The ongoing saga surrounding Victoria’s Esoteric Festival this year has come to an unfortunate end, with the festival officially announcing its demise. According to a post shared on Facebook by Co-Founder and Director Sam Goldsmith this week, the festival officially entered voluntary administration as of June 11th. “This is by far the hardest thing Ive…
Man behind collapsed trucking firm bankrupted Stuff Read the original article here
The FCA confirmed that on 4 June 2025, the company ceased trading and entered liquidation, with Simon Farr and Tom Bowes of FRP Advisory Trading Limited appointed as joint liquidators. The regulator said it is working closely with them to ensure customers are supported through the transition. MNEL, which is authorised and regulated by the…
Foreign-invested companies in Vietnam are increasingly under pressure from rising operational costs, tighter regulatory enforcement, and weakening global demand. While some seek to restructure, others are planning an orderly exit. Vietnam provides legally defined pathways for both recovery and liquidation, but these are governed by domestic laws that require close navigation and local expertise. Corporate…
In a bold and alarming statement, on-chain analyst OxChain raised the possibility of a catastrophic collapse involving Strategy (formerly MicroStrategy), the Bitcoin proxy firm co-founded by Michael Saylor. According to OxChain, this potential downfall could surpass the infamous collapse of FTX. ‘Strategy’s Bitcoin Tactics Resemble Ponzi Scheme’ In a recent post on X (formerly Twitter),…
IBC Sees Highest-Ever Recovery in FY25 but Resolution Delays and Haircuts Remain a Drag: ICRA Moneylife Read the original article here
The first home buyer lost $2088 when the business she was buying whiteware from went into liquidation. File photo. Photo: RNZ A customer who has been left $2000 out of pocket due to the failure of an appliance retailer says there need to be better protections for unsecured creditors. The woman – who did not…
Kjell Inge Rokke’s AMSC to make final payment of up to $11m before liquidation Tradewinds News Read the original article here
Kjell Inge Rokke’s AMSC to make final payment of up to $11m before liquidation Tradewinds News Read the original article here
While the amount wasn’t revealed, Anacacia indicated it stemmed from its $300 million Private Equity III LP fund. It also has dabbled frequently in winning federal government tenders over the last 15 years, as listings on AusTender show Mwave has won a collective $2.4 million across 61 tenders. Founded by Victor Lee in 2006, Mwave…