Manolete Raises £10m Expansion Capital from HSBC Bank – Business Wire (press release)

LONDON–(BUSINESS WIRE)–Manolete Partners PLC, the UK Insolvency litigation funding specialist, is delighted to report that it has completed a £10m expansion financing. The additional new funds from HSBC Bank provide Manolete Partners with a £10m Revolving Credit Facility at a maximum margin of 2.75% above base rate. The new financing facility will be used to…

Choice Living: insolvency specialists called in for beleaguered WA … – PerthNow

HOME builder Choiceliving Homes WA has gone into administration, calling in insolvency and business recovery specialists Cameron Shaw and Richard Albarran. Choiceliving appointed external administrators Hall Chadwick yesterday, days after WAs building watchdog declared it had suspended Choicelivings registration. Last Thursday, Building Commissioner Ken Bowron declared the authority had suspended the registration of Choiceliving, registered…

‘Business as usual’ at NQR after company enters administration – Bendigo Advertiser

The newly appointed administrators of NQR have moved to reassure staff and customers its Kangaroo Flat store is operating as usual as they begin a search for buyers. The grocery clearance company offers dramatic savings on weekly shopping bills and has 24 stores across metropolitan Melbourne and country Victoria. Last week it entered administration and appointed Bruno Secatore and Luke Targett…

Choice Living: insolvency specialists called in for beleaguered WA builder – The West Australian

Home builder Choice Living Homes WA has gone into administration, calling in insolvency and business recovery specialists Cameron Shaw and Richard Albarran. Choice Living appointed external administrators Hall Chadwick yesterday, days after WAs building watchdog declared it had suspended Choice Livings registration. Last Thursday, Building Commissioner Ken Bowron declared the authority had suspended the registration…

‘Business and usual’ at NQR after company enters administration – Bendigo Advertiser

The newly-appointed administrators of NQR have moved to reassure the staff and customers of the Kangaroo Flat store is operating as usual as they begin a search in earnest for buyers. The grocery clearance company offers dramatic savings on weekly shopping bills and has 24 stores across metropolitan Melbourne and country Victoria. Last week it entered administration and appointed Bruno…

Firm accused of helping businesses dodge creditors, tax office, goes into liquidation – ABC Online

Related Story: Pre-insolvency business advisers investigated over missing millions Related Story: ATO chasing millions from companies linked to controversial adviser A firm of business advisers accused of helping company directors hide cash and assets from creditors and the tax office has gone into liquidation, raising questions over whether the…