Mackay Goodwin and RRI Advisory have announced they will merge to meet the growing demand for quality insolvency advice as Australian businesses continue to struggle. Business advisory and insolvency expertise company Mackay Goodwin will merge with Melbourne-based company RRI Advisory. RRI Advisory is a boutique insolvency company specialising in providing insolvency, turnaround and business restructuring…
PA Media Boris Becker arrived at court with his partner Lilian de Carvalho Monteiro Former Wimbledon champion Boris Becker has been jailed for two and a half years for hiding £2.5m worth of assets and loans to avoid paying debts. The case centred on Becker’s bankruptcy in June 2017 resulting from an unpaid loan of…
The Apprentice candidate Raj Dhonota has experienced bankruptcy twice in his career which he has recently opened up about in an exclusive interview with Express.co.uk. The 49-year-old, who lives in Kent with his family, is planning on moving to California to re-launch his career following his most recent bankruptcy. Longtime fans of The Apprentice will…
NSW Housing Minister Rose Jackson says the NSW Building Commissioner is investigating Homes NSW paying an insolvent builder to construct public housing in Wagga. Photo: Facebook. The Federal Government business regulator “confirmed” a company chosen to build public housing in Wagga “was solvent” at a time it was actually insolvent, according to the NSW Government…
Business consultant handed suspended sentence after fraudulently securing two maximum-value Covid loans WiredGov Read the original article here
The Post Office knew a post office operator would probably be bankrupted by a legal case he brought but wanted to send a warning message to others, a solicitor who worked for the company has admitted. Lee Castleton was made bankrupt by the Post Office after a two-year legal battle. His case is one of…
“Bolstering the business for the future, we’ll be sharing exciting updates soon” Recently, the Dutch branch of Infarm, which had already scaled down its activities in the Netherlands, was declared bankrupt. The vertical farming company had already been granted a deferment of payment. That suspension status has now been converted into bankruptcy. The company was…
A record number of businesses have been placed into administration in the past year, an inquiry has been told, with advocates saying inflationary pressures are affecting multiple industries. Officials from Australia’s corporate watchdog told a parliamentary inquiry into the cost-of-living crisis that 11,053 businesses entered external administration in the 2023/24 financial year. ASIC commissioner Kate…
Neill had been investigated by the UK’s insolvency service for the last seven years, leaving him stuck with bankrupt status and unable to even own a mobile phone on a contract. The Times reported at the height of Neill’s financial struggles, the lights would go out in his home because he was unable to top…
Munich-based biomethane trader Landwärme is at the start of insolvency proceedings under its own management. The company announced that business operations in Berlin and Munich – including all 140 employees – will continue until further notice. Landwärme managing director Zoltan Elek will remain in charge during the upcoming reorganisation phase. Lawyer Katharina Wilke will support…