Jon Adgemis’ long-time lieutenant has dramatically turned on the former KPMG dealmaker, accusing him of funding his exorbitant lifestyle through his companies, including from GST refunds the tax office alleges he was not entitled to claim. Former JAGA Group chief financial officer and current Woollahra councillor Alexander Andruska told the Federal Court on Wednesday of…
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REVEALED: Latest business liquidations in Manningham Herald Sun Read the original article here
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gettyimages.com An Amsterdam court declared Europe’s second-largest bicycle maker formally bankrupt on Tuesday, converting a six-day provisional suspension of payments into full insolvency and setting off a cross-border scramble to determine which of Accell Group’s 14 brands — among them Raleigh, Batavus, Haibike, Lapierre, Ghost, Koga, Sparta, and Babboe — can survive without the Dutch…
BREAKING NEWS: Accell Group declared bankrupt Bike Europe Read the original article here
Dutch bicycle maker Accell, owner of Batavus and Sparta, declared bankrupt | NL Times Skip to main content Read the original article here
Our take on the Accell debacle Accell’s financial difficulties are serious, but the fate of Haibike, Winora, Ghost and other Accell bicycle brands is by no means sealed. The voluntary administration process offers the opportunity to restructure the strong German divisions in an orderly manner and to find investors. However, owners of Accell bikes should…
Mercantile Ports updates on insolvency tribunal hearing Investing.com Read the original article here