Collapsed Christchurch employment firm facing potential Companies Act breaches

Christchurch-based company Trinity Employment Services remains under investigation after the release of a six-monthly liquidation report revealed ongoing concerns about possible breaches of the Companies Act. The company, run by Cassandra Knox, was placed into liquidation on 30 May 2024, with the Official Assignee appointed as liquidator. Knox had earlier pleaded guilty to tax evasion charges linked…

Australia’s environmental not-for-profit Planet Ark goes into voluntary administration

Planet Ark Environmental Foundation, one of Australia’s largest environmental non-for-profits, has entered voluntary administration following a board review of the organisation’s “financial position and future viability”. What is voluntary administration? Have you also been pretending you know what voluntary administration actually means? Don’t worry. We asked an expert to explain in simple terms. The organisation’s…