Billson’s Brewery survives liquidation after creditors throw the drinks brand a lifeline

Nathan and Felicity Cowan announced on social media that Billson’s would continue. Photo: Facebook. Beechworth’s iconic drinks brand Billson’s Beverages Pty Ltd looks set to avoid liquidation after creditors voted to keep the battling brewery alive. “After an uncertain year, we are thrilled to share that we have made significant progress in securing the future…

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Gloriavale-owned Forest Gold Honey in liquidation owing more than $1m

The liquidator’s report outlined three reasons for Forest Gold Honey’s insolvency. The first was the company experienced weaker sales than expected. It also struggled to find appropriately trained staff. Thirdly, the report said one customer had fallen outside credit terms. AdvertisementAdvertise with NZME. The liquidator’s report shows an estimated shortfall to all creditors of $450,000.…

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Are more restaurants going bankrupt nowadays?

Popeye’s. TGI Fridays. Roti. Buca di Beppo. And of course Red Lobster. These are just a few of more than a dozen high-profile restaurant chains that have declared bankruptcy in 2024. On one level, what we’re seeing is some restaurants buckle under the intense pressures the past two years have brought. There were the shortages, inflation, and…