Lutum, the national roofing tiles and masonry products supplier spun out of ASX-listed Boral in 2021, went into voluntary administration on Tuesday with outstanding debts of $20 million. EY administrator Morgan Kelly, appointed with colleagues Martie Tziotis, Stewart McCallum and David Kennedy, said they were working with Lutum’s existing management to keep the business going…
The Australian fashion label Dion Lee has called in the administrators in a major blow to the eponymous brand that has dressed celebrities such as Taylor Swift, Dua Lipa, the Duchess of Sussex and Troye Sivan. The move came after the Australian retail chain Cue announced it had withdrawn its investment in the designer apparel.…
The manufacturer of MEET plant-based protein products is continuing to trade, after administrators from KPMG were appointed to the company last week. Established in 2008, Proform Foods has been producing alternative protein products well before other startups like cultured meat startup Vow entered the market. On May 22, Gayle Dickerson and James Dampney from KPMG…
Video: Victoria’s Billson’s Brewery enters voluntary administration. Victoria’s Billson’s Brewery enters voluntary administration. We’re sorry, this feature is currently unavailable. We’re working to restore it. Please try again later. Dismiss Skip to sections navigationSkip to contentSkip to footer Victoria’s Billson’s Brewery has entered voluntary administration after 150 years in business. July 31, 2024 — 7.30pm…
Twenty Carl’s Jr restaurants have been immediately shut down as administrators assess the books. (Source: Facebook/On Point Digital Solutions) Hundreds of Aussie jobs are now in limbo after US burger chain Carl’s Jr was plunged into voluntary administration. The first restaurant opened its doors on the New South Wales Central Coast back in 2016 and…
Cook Government leaves shires in lurch with Rex debt Kalgoorlie Miner Read the original article here
Construction group in liquidation, amid $200m in debt disputes Gold Coast Bulletin Read the original article here
Joint liquidators Daniel Lopresti and Simon Miller are “urgently seeking parties who may be interested in making offers to purchase” the business or assets of Hindmarsh-based knitwear maker Silver Fleece. The company – best known for making the Australian cricket team’s woollen tops – went into liquidation on Wednesday after more than 70 years of…
A Gilbert-based electric vehicle charging company that landed millions of dollars in a venture capital deal last year is liquidating its assets and closing its business. Zevx Inc., via special purpose entity Zevx Liquidation LLC, auctioned off inventory — including battery packs, modules and equipment — from its warehouse at 565 E. Germann Road in…
The Melbourne Rebels is expected to fall into voluntary administration as early as Thursday afternoon, adding to a long list of companies chaired by businessman Paul Docherty that have collapsed in the last two months. The Australian Financial Review revealed last month that the rugby union club had outstanding tax bills and stadium fees that…