Valley Eyewear collapses into liquidation; court orders ‘urgent sale’ – Inside Retail Australia
Valley Eyewear collapses into liquidation; court orders ‘urgent sale’ Inside Retail Australia Read the original article here
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MCA to examine litigation funding for PUFE transactions under insolvency
The Ministry of Corporate Affairs (MCA) will examine litigation funding for preferential, undervalued, fraudulent, and extortionate (PUFE) transactions under the insolvency regime to improve recoveries, the ministry told a parliamentary standing committee in a written reply. “Litigation funding for PUFE transactions will be examined in light of global best practices and refined through detailed consultation…
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Valley Eyewear: Gold Coast celeb eyewear brand enters liquidation
A Gold Coast eyewear brand worn by the likes of Chris Hemsworth, Margot Robbie and Kanye West has collapsed – triggering a fire sale of more than $600,000 worth of stock. Valley Eyewear fell into liquidation after a court ordered the urgent sale of the business, stock and optical equipment. The related company House of…
Excelsior Capital Sets Final Capital Return as It Prepares to Delist and Enter Liquidation
Excelsior Capital Limited has reported the results of its 2026 general meeting, confirming shareholder approval for a capital return and outlining the final stages of its wind-up. The company will return approximately $24.3 million to shareholders on 28 August 2026, with a further $3.7 million to be distributed by a liquidator after the realisation of…
Billboard Media back in business after lockout last week
Billboard Media is back in business after being locked out of its premises in Dandenong in Victoria last week. A notice obtained by Sprinter on Thursday last week shows a message from Jennie Arabi from Jem Lawyers explaining that they have taken possession of the premises. “To the Occupier, 3-5 Healey Road, Dandenong South, Victoria.…