Deed puts PGA of WA on path out of administration

THE Pastoralists and Graziers Association of Western Australia is preparing to take back control of its affairs now that its creditors have accepted a Deed of Company Arrangement. Proposed by voluntary administrators RSM Australia, the deed was accepted at the second meeting of creditors held in Perth on March 7. RSM Australia partners Jerome Mohen…

Nocookies | Sky News Australia

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Hudson’s Bay cuts 200 corporate roles as painful liquidation process begins

“This is a difficult reality of the restructuring process, and we are committed to treating associates impacted by these changes with respect and support,” Tiffany Bourré, spokesperson for HBC, told the Globe. Corporate layoffs follow bonus announcements While corporate layoffs are underway, store employees are being retained to manage clearance events. Both physical stores and…

Company behind one of Scotland’s largest dental groups…

THE parent company behind one of Scotland’s largest dental groups has entered liquidation, it has been announced.  Beatty Topco Limited, whose registered office is in Leeds, is the parent company of Clyde Dental Practice Ltd and Clyde Munro Group Limited, which operate 65 dental practices across Scotland.  It was announced on Monday that Investec Bank’s private…

Founder warns PE model flawed as Clyde Munro parent enters liquidation under BDO administrators

Clive Schmulian – Founder of Clyde Dental Practice Beatty Topco Limited, the holding company for major Scottish dental organisation Clyde Munro Group Limited and Clyde Dental Practice Ltd, has entered voluntary liquidation with BDO appointed as administrators. Despite the financial collapse, patient care will remain uninterrupted, with the 65-practice network across Scotland continuing to operate…