Fox Creek Wines in McLaren Vale has gone into voluntary administration. KPMG Australia’s Tim Mableson and David Kidman have been appointed as voluntary administrators. They have assumed day-to-day control of the operations and will continue trading on a business-as-usual basis while a restructuring plan is developed for creditors’ consideration. Tim Mableson, Turnaround & Restructuring Partner,…
GrowthOps Australia enters voluntary administration GrowthOps Australia, the marketing and technology group formed through an eight-way merger in late 2017, has entered voluntary administration. The company, which acquired several agencies including AJF Partnerships, 3wks, and Voodoo Creative, has appointed Katherine Sozou and Damien Pasfield of McGrathNicol as liquidators. The company’s directors have decided to voluntarily…
Dispute over unpaid rent by HBC At the heart of the court proceedings is a dispute over unpaid rent to RioCan-Hudson’s Bay JV, a joint venture between HBC and RioCan Real Estate Investment Trust. The retailer operates 12 stores in properties leased from the JV, but company lawyers argue that its current cash flow does…
32 redundancies as Orr Decorators in provisional liquidation insider.co.uk Read the original article here
The bankruptcy of the Hudson’s Bay Company (HBC) is often framed as the fall of “Canada’s oldest company.” Media narratives typically treat HBC as if it were a straightforward retail firm, albeit one with an exceptionally long history. But HBC was always more than a hinterland mercantile fur trader in earlier centuries, just as it…
A second KleuterZone company has been put into provisional liquidation. On Friday, the Western Cape High Court granted an order for the provisional winding up of KleuterZone (KZ) Ventures, a management company of the controversial KleuterZone franchise. Rikus Hartman, who applied for the provisional liquidation of KZ Ventures and is also the appointed liquidator for…
NCLAT Fortnightly: Important orders on IBC (January 1 – January 15, 2025) Bar and Bench Read the original article here
BRIPAN, Federal High Court partner on business insolvency The Nation Newspaper Read the original article here
A second KleuterZone company has been put into provisional liquidation. On Friday, the Western Cape High Court granted an order for the provisional winding up of KleuterZone (KZ) Ventures, a management company of the controversial KleuterZone franchise. ADVERTISEMENT CONTINUE READING BELOW Read:Court stops Bougas brother from selling R2.7m AudiRegulators have once again failed South Africans…
“As an organisation that is heavily reliant on Medicare rebates, a small number of government project grants, and membership fees to sustain our services, it has been extremely challenging to raise sufficient income to cover true operational costs,” the clinic said. Read the original article here