A building company has collapsed as liquidators investigate the transferral of hundreds of thousands of dollars of company funds to two employees. Last week, Alurt Construction Services, based on the NSW mid-north coast near Coffs Harbour, plunged into liquidation. The company’s initial estimated debt of around $100,000 has exploded to more than $2 million, although…
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Ohtani says interpreter stole money, denies knowledge of gambling debts Reuters Read the original article here
This article was updated on March 8, 2024 The exit from bankruptcy of Derek Quinlan, the boom-time property investor, has been delayed after a move by his trustee to suspend his discharge. Quinlan, 76, who once owned trophy homes in New York, Mayfair in London and Saint-Jean-Cap-Ferrat on the French Riveria, was due an automatic…
Australian bus manufacturer BusTech Group has entered into voluntary administration, with the future of the company left unknown. With operations in Queensland and South Australia, BusTech is one of the largest independent bus manufacturers in Australia, making diesel, hybrid and zero emission buses. It has more 270 employees across its two companies. Subscribe to our…
RAPID CITY, S.D. (KOTA) – Wednesday’s Legal and Finance Committee meeting discussed the challenge that would help relieve student lunch debt in Rapid City Area Schools. CONTEXT: City Council proposes a challenge to help relieve student lunch debt The district offers school lunch to any student regardless of their ability to pay and has applications…
Bay Area tech startup Moxion goes bankrupt, faces lawsuit over layoffs SFGATE Read the original article here
Corporate insolvencies have reached their highest level since ASIC began publishing the numbers just over twenty-five years ago. The national number of corporate insolvencies showed fresh strength in March, reaching 1.1K in the month, which is the highest level since ASIC began compiling the statistics in 1999. The same holds true for the seasonally adjusted…
Ippei Mizuhara, left, stands next to Japanese baseball star Shohei Ohtani and translates during an interview at Dodger Stadium on Feb. 3, 2024. (AP Photo/Richard Vogel, File) NEW YORK — A California newspaper says that Los Angeles Dodgers star Shohei Ohtani’s former interpreter Ippei Mizuhara still has…
The administrators appointed to defunct airline Bonza say the company may have sold tickets for flights for more than a month after it became insolvent and recommended the corporate regulator investigate its directors. Hall Chadwick’s report into the failed budget carrier found Bonza may have had significant solvency and operational concerns from November and appeared…