Billson’s Beverages into voluntary administration

Billson’s Beverages has gone into voluntary administration, McGrathNicol Restructuring has been appointed administrator. The company is family owned, based in Beechworth, Victoria and had been operating for seven years. In a post on Linked In, co-founder and director, Nathan Cowan said it had been an “excruciatingly difficult decision”. “Together with the team, we’ve poured our…

Court wipes punter’s $150,000 debt

Victoria’s Supreme Court of Appeal has wiped a punter’s $150,000 debt after ruling paperwork failures rendered the bets invalid. Bookmaker David McLauchlan took action against punter Allen Ng after the punter incurred hefty losses between February and April 2020. The County Court ruled in McLauchlan’s favour in 2022, ordering Ng to pay the debt and…