Quintis collapse: investors left with thousands of worthless shares after company calls in administrators – The West Australian

Bankruptcy

Besieged sandalwood company Quintis has collapsed, rendering worthless the shares of thousands of investors. Directors of the cash-strapped company said today they had called in administrators from KordaMentha following Fridays decision by a US fund manager to exercise an option demanding Quintis buy back $37 million of sandalwood plantations. The company does not have the…

Bankrupt rugby league star in court for trying to leave the country – Brisbane Times

Bankruptcy

Former rugby league star Jarrod McCracken has faced a Brisbane court accused of leaving the country while bankrupt. McCracken, 47, appeared in the Brisbane Magistrates Court on Friday charged with four counts of leaving Australia while an undischarged bankrupt. Former league star Jarrod McCracken. Photo: Robert Rough The embattled former New Zealand footballer was declared…

Price Bailey enhances insolvency offering with new appointment – Cambridge Network

Bankruptcy

Marc joins Price Bailey with experience working for a top 10 UK accountancy firm, having accumulated nearly 30 years working within Insolvency overall. His breadth of experience covers all aspects of corporate and personal insolvency across various industries including Construction and Healthcare, amongst others. Having worked across East Anglia and London for the past 15 years,…

Wanderlust festival’s Australian-New Zealand arm goes bust, leaving businesses out of pocket – ABC Local

Bankruptcy

Queensland businesses say they are owed thousands of dollars by the organisers of the Australian and New Zealand arm of popular global lifestyle and yoga festival Wanderlust, who have gone into liquidation. The company had staged several festivals around both countries in the past four years, but filed for insolvency this month. Wanderlust was…

Price Bailey enhances insolvency offering with new appointment – Cambridge Network

Bankruptcy

Marc joins Price Bailey with experience working for a top 10 UK accountancy firm, having accumulated nearly 30 years working within Insolvency overall. His breadth of experience covers all aspects of corporate and personal insolvency across various industries including Construction and Healthcare, amongst others. Having worked across East Anglia and London for the past 15 years,…