Galena Mining’s Abra Mine Under Voluntary Administration – TipRanks
Galena Mining’s Abra Mine Under Voluntary Administration TipRanks Read the original article here
Director who sold the shipping containers he hired owes liquidators $600k – Stuff
Director who sold the shipping containers he hired owes liquidators $600k Stuff Read the original article here
Tradies fear they won’t receive money owed
Tradies owed thousands of dollars following the collapse of the country’s largest rooftop solar company are worried they’ll never get the money they’re owed. SolarZero was placed into surprise liquidation last week, with owner US investment giant BlackRock blaming “unsustainable losses”. Close to 200 workers are owed millions in holiday and redundancy packages. Iain McIsaac,…
Sanjeev Gupta’s troubled European empire to be probed by administrators
London | ArcelorMittal will send in administrators to investigate what happened inside industrialist Sanjeev Gupta’s European metals empire after winning a British court case over a €140 million ($225 million) debt. Liberty Steel East Europe (Holdco) – a holding company for a cluster of entities controlling six of Mr Gupta’s eight continental European steelworks –…
Troubled Melbourne fund to be liquidated – The Australian
Troubled Melbourne fund to be liquidated The Australian Read the original article here
Chinese Builder Shimao’s Liquidation Case Is Dismissed by Court – BNN Bloomberg
(Bloomberg) — Shimao Group Holdings Ltd. won a Hong Kong court decision to dismiss a creditor petition to liquidate the defaulted Chinese developer, buying more time to complete its debt restructuring plan. The Hong Kong High Court granted the dismissal Monday after the company said in an October filing that some banks and bondholders have…
‘Fast fashion’ company collapse leaves $20 million owing to Bangladeshi exporters
Key Points Bangladesh-based companies have been doing business with Mosaic Brands for several years. Experts say Mosaic Brands struggled in retail due to rising competition from online ‘fast fashion’ outlets including Temu and Shein. FTI Consulting has been appointed as administrator, while KPMG will act as receiver and manager. Mosaic Brands Limited is one of…
After nearly a year suspended, Land & Homes Group enters administration – MSN
After nearly a year suspended, Land & Homes Group enters administration MSN Read the original article here
2023 insolvency statistics – Crowe
2023 insolvency statistics Crowe Read the original article here
Public Trust assumes ownership of two SolarZero companies to protect contracts and debt repayments – BusinessDesk
Public Trust assumes ownership of two SolarZero companies to protect contracts and debt repayments BusinessDesk Read the original article here