Business Insolvency – NerdWallet UK

In the years since the Covid-19 pandemic, many businesses have struggled to weather tough times. Prolonged closures and disruptions during the pandemic followed by the cost of living crisis and sustained inflation are taking a toll on businesses across the board. And an increasing number of companies are facing the worst-case scenario this year: insolvency.…

Drowning in ‘digital debt’? AI assistants can help – but we must use them carefully

In recent days, the “right to disconnect” has entered Australia’s legislative agenda. It refers to employees’ rights to refuse unreasonable after-hours contact from their employer. In a work landscape where employees are constantly available after hours thanks to smartphones and portable devices, and employers are competing in global markets and operating on tight deadlines, concerns…

Project Coordination (Australia) Creditor Update

About a quarter of projects that were at various stages of construction at the time 50-year-old building company Project Coordination (Australia) Pty Ltd went into voluntary administration have taken steps to restart operations.  The status of the company’s current building projects was among a range of updates Company Administrator RSM Australia Partner Jonathon Colbran shared…

Cyberattack target MediSecure enters voluntary administration

Prescription delivery service provider MediSecure, which fell victim to a large-scale cyber breach that compromised the personal health information of thousands of Australians in April, has entered voluntary administration and is expected to face its creditors later this month. FTI Consulting on Wednesday issued a statement in which it said Vaughn Strawbridge and Paul Harlond…