Two popular venues in Melbourne have gone into voluntary administration as teams work to find a way to keep the “much-loved, iconic” venues afloat. Tracey Lester, the owner of the companies behind the Carlton Club and the Windsor Castle Hotel, has hired Cor Cordis administrators Rachel Burdett and Shaun Matthews to restructure the financial affairs…
By Market Capitalisation.Net Sales.Net Profit.Total Assets.Excise.Other Income.Raw Materials.Power & Fuel.Employee Cost.PBDIT.Interest.Tax.EPS.Investments.Sundry Debtors.Cash/Bank.Inventory.Debt.Contingent Liabilities. Screen Crit AbrasivesAerospace & DefenceAgricultureAir ConditionersAirlinesAluminium & Aluminium ProductsAmusement Parks/Recreation/ClubAquacultureAuto AncillariesAuto… Read the original article here
Darcella Ltd offered heavily discounted hospitality packages to businesses for in-demand music and sporting events The company’s clients paid for packages which were later cancelled with no refunds provided Darcella benefitted by more than half a million pounds between Autumn 2022 and Spring 2023 A company which offered discounted corporate hospitality to major sporting and…
Insolvencies among German businesses were up by almost 25% this year, credit bureau Creditreform said on Monday, as firms are grappling with rising energy prices, the ailing economy and the fallout from the coronavirus pandemic. With no signs of improvement, the number of insolvencies is expected to rise to record levels in 2025, the credit…
Speaking on a recent episode of The Lawyers Weekly Show, Maria O’Brien, a partner specialising in restructuring and insolvency at Clayton Utz, discussed the dramatic rise in corporate insolvency in Australia this year. She also delved into the various interconnected factors that have contributed to corporate insolvency “really taking off this year”. O’Brien indicated that…
Secured creditors include Mico New Zealand, Carters Building Supplies, United Timber Merchants, waterproofers H2OFF Central and Albany’s Blomfield Consulting. Stage one of the Mountview Green housing development in Ian St, Koutu. Photo / Supplied But a real estate agency, building material suppliers and trade businesses are also on two lists. What prospect there is of…
National, local companies are creditors of Rotorua housing project New Zealand Herald Read the original article here
Fortune Rise Acquisition (FRLA) announced the termination of its Business Combination Agreement with Water On Demand, Inc. and its subsequent liquidation. The mutual termination was executed on December 9, 2024. As FRLA did not make the required monthly extension deposit on December 5, 2024, the company will cease operations and…
Lorraine McGowen Partner New York Lorraine brings 30+ years of legal experience in bankruptcies, out-of-court restructurings, sovereign debt restructurings and creditors’ rights controversies. She interfaces with auditors, government regulators, investment bankers and others, and develops and implements mediation and litigation strategies, and negotiates reorganization plans and complex corporate and finance documents. She…
Fortune Rise Acquisition Corporation Announces Termination of Business Combination Agreement with Water On Demand, Inc. and Subsequent Liquidation AccessWire Read the original article here