills. The appointed administrators, Mark Holland,…
Bruno Mars has a $50 Million gambling debt with his employers at the MGM Grand, per report Marca English Read the original article here
Sac City bank declared insolvent after ‘examiners identified significant loan losses’ KCAU 9 Read the original article here
Beleaguered online book retailer Booktopia has announced it has entered voluntary administration after it failed to secure funding. The company posted it had appointed Keith Crawford, Matthew Caddy and Damien Pasfield from McGrathNicol to oversee a potential restructure or sale of the business. “The Administrators are undertaking an urgent assessment of Booktopia’s business while options…
Amy Jolliffe’s desperation at her ballooning HECS-HELP debt of $64,000, more than twice the average of $26,494, is emblematic of the growing helplessness felt by many graduates years after they’ve left university. High inflation has meant the annual indexation — 7.1 per cent last year — is growing their debt faster than they can pay…
Model and TV presenter Katie Price has been declared bankrupt for the second time, a court heard today. Price was married to Australian singer Peter Andre between 2005 and 2009 and they have two children together. The UK glamour model, 45, who was not in court to hear her fate, has an unpaid tax bill…
Victorian-based business Abacus Print and Display, trading as Abacus Visual, will be wound up following the appointment of a liquidator this week. In a statement on its website, Abacus said: “We are authentic – no one likes a fake and they can spot them. Be true to yourself and who you are.” According to company’s…
Bruno Mars doesn’t owe millions in gambling debt to MGM Resorts — despite what a recent report claimed … TMZ has learned. A rep for MGM Resorts International tells TMZ … the singer doesn’t have a $50 million gambling tab on the books with them — even though some recently alleged the opposite. Instead, MGM…
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