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No Cookies | The Courier Mail

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. 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…

Cue Clothing collapses into administration

Cue & Co Pty Ltd, the overarching business behind the Cue and Veronika Maine brands, has entered voluntary administration.  Kate Warwick and Vaughan Strawbridge of FTI Consulting in Australia have been appointed as Receivers and Managers following the appointment of voluntary administrators. Duncan Clubb and Shaun Mckinnon of BDO were appointed as voluntary administrators by…

Caravan manufacturer Australian Off Road collapses into administration after days of uncertainty

Embattled Queensland caravan manufacturer Australian Off Road (AOR) has collapsed into administration after days of speculation about the company’s future.  The company, based on the Sunshine Coast, suddenly went offline last week when it disconnected phones, pulled its website and locked the factory’s gates. The unexplained closure left suppliers, customers and other stakeholders in the…

Subhash Chandra case effect? IBBI proposes 4 insolvency changes that could impact companies

Four changes proposed The proposals cover four areas: voting rights of related-party creditors, scrutiny of avoidance transactions during the resolution stage, mandatory valuation of the personal guarantor’s assets, and fuller recording of creditors’ objections and reasons while considering a repayment plan. Under the first proposal, a creditor that is a related party of the guarantor…