Retailer Peter Stevens Motorcycles has entered voluntary administration. The business had dealerships across Australia including Victoria and sold new and used motorcycles, parts and accessories. Up to 400 jobs are now at risk, with Herald Sun reporter and motorcycle enthusiast Ian Royall telling Tony Jones on 3AW Drive “it’s a bit of a shock for…
Breaking: Peter Stevens Motorcycles to enter voluntary administration infomoto.com.au Read the original article here
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Christchurch modular housing company Shape Construction has gone under, owing more than $1 million to creditors and leaving homes unfinished. The company went into liquidation on May 2 with Brenton Hunt of Insolvency Matters appointed as the liquidator by the company director. Shape Construction, which began operating in 2012, ceased trading in April. In the…
Christchurch modular housing company Shape Construction has gone under owing more than $1 million to creditors and leaving homes unfinished. The company went into liquidation on May 2 with Brenton Hunt of Insolvency Matters appointed as the liquidator by the company director. Shape Construction, which began operating in 2012, ceased trading in April. In the…
Transcript: AMA Queensland President Dr Nick Yim, ABC Radio Brisbane, Breakfast with Craig and Loretta, Monday 19 May 2025 Subject: Toowong Private Hospital in voluntary administration LORETTA RYAN: Across the country, a growing number of private hospitals are facing an uphill battle to stay in business. A major contributing factor is the difference between the cost…
TONY HETHERINGTON: Gallery that had two disqualified directors on its staff is wound up MSN Read the original article here
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench of Justice Ashok Bhushan (Judicial Member) and Mr. Barun Mitra (Technical Member) that the fact that a majority of consortium lenders are considering debt restructuring with the Corporate Debtor does not preclude an individual member from independently initiating insolvency proceedings under Section 7 of the…
A major Australian retail chain that was ordered into liquidation could have racked up a massive amount of debt — amounting to $58 million – as a court case launched by the company’s owner was recently thrown out. News.com.au broke the news of Ally Fashion’s demise when it was ordered to be wound up by…