An Australian fashion designer is living the high life in Bali while former customers and creditors are left to ask where their money has gone. Jessica White’s Instagram page features pictures of the fashion designer enjoying sunset drinks at a Bali beach club and kicking back on picturesque beaches. But back home, Ms White’s company,…
GPS cleaning company treated vulnerable employees as ‘slaves’: court exit Xiao Teng was supporting her partner who was undergoing chemotherapy when cleaning company Grouped Property Services Pty Ltd stopped paying her. Her colleague Freddy Herrera, an engineering student from Colombia, worked for GPS for five hours a day, seven days a week and “was grossly…
GPS cleaning company treated vulnerable employees as ‘slaves’: court exit Xiao Teng was supporting her partner who was undergoing chemotherapy when cleaning company Grouped Property Services Pty Ltd stopped paying her. Her colleague Freddy Herrera, an engineering student from Colombia, worked for GPS for five hours a day, seven days a week and “was grossly…
Anthony SitaPicture: Picture: The West Australian The family behind a contractor facing more than $500,000 payment claims over a Kalbarri tourism project endured a corporate collapse 18 months ago. Antonio Sita, whose son Anthony owns Civils WA, put Woodstock Civil & Drainage into voluntary liquidation in December 2015 with a reported $2.2 million in debts.…
A Sydney labour hire firm has been ordered to pay more than $670,000 over its use of a sophisticated phoenixing operation to underpay foreign workers and treat them like “slaves”. The Federal Court on Wednesday ordered Grouped Property Services, which provides cleaning services, to pay near-record penalties of $447,300 and backpay of $223,244 to 49 employees after…
WOODBRIDGE, N.J., June 05, 2017 (GLOBE NEWSWIRE) — EMRISE CORPORATION (formerly traded on OTCQB under the symbol EMRI) (EMRISE or the Company), announced today that it has instructed its paying agent, VStock Transfer, LLC (Paying Agent), to begin the process of distributing the previously announced fourth liquidation dividend of $980,000, or $0.09 per share, to…
WOODBRIDGE, N.J., June 05, 2017 (GLOBE NEWSWIRE) — EMRISE CORPORATION (formerly traded on OTCQB under the symbol EMRI) (EMRISE or the Company), announced today that it has instructed its paying agent, VStock Transfer, LLC (Paying Agent), to begin the process of distributing the previously announced fourth liquidation dividend of $980,000, or $0.09 per share, to…
WOODBRIDGE, N.J., June 05, 2017 (GLOBE NEWSWIRE) — EMRISE CORPORATION (formerly traded on OTCQB under the symbol EMRI) (EMRISE or the Company), announced today that it has instructed its paying agent, VStock Transfer, LLC (Paying Agent), to begin the process of distributing the previously announced fourth liquidation dividend of $980,000, or $0.09 per share, to…
Jess Parker Daniel O’Neill with one of his company’s diggers, which was vandalised back in 2008. A former director of a South Canterbury earthmoving business has been ordered to pay more than $450,000 to the company and its liquidators. A High Court judge has ordered Daniel O’Neill, the former director of O’Neill Earthmoving, to pay…
Restructuring an international group of companies in Europe continues to be challenging. While companies can transact business freely across European borders, coordination between the stakeholders involved in a cross-border restructuring has proved to be difficult. The cross-border restructuring of a corporate group is often complicated by a multitude of individual liquidation proceedings spread…