Illustration: John Shakespeare. It was Mr Tinkler’s big punt on thoroughbred racing that soaked up most of the fortune he made from coal during the resources boom. He squandered millions more buying up Newcastle’s major sports teams such as the NRL’s Newcastle Knights and the FFA’s Newcastle Jets, which was the last part of his…
FUELL Inc., the electric bicycle and e-motorcycle startup built largely on the name of the legendary motorcycle visionary Erik Buell, has entered into chapter 7 bankruptcy proceedings. For some time now, I’ve been attempting to chase down answers from the electric bicycle maker FUELL regarding the company’s failure to deliver on its popular Flluid-2 and…
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Michael Jarrett said this could be the outcome if a deficit for special educational needs and disabilities (SEND) rose further and government help was not offered. The council officer clarified the authority’s gloomy economic outlook during this week’s schools forum meeting. He was answering a question from special school representative Bradley Taylor about whether Bucks…
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TOTAL CONSTRUCTION insolvencies in 2024 were down 6.3% on the previous year, according to the latest data from the Insolvency Service. Construction firms accounted for 15% of all insolvencies in England and Wales in November 2024, with 316 registered construction businesses becoming insolvent. By rough comparison, construction firms accounted for 14% of all registered businesses in the…
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The bankruptcy court in Mumbai approves IHL Lifesciences Pvt Ltd‘s acquisition of the listed firm Parental Drugs India Ltd. Before the tribunal’s approval, the Company’s Committee of Creditors (CoC) had approved IHL Lifesciences’ resolution plan for Parental Drugs India with 100% of the vote. “It (resolution plan) shall be binding on the corporate debtor (Parental…
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His pitch is to convince both the NSW and Queensland governments that their interests would be best served by keeping Star Entertainment afloat. He will be arguing that an administrator would be disinclined to fund the casinos to keep their doors open, and that if governments want to protect the 9000 jobs at stake, they…