The business had a number of assets at the date of liquidation, including $2215 in cash, as well as several fixed/intangible assets, although it was too early to determine the value of these. Liquidators determined the business had five security interests registered against it and are currently evaluating preferential creditor claims, including unpaid wages and…
Dubbo Strata enters liquidation with nearly $1m debt amid director transaction scrutiny Daily Liberal Read the original article here
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…
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…
The court approves the judicial dissolution of three key companies of the Prax Group following the request of the Official Receiver. On June 30, 2025, a United Kingdom court issued a formal winding-up order against three Prax group companies: Prax Lindsey Oil Refinery Limited, Prax Storage Lindsey Limited and Prax Terminals Killingholme Limited. The court…
WA iron ore woes after Sino allies become foes The West Australian Read the original article here
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…
Disability employment provider Bedford to go into voluntary administration MSN Read the original article here
Melbourne building collapses into voluntary administration – leaving projects in the lurch MSN Read the original article here
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)…