Former One Nation senator and declared bankrupt Rod Culleton is, in his own words, “not dead yet” and he’s going down swinging in the fight to retain his seat. The West Australian farmer has been subtly warned, via his lawyer, that he risks prosecution for impersonating a public official if he persists in claiming to be a senator.…
JOBS have been lost as a Huddersfield food firm has gone into liquidation. Staff at Aspleys Shaw & Lisle were told that it could not continue due to its financial position. The firm, which made sandwiches, called all staff in for a meeting at 1.30pm and announced the news. Mohammed Akhtar, a driver, said: The…
“The joint venture exploration company has ceased operation and entered the liquidation phase,” Chinalco said in an emailed statement. Bloomberg by David Stringer Rio Tinto Group and its largest shareholder Aluminum Corp of China have terminated their joint venture established to find copper deposits, as global mining companies tighten exploration budgets. Chinalco Rio Tinto Exploration Co,…
Bus Eireann told staff about a series of large cuts to payments and allowances and a reduction in temporary staff today as it seeks to avoid insolvency. The company said that if the programme of cuts are implemented fully it would be ready to offer staff an average pay rise of 2% a year over…
The National Company Law Tribunal (NCLT) on Wednesday admitted the insolvency petition filed by UB Engineering Ltd (UBEL), part of the Vijay Mallya-owned UB group. As part of the process, the tribunal’s Mumbai bench, where the petition was filed, has appointed insolvency professional A K Mehta to initiate the process of insolvency resolution. …
A former Scotland goalkeeper has been made bankrupt with debts of more than £210,000. Rab Douglas, who played for Celtic and Dundee and was capped 19 times for his country, was declared insolvent after failing to settle large bills. Most of the money is thought to be owed to the tax authorities and relates to…
Troubled Australian music streaming service Guvera has escaped an attempt to have its business sent to the liquidators. An investor had been seeking an order to wind up the Gold Coast company, claiming a debt of almost $1.8 million. Guvera was shaping as Australia’s biggest challenger to streaming giants Spotify and Apple. Kwong Properties took the business, which was…
Company Appointee/Solicitor Role Company Name Published Date Cor Cordis Dino Travaglini liquidator THEGREATSOUTHLAND PTY LTD 17/01/2017 HLB Mann Judd Kimberley Stuart Wallman liquidator Restell Holdings Pty Ltd 17/01/2017 McGrathNicol Robert Michael Kirman liquidator Texcom Equipment Co Pty Ltd 17/01/2017 McGrathNicol Robert Michael Kirman liquidator Texcom Pty Ltd 17/01/2017 Mackay Goodwin Domenico Alessandro Calabretta liquidator Auzzie…
Troubled Australian music streaming service Guvera has escaped an attempt to have its business sent to the liquidators. An investor had been seeking an order to wind up the Gold Coast company, claiming a debt of almost $1.8 million. Guvera was shaping as Australia’s biggest challenger to streaming giants Spotify and Apple. Kwong Properties took the business, which was…
A Richmond law firm hit by a massive trust fund shortage has filed a notice saying it is insolvent and will make a proposal to creditors under the Bankruptcy and Insolvency Act. Richmond lawyer Hong Guo, whose firm completes about $700 million a year in real estate transactions, said in recent legal filings…