“I am not going to be too hard on my former management,” he wrote on Instagram. “They spread themselves too thin trying to support their people, and stuffed up the numbers.” Not all of Ivanoff’s clients were so forgiving. Speaking on condition of anonymity for fear of complicating legal actions others might be pursuing, one…
An iconic drinks brand has been saved from being liquidated after spending months in voluntary administration. The beverage brand run by husband-and-wife team Nathan and Felicity Cowan out of Beechworth in north-east Victoria, Billson’s Brewery, was placed into administration in July. Creditors McGrath Nicol last week outlines three options for the company: an end to…
By FREDDY PAWLE FOR DAILY MAIL AUSTRALIA Published: 16:38 AEDT, 5 December 2024 | Updated: 16:41 AEDT, 5 December 2024 An iconic drinks brand has been saved from being liquidated after spending months in voluntary administration. The beverage brand run by husband-and-wife team Nathan and Felicity Cowan out of Beechworth in north-east Victoria, Billson’s Brewery,…
Aussies scoop up cheap gifts from sports company liquidation The Canberra Times Read the original article here
Iconic drinks brand Billson’s Brewery has been thrown a lifeline and avoided liquidation following a creditors’ vote on the future of the company today. The company, which is housed in a 159-year-old brewery in Beechworth in north-east Victoria, went into administration in July. A report from creditors McGrath Nicol published last week outlined three options…
Iconic Maketū Pies bought following two-week liquidation process …
Niche bosses in shock bid to take back control The West Australian Read the original article here
Increasing global insolvency levels heighten risks for executives. The febrile geopolitical landscape poses liability challenges for global corporations caught up in world events. “AI washing” is an emerging risk trend, leading to securities class action lawsuits. D&O market remains competitive but a step up in scrutiny of corporate conduct around the globe means loss potential…
What Chapter 11 bankruptcy means Filing for bankruptcy doesn’t always mean the end for an American business. There was a historic surge in U.S. corporate bankruptcy filings in June, with the highest number recorded in a single month since at least the start of 2020, new data shows. The number of corporate bankruptcy filings as…
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