The liquidator of collapsed buyers’ agency Dashdot expects to retrieve a $70,000 loan made to its founders, with less hope of recovering a $3 million inter-company loan for Dashdot’s long list of creditors. A June report from liquidator Rebecca Gill has shed more light on the finances of Dashdot Pty Ltd, which suddenly caved in…
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REVEALED: Latest business liquidations in Scenic Rim The Courier Mail Read the original article here
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Stirling Sports franchisee collapse leaves creditors facing $2.245m shortfall Stuff Read the original article here
The founders of prominent activewear brand Stax have publicly apologised to customers who have been left with unfulfilled orders, as the once multimillion-dollar retail operation formally enters liquidation. Stax was placed in receivership in June but continued to trade while receivers from FTI Consulting urgently assessed the business. Related Article Block Placeholder Article ID: 340412…
However, Hunt’s second liquidator report has revealed a worsened position, with creditors of all classes owed a combined $2.245 million. Over the past six months of the company’s liquidation, Hunt has sold plant, equipment and stock at auction for a total of $97,008, although $19,473 of this was distributed for auction costs and commissions. Hunt…
A Western-brokered debt deal, by contrast, could be read not just as climate policy but as strategic alignment. Indian officials have already expressed concern that international trusteeship of Nepal’s rivers could complicate the trade of hydropower. And critics across the Global South have described Western swaps as a form of green conditionality — conservation commitments…
That surge in DPN use is now drawing regulatory scrutiny of its own. The tax ombudsman’s review of how the ATO administers DPNs is scheduled to begin this month, examining cases including directors who were unaware of their personal liability or affected by illness. The review notes that the ATO issued more than 84,000 DPNs…
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