A big central Victorian disability support agency has immediately cut about 40 jobs after going into voluntary administration. Radius Disability Services provides supported employment and disability care in Bendigo, and made the shock announcement to staff yesterday. The agency has also started meeting people affected by the closure, including the parents of those…
American Hotel Liquidators buys and resells furniture from high-end hotels. | Courtesy of American Hotel Liquidators From hotel suite to home sweet home. Nashville-based business American Hotel Liquidators is opening a store in Louisville to sell used hotel furniture. The company buys furniture and decor from high-end hotels at discount prices and then resells it to…
UPDATE 6.30pm: Morleys Emporium has closed as Radius Disability Services enters voluntary administration. In a further statement this evening, adminstrators advised Morleys Emporium retail and hospitality would close immediately, resulting in a number of employees being made redundant. Craig Crosbie and Rodney Slattery of PPB Advisory have been appointed as Voluntary Administrators of Peter Harcourt Disability Services Ltd, trading…
UPDATE 6.30pm: Morleys Emporium has closed as Radius Disability Services enters voluntary administration. In a further statement this evening, adminstrators advised Morleys Emporium retail and hospitality would close immediately, resulting in a number of employees being made redundant. Craig Crosbie and Rodney Slattery of PPB Advisory have been appointed as Voluntary Administrators of Peter Harcourt Disability Services Ltd, trading…
Houseprint Ltd, the London-based print farmer accused of taking deposits for jobs and then failing to deliver orders, has been placed into compulsory liquidation. The new UK Print Ltd website was set up almost immediately after Houseprint stopped trading At a creditors’ meeting at the offices of Cardiff-based insolvency practitioner Doyle Davies last Tuesday (11…
UPDATE 6.30pm: Morleys Emporium has closed as Radius Disability Services enters voluntary administration. In a further statement this evening, adminstrators advised Morleys Emporium retail and hospitality would close immediately, resulting in a number of employees being made redundant. Craig Crosbie and Rodney Slattery of PPB Advisory have been appointed as Voluntary Administrators of Peter Harcourt Disability Services Ltd, trading…
Stirling-based window and door manufacturer Guardian Systems (Scotland) and sister company Guardian Soft Furnishings have gone into liquidation with the loss of 44 jobs. Guardian Systems, which employed 27 staff, is reported to have run into cashflow difficulties due to a fall in orders over the summer. Appointed liquidators from Campbell Dallas said Guardian Systems,…
Related Story: Bob Day re-elected to Senate after tight contest for SA spot South Australian Family First senator Bob Day has confirmed he is leaving the Senate as his building company goes into liquidation. Senator Day has confirmed his departure is related to his troubled building company, Home Australia. Senator Day…
Last year 1,962 SA companies went to the liquidation wall. The figure could have been lower if more companies in financial distress had opted for business rescue. “Business rescue provides a moratorium to shield a company in distress from creditors wanting to put it into liquidation,” says Haroon Laher, Norton Rose Fulbright SAs head of…
Two Queenstown lodges placed into receivership in February have sold, but they and their sole shareholding company have now been placed in liquidation. Evergreen Lodge, at Sunshine Bay, and Remarkables Mountain Lodge, on Kingston Rd, were sold by tender for a total of $3.87 million. However, the second receivers report says both property companies and…