The news earlier this year that Red Lobster was filing for bankruptcy may have made you curious about how your other favorite businesses are doing in 2024. After all, we’ve heard plenty of reports of the impact of inflation and general struggles for parts of the economy. Check Out: 7 Popular Clothing Brands the Middle…
The company behind the Coles and Woolworths soft plastics recycling program has been declared insolvent after failing to pay storage fees for the thousands of tonnes of plastics it secretly stockpiled around the country. RG Programs and Services Pty Ltd, which trades under the name REDcycle, was wound up by order of the NSW Supreme…
“The individuals who paid Mr Scholz for his tips, to attend seminars or access private online forums, as well as those individuals who purchased shares based on his recommendations or statements of opinion, did not have the benefit of these protections.” Read the original article here
Investors who tipped in $11.4 million earmarked for residential property projects are being left largely empty-handed after property developer Greg Shaw was declared bankrupt on Thursday. More than 130 investors tipped $14.1 million into projects across NSW, Queensland and Victoria after a marketing blitz run by self-styled property mogul Sasha Hopkins on Facebook in 2021.…
BTZ declared bankrupt Bulk Materials International Read the original article here
Vice, Decayed Digital Colossus, Files for Bankruptcy (Published 2023) The New York Times Read the original article here
Getty Images Katie Price was declared bankrupt in 2019 Katie Price must give up almost half of her monthly income from adult entertainment website OnlyFans to repay her debts, a judge has ruled. The High Court court heard that the former model had previously reached a voluntary agreement over her debts, but had failed to…
The Australian Digital 12 Month Plan costs $416 (min. cost) for the first 12 months, charged as $32 every 4 weeks. This automatically renews after the first 12 months to be charged as $32 (min. cost) every 4 weeks. Renewals occur unless cancelled as per full Terms and Conditions. No cancellations during the first 12…
China’s housing minister said Beijing will not be bailing out the country’s distressed property developers. “Real-estate companies that are seriously insolvent and have lost their operating capabilities must go bankrupt and be restructured in accordance with the principles of the rule of law and marketization,” Ni Hong, China’s minister for housing and urban-rural development, said…
Table of Contents {{ tocState.toggleTocShowMore ? ‘Show more’ : ‘Show less’ }} Australia’s business landscape has seen a steady rise in the number of insolvencies in recent months as cost-of-living pressures bite and economic conditions slow down. Although numbers had declined for several years, business collapses are now back above pre-pandemic trends, putting the spotlight…