A Nottinghamshire construction boss who fraudulently removed more than £700,000 from four failing companies and transferred the money to his casino account has been jailed. Wesley Grainger-Smith, 66, was sentenced to two years and four months in prison at Lincoln Crown Court on Friday 28 February. Grainger-Smith, of Gainsborough Road, Winthorpe, had previously pleaded guilty…
Honortech Faces Insolvency Battle as AdGlobal360 Fights for Unpaid Dues BW Legal World Read the original article here
Deloitte says the objective is for Brindabella Christian College to emerge from administration on a sustainable financial footing. Photo: Michelle Kroll. Brindabella Christian College has gone into voluntary administration as it faces battles on a number of fronts, including the Tax Office pursuing an $8 million debt. Deloitte advised parents and carers in a letter…
The troubled Brindabella Christian College has entered voluntary administration in the latest instalment of the Canberra private school’s long-running financial struggles. Parents and carers received a letter from Deloitte administrators on Wednesday informing them of their appointment. “We understand this may cause some concern, but we want to assure you that our key focus will…
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“We are undertaking an immediate assessment of the affairs and financial position of the college, and we will work closely with key stakeholders, including the federal and ACT governments, to stabilise the college’s financial position and establish a new and sustainable governance framework.” Read the original article here
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A Sydney subcontractor that works on major NSW government jobs has collapsed owing millions of dollars in taxes, bringing it and its related entities’ total tax debt to almost $30 million in just four years. The Australian Taxation Office last Friday forced formwork contractor M2 Sustainable Services trading as Metsquare 2, whose director is eco-tech…
Road Sector Insolvency: Rs 4,600 Cr Claims Recovered, Outpacing Corporate Cases BW Businessworld Read the original article here