REVEALED: Liquidator appointments for businesses in the Vincent council area for May 25 Daily Telegraph Sydney Read the original article here
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The High Court has rejected attempts to remove the Official Receiver of Cytonn High Yield Solutions (CHYS) LLP as the firm’s liquidator over allegations of favouring secured lenders, mismanaging assets, operating without transparency, and mishandling the proposed sale of a Sh1 billion stake in Superior Homes Kenya. The court dismissed claims by an unsecured creditor—Pastor…
Ferrari-driving failed firm owner owes $4m, faces probe BusinessDesk | NZ Read the original article here
The Democratic Alliance (DA) wants to launch an investigation into South Africa’s competition laws following two high-profile disputes involving long-time suppliers to Woolworths. The debate intensified after the collapse of Beyers Chocolates and the closure of Grey’s Marine, both of which blamed deteriorating relationships with Woolworths for their downfall. The retailer has strongly denied responsibility…
An Australian retailer renowned for selling US sports merchandise has entered voluntary administration. Stateside Sports will keep its doors open while administrators figure out what to do with the chain’s 31 stores. Advisory firm DVT Mcleods was appointed voluntary administrator on May 22. The sports retailer was established in 2017 and garnered a large following…
VeroGuard Systems saved from liquidation after $55m collapse Herald Sun Read the original article here
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