© Adobe stock 964336746 Policy Context The current regime of insolvency laws and processes fails to deal with company directors in a convincing manner due to ambiguity, lack of coordination, and difficulties in enforcement. The main rules governing the liability of directors in cases of corporate insolvency can be found both…
Halo Advisory has identified a stark correlation between global oil prices and the rate of corporate insolvency appointments in Australia. The findings, drawn from ASIC insolvency records, RBA cash rate data, and ABS statistics, suggest that the current volatility in the Middle East could be the “Tipping Point“ for thousands of SMEs already struggling with…
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BILLSON’S Beverages has entered voluntary administration, with proprietors Nathan Cowan and his wife Felicity making the announcement on Wednesday. They have appointed Rob Smith and Matthew Hutton from McGrathNicol as administrators to help them through a deterioration of market conditions. The maker of non-alcoholic cordials and premixed alcoholic drinks on social media said “incredible business growth”…
REVEALED: Latest business liquidations in Casey Herald Sun Read the original article here
REVEALED: Latest business liquidations in Brisbane The Courier Mail Read the original article here
Australian e-commerce and online sales platform Click Frenzy has been placed into liquidation. Australian e-commerce and online sales platform Click Frenzy has been placed into liquidation. An Australian Securities and Investments Commission (ASIC) published notice states the company will be wound up following a meeting by general members of the company on March 30. Frank…
$6.1m debt: Strawberry farm collapses owing 302 employees NT News Read the original article here
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To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…