Leading Australian post production company that worked on major Hollywood films collapses with nearly $4million in debt

By CAITLIN POWELL FOR DAILY MAIL AUSTRALIA Published: 01:35 AEST, 11 July 2025 | Updated: 02:59 AEST, 11 July 2025 The Australia-based firm behind the post-production of hits such as Aquaman, Pirates of the Caribbean and Thirteen Lives has fallen into liquidation. Cutting Edge Post, which has offices in Brisbane, Sydney and the Gold Coast, announced…

Devon skydiving company closes after tragic deaths

Skydive Buzz, based in Dunkeswell Aerodome, said it made the “difficult decision” to cease operations and place the company into compulsory liquidation. Skydive instructor Adam Harrison and Belinda Taylor from Totnes died after their parachute failed to open during the tandem dive on June 13. A statement on company website said: “It is proposed that the company…

Disability employment provider Bedford ‘staves off’ administration as SA government steps in

Disability employment provider Bedford will avoid entering voluntary administration for now, with the state government offering a $15 million lifeline to the organisation. Bedford had flagged on Thursday that it would enter administration on Sunday unless it was given a financial lifeline. Premier Peter Malinauskas said a “comprehensive” rescue plan has now been developed to…

Restriction On CIRP Assignments Taken By IRP Is A Matter Of Code Of Conduct Between IBBI & Resolution Professional: NCLT Mumbai

The National Company Law Tribunal (NCLT) Mumbai bench of Shri Prabhat Kumar (Technical Member) and Justice Shri V.G. Bisht (Judicial Member) has held that restrictions on the number of Corporate Insolvency Resolution Professional (CIRP) assignments an Insolvency Professional (IP) can take is a conduct of code between the Insolvency and Bankruptcy Board of India (IBBI)…