Category Archives: Liquidation

Top insolvency practitioners to advise Accountant in Bankruptcy – Scottish Daily Record

Two of Scotland’s leading insolvency practitioners has joined the Accountant in Bankruptcy (AiB) advisory board. Bryan Jackson, currently a consultant with Johnston Carmichael, and Laurie Manson, former PwC corporate insolvency and restructuring specialist join as non-executive board members. Both will offer independent challenge and professional expertise to the Executive Agency of the Scottish Government. Jackson,…

Manawatu bar management company leaves $1.3m in debts – Manawatu Standard

Murray Wilson/ FAIRFAX NZ Hospo Bros, which once managed Palmerston North bars Shooters and Victory, has left more than $1 million in unpaid bills after its liquidation. The liquidators of a Palmerston North-based bar management company have found the coffers empty, with more than $1 million in unpaid bills. Hospo Bros has been in liquidation…

Valence Industries enters voluntary administration – Australian Mining

Latest News Valence Industries, owner of the Uley graphite mine south west of Port Lincoln, has entered voluntary administration after failing to raise capital. The company suspended trading in November, and in December, ceased production at the Uley site. It required $7 million in capex and up to $5 million in working capital to recommence…

People Moves July 18 2016 – Business News

Lavan Legal has appointed Claire Petersen as a partner in its reconstruction, recovery and insolvency team. Carmen Boothman, Vince Bradley, Benn Wallace, Matthew Wilson, and Jennifer Woodford have been appointed associates. Commercial real estate firm CBRE has appointed Jack Divitini as manager in its Perth advisory and transaction services, industrial and logistics team. Mr Divitini…

Realty slump hits firms’ liquidation – Chandigarh Tribune

BusinessPosted at: Jul 20, 2016, 12:50 AM; last updated: Jul 20, 2016, 12:50 AM (IST)No takers for properties in region Also in this section Vijay C Roy Tribune News Service Chandigarh, July 19 The slump in the real estate sector has cast shadow over the liquidation of assets of defaulting industrial units…

Charity boxing company Enth Degree on the ropes – Stuff.co.nz

John Kirk-Anderson Embattled Super 8 Boxing promoter Enth Degree is fighting to stay in business Christchurch-based charity boxing promoter Enth Degree is fighting for survival over a loan dispute. The company is negotiating with a creditor who has lodged liquidation proceedings in the High Court over a disputed $80,000 loan. Enth Degree’s Justin Wallace has organised the Fight for Christchurch and…

Pizza chain goes into voluntary administration – Mackay Daily Mercury

IT’S ‘business as usual’ as Eagle Boys has gone into voluntary administration.   The Australian company confirmed the news via a statement their website late last week.   They said in the statement this does not extend to franchisees; all Eagle Boys stores remain under the control of individual franchisees and will continue to operate…

Pokemon Go Offers Glimpse Into $32 Billion SoftBank-ARM Deal – Bloomberg

Every time a Pokemon Go fan drains a smartphone battery chasing virtual monsters, its a reminder that chip technology has a long way to go. The company poised to push the boundaries of mobile computing is ARM Holdings Plc, which has built a business designing chips that squeeze the most out of limited battery capacity…

Eagle Boys head office collapses into voluntary administration but franchises are operating business as usual – SmartCompany.com.au

Founding Mad Butcher store in liquidation – The National Business Review

The first Mad Butcher store in Mangere, founded in 1971 by Sir Peter Leitch, has gone into liquidation. It is the sixth to do so since March last year and follows the recent closure of two other stores. Four stores in the Veritas Investments-owned franchise [NZX: VIL] went into liquidation over a period of three weeks last…