AVG Travels has collapsed into liquidation, with customers greeted by a notice of the collapse at the company’s head office in Melbourne. · Source: AVG Travels/Facebook Aussie travel company AVG Travels has collapsed into liquidation, leaving thousands of holidaymakers in the lurch. Many customers have had their trips cancelled just days out from travel, while…
‘It’s all legitimate’: Wild Poppies collapse preceeded by sale to director’s son NZ Herald Read the original article here
Director of failed Teak Construction flogging off gear BusinessDesk | NZ Read the original article here
REVEALED: Latest business liquidations in Manningham Herald Sun Read the original article here
Enactment of the UK Corporate Insolvency and Governance Act | Jones Day …
A levelling out of the monthly number of corporate insolvencies in England and Wales is adding weight to signs that the broader economy is showing tentative signs of recovery. This is according to the Midlands branch of the UK’s restructuring, turnaround and insolvency trade body R3 and comes on the back of figures published this…
When financial pressure starts building inside a business, company directors often face difficult decisions quickly. Creditor demands, HMRC arrears, cash flow problems and personal stress escalate fast without the right guidance. The best insolvency advisors do more than just process paperwork. They help directors to understand rescue options, manage legal responsibilities and they protect both…
Angel’s Paradise Pty Ltd has been placed into liquidation following a Federal Court order, with the company now subject to formal winding up proceedings linked to unpaid debts. A notice published on ASIC’s Published Notices platform confirms the company was the subject of an application for a winding up order under the Corporations Act 2001. The matter was…
TGIF 9 July 2021 – By your leave? Principles for leave to sue companies in liquidation clarified Corrs Chambers Westgarth Read the original article here
In 2023, the government launched 2 support payment schemes to help Victorians. These schemes were to help people who paid amounts towards a new home to a building company that went into liquidation. These included the Porter Davis Homes Customer Support Payment Scheme and Liquidated Builders Customer Support Payment Scheme. The Liquidated Builders Customer Support…