Discount retailer Choice The Discount Store is pushing ahead with rebranding more than 40 Cheap as Chips retail stores, as administrators also finalise the affairs of Cheap as Chips’ previous owner. Choice acquired 45 Cheap as Chips stores in March for a reported figure of $10.2 million, after the long-running business was placed in voluntary…
One of Australia’s biggest retailers for NBA jerseys, NFL merchandise and sneaker apparel has entered voluntary administration, with 31 stores now under review. Stateside Sports is continuing to trade while the future of the business, including its national store footprint and online operations, hangs in the balance. Advisory firm DVT Mcleods has been appointed to…
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Voluntary liquidation stops SDLT group relief clawback on later sale Simmons & Simmons Read the original article here
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The joint administrators of Orbex have said a deal involving spaceport-related assets is at an advanced stage – however – because the transaction is structured as an asset sale rather than a sale of the company itself, Sutherland Spaceport Limited (SSL) will be placed into liquidation. The company will formally be closed once liquidators are…
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MEP Infrastructure Developers CFO resigns effective May 31 scanx.trade Read the original article here
The organisation behind of Australia‘s largest and longest-standing early stage start-up communities has collapsed into voluntary administration. KPMG Australia’s Gayle Dickerson and Phil Quinlan will oversee a strategic restructing of not-for-profit Fishburners, which has fostered more than 35,000 entrepreneurs since 2011, including furniture company Koala and pet-sitting service Mad Paws. The Sydney-based hub supports tech…