A lifeguarding service provider that has gone into liquidation will be asked to pay more than $400,000 in unpaid superannuation to former employees. Documents from the Australian Securities and Investments Commission (ASIC) and liquidators show the Australian Taxation Office (ATO) will also claim an additional $1.4 million from the company. The business, LSA Venues Central…
“Price escalations made a number of projects uneconomic quite quickly,” the report states. “There have been a number of issues with projects over the last few years which have had a large impact on working capital.” Legal action is also under way by a former customer over costs related to an incomplete build. According to…
Remeber Bollinger Motors? The last time we checked in on the EV startup, it was filing a lawsuit against UK-based Munro for patent infringement. Prior to that, the company decided to step away from plans to build its blocky B1 SUV and B2 pickup in favor of a large commercial vehicle called the B4. Now,…
Shoppers who stocked up on Hudson’s Bay blankets or other goods adorned with the iconic retailer’s stripes, hoping they’d become collector’s items, may be in for disappointment. On Thursday, Canadian Tire announced it will pay $30 million to take over Hudson’s Bay’s intellectual property, including its famous four stripes motif, various company names, logos, and the retailer’s coat of…
Aussie brides await delivery of gowns as luxury bridal brand enters administration Lismore City News Read the original article here
Vaughan Strawbridge and Joseph Hansell of FTI Consulting have been tapped as voluntary administrators of the head Roberts Co company, Tycoon is closer to exiting the construction industry as the head company of his Roberts Co building empire went into administration and big contractors are poised to pick up key jobs in Victoria where work…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
Creditas Financial Solutions Ltd Creditas is pleased to announce the successful liquidation of FIDCs Creditas Auto I, IV, V, VI, and VII, which provided accumulated returns of 77% to 105% to senior and mezzanine quotaholders of the respective funds, demonstrating the company’s commitment to structuring low-risk and highly attractive return securitization vehicles. Throughout their cycles,…
Major Taranaki funder calls process ‘fit for purpose’ in wake of grantee’s liquidation history thepost.co.nz Read the original article here
Electrolysers maker McPhy fails to find buyer, heads for liquidation Renewables Now Read the original article here