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Hospitality also continues to face elevated insolvency pressure, with its liquidation rate sitting 3.3 times that of the average New Zealand business. During the past 12 months, 422 hospitality companies entered liquidation, up from 297 a year earlier. More than 2900 hospitality businesses also ceased trading during the period, an increase of 38%. “It doesn’t…
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…
As administrators seek a financial lifeline for collapsed construction firm Bathla, a specialist debt recovery firm is vying to represent scores of Sydney businesses as unsecured creditors. A week after Bathla and a suite of related companies entered voluntary administration, leaving the fate of thousands of half-built homes in the balance, Corporate Recovery Partners is…
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…
REVEALED: Liquidator appointments for businesses in the Somerset council area for September 2 The Courier Mail Read the original article here
Ebru Evrim Roberts has spoken to The Press about the voluntary liquidation of Ebru Evrim Ltd, a limited company based in Harrogate. A liquidator’s report known as a statement of affairs says the company had an estimated deficiency or debts of more than £1 million, including £6,696.81 the company owed Ebru as an employee. The…
REVEALED: Liquidator appointments for businesses in the Brisbane council area for September 2 The Courier Mail Read the original article here
Australia’s troubled recycling sector is facing another potentially devastating blow, with a major facility that processes 20,000 tonnes of plastic annually entering voluntary administration. Dozens of jobs hang in the balance after it was announced this week that Recycling Plastics Australia had appointed voluntary administrators. The company’s future is now uncertain — with administrators assessing…