Insolvency firms ready pitches for Masters mandate – The Australian Financial Review

Masters is believed to have attracted the interest of global private equity giant Blackstone. David Mariuz Woolworths still has at least 15 business days to come to agreement with US retailer Lowe’s about the value of their home improvement business and hasn’t completely given up on finding buyers for Masters and Home Timber and Hardware. However, the…

Toasted sandwich business Jaffle Jaffle collapses into voluntary administration – SmartCompany.com.au

A business specialising in toasted sandwiches has collapsed into voluntary administration. Jaffle Jaffle Group Pty Ltd appointed external managers in late January, with Gideon Rathner from Lowe Lippmann acting as administrator. The first creditors meeting was held on 5 February. Jaffle Jaffle was founded in late 2013, selling a range of gourmet toasted sandwiches. Its…

Singulus needs support from bondholders to prevent insolvency – PV-Tech

Stocks: SNG Singulus Technologies has highlighted the essential support it needs from shareholders and bondholders to avert liquidity issues that would force the company into insolvency. Specialist PV manufacturing equipment supplier Singulus Technologies has highlighted the essential support it needs from shareholders and bondholders to avert liquidity issues that would force the company into insolvency.…

Company behind 20 Jeep clothing and footwear stores collapses into voluntary administration – SmartCompany.com.au

The company with the licence to sell Jeep clothing and footwear in Australia has collapsed into voluntary administration. The collapse comes around 10 years after Jeep opened its first concept store in Melbourne through local licensee Revolution Brands. Revolution Brands appointed voluntary administrators last week, with Barry Wright from Cor Cordis Chartered Accountants acting as…