Image: XL Express One of Australia’s largest independent transport operators, XL Express, has entered voluntary administration after 35 years in business. The Queensland-based company, which launched in 1990 and built a national road transport logistics network, has appointed FTI Consulting as voluntary administrators to carry out what it describes as an “urgent assessment”…
In the decision, Dunmore Lang Colleges Ltd were seeking to wind up CII Group Pty Ltd (CII). Despite CII delaying the progress of proceedings by asserting it was solvent, voluntary administrators were appointed the day before hearing for a winding up application on the basis that the company was insolvent or likely to become…
Lenders of Jaiprakash Associates Ltd (JAL), which is under insolvency, will meet on July 1 to discuss resolution plans submitted by five corporates among other issues. In a regulatory filing on Monday, JAL informed that “the 16th meeting of the Committee of Creditors (CoC) of the company will be held on 1st July, 2025.” The…
Mosiac Group goes into liquidation Inside Retail Australia Read the original article here
Hobart-based appliance store Elite Appliances has been placed into liquidation, catching both staff and industry insiders by surprise. The closure was confirmed through an Australian Investment and Securities Commission statement earlier this week. Hobart-based financial consultancy Apex Advisory has been appointed as liquidator. “Notice is given that at a general meeting of the members of…
An Australian producer’s company collapsed owing a whopping $7.5 million with just $304,000 set to be paid back to creditors. Concerns have also been raised that the producer David Venn has launched a new company called DV Live, with claims it is using sets and costumes from previous productions – including with names of previous…
MG Non-Life Insurance shifts from liquidation to sale under new administration The Korea Times Read the original article here
By Catherine Marfin ( July 1, 2025, 6:05 PM EDT) — A small Texas residential and commercial solar company has filed for Chapter 7 liquidation in federal court, citing $3.9 million in liabilities…. Law360 is on it, so you are, too. A Law360 subscription puts you at the center of fast-moving legal issues, trends and…
Cosmoss, the premium skincare and wellness brand, founded by the supermodel Kate Moss has entered liquidation proceedings. According to corporate filings, the company appointed liquidators on June 24, and filed to close its operations via the winding up process on June 25. In its liquidation filing, the company declared it owed $4 million to creditors,…
Carmat files for insolvency MassDevice Read the original article here