Air Vanuatu put into voluntary liquidation, aims to resume operations – Reuters
Air Vanuatu put into voluntary liquidation, aims to resume operations Reuters Read the original article here
Major boost for passengers on embattled Rex – Yahoo Finance Australia
Major boost for passengers on embattled Rex Yahoo Finance Australia Read the original article here
‘ASX Wolf’ finfluencer declared bankrupt by ASIC
Look, if you’ve been plotting an investment strategy using tips from Instagram influencers, you’re probably beyond our help. But we have to try – it’s our job – and the latest instalment in the sorry tale of Tyson Scholz, the online stock trading “educator” with a taste for Ferrari, Bugatti and Rolls-Royce cars, high-end champagne,…
Statutory Powers of Sale | White & Case LLP
In 2023, we saw an increase in both voluntary administration and receivership appointments in Australia. In the context of Australia’s economic climate this was unsurprising — debtor companies were grappling with volatile markets, supply chain disruptions and uncertain economic conditions, and secured lenders were invoking either or both of these regimes as a means of…
Wes Brown Speaks out for First Time After Being Declared Bankrupt
Highlights Former Manchester United defender Wes Brown has spoken out for the first time since being declared bankrupt. The 44-year-old was declared bankrupt last year after HMRC filed a bankruptcy petition against the ex-England international. Brown has revealed that he didn’t have the ‘right people’ to guide him during his younger years. Former Manchester United…
ATIA urges further support for tourism sector impacted by Rex Airlines voluntary administration
76054 Related Articles 1st August 2024 – ATIA seeks Federal Government support for travel ecosystem following Rex Airlines administration 25th January 2024 – ATIA spotlights significant economic impact of domestic flight cancellations 6th August 2024 – Australian Travel Industry Association welcomes reforms to Sydney Airport slot management 5th August 2024 – Australian Travel Industry Association…
NCLT initiates insolvency proceedings against CCD's parent firm – Storyboard18
NCLT initiates insolvency proceedings against CCD’s parent firm Storyboard18 Read the original article here
TMA submissions on corporate insolvency in Australia – Herbert Smith Freehills
TMA submissions on corporate insolvency in Australia Herbert Smith Freehills Read the original article here
What is happening at ‘bankrupt’ Nottingham City Council?
BBC Nottingham City Council declared itself effectively bankrupt on Wednesday Following Nottingham City Council’s declaration of effective bankruptcy, the BBC looks at what the issuing of a section 114 notice means for the authority, and the 330,000 people who live in the city. What has Nottingham City Council announced? The government said it was considering…
Ultimate Kitchens & Bathrooms collapses owing $4.6 million; CreditorWatch says more insolvencies to come
Australia’s toll of failed construction industry businesses will climb further, data company CreditorWatch warned on Wednesday after a high-end home renovations business went into liquidation leaving 95 customers stranded, some without insurance policies the director was required to arrange before accepting money. Ultimate Kitchens & Bathrooms went into liquidation owing unsecured creditors more than $4.6…