Underworld widow Roberta Williams declared bankrupt

The widow of underworld figure Carl Williams has been declared bankrupt by the Federal Court, after it was reportedly revealed there was almost $300,000 owing in unpaid taxes. The court on Tuesday ordered that the estate of Roberta Merieca Williams be sequestrated, following an application by the deputy commissioner of taxation. Carl Williams’ widow Roberta…

Fisker declares bankruptcy in Austria, production has stopped

There’s a growing sense Fisker is circling the drain, with the automaker’s Austrian division filing for bankruptcy protection overnight. In a statement Fisker said its Austrian arm has “voluntarily filed to open a restructuring proceeding via self-administration”. Business publications suggest this period of self-administration is similar to Chapter 11 bankruptcy protection in the US. The…

After being declared bankrupt, Amsterdam’s StoreShippers shuts shop: Know more 

Pieter Paul van den Hoven, the founder of Amsterdam-based StoreShippers, a provider of last-mile e-commerce delivery services, recently announced the decision to shut the operation through a LinkedIn post.  “As I close this chapter, I’m still excited about e-commerce, logistics, and the value of technology in this space. I’m currently exploring new opportunities and would…

Insolvency a possibility for veteran liquidator

Cascap Advisory’s Brian Silvia. When you profess expertise in cost control, cashflow management and the sundry other indicia of insolvency, acquired during a career spanning decades, receiving a winding up notice must come as a surprise. When that notice is filed in a court by lawyers acting on behalf of the Australian Taxation Office (ATO),…