Passengers stranded as Bonza enters voluntary administration – SBS News
Passengers stranded as Bonza enters voluntary administration SBS News Read the original article here
Castlemaine State Festival enters voluntary administration
One of Victoria’s longest-running and most respected multi-arts festivals, the biennial Castlemaine State Festival, has entered into voluntary administration. The news was announced in an email from the Festival Board, sent just before 5pm last Thursday 28 March, at a time when many people were already switching off their computers and leaving work in preparation…
Air Vanuatu cancels flights as government considers voluntary administration
Air Vanuatu said on Thursday it had cancelled international flights for the rest of the week, as the Pacific Island nation’s government considered placing itsnational carrier into voluntary administration. All of Air Vanuatu’s international flights between Thursday and Sunday are canceled, and all later flights are under review, the airline said in a statement. “The…
Kirribilli Club enters voluntary administration, to continue trading
21 June 2024 The Kirribilli Club Board has stepped aside and appoint the services of SV Partners to act as Voluntary Administrators of the Kirribilli Club effective immediately. “Unfortunately, due to a combination of overwhelming financial, operational and hospitality market circumstances we have exhausted all available options and have not come to this conclusion lightly. Mr Hugh Armenis…
Bunbury’s Dolphin Discovery Centre rescued from voluntary administration by funding lifeline
In short: The state government will inject $1.5 million into the Dolphin Discovery Centre at Bunbury. The centre went into voluntary administration in February following several resignations. What’s next? WA’s regional development minister says the centre’s future is now more certain. A major WA tourist attraction that allows visitors to interact with wild dolphins has…
Online Bookseller Booktopia Enters Voluntary Administration
Australian bookseller Booktopia has entered voluntary administration, following failed recent attempts to secure emergency funding. The announcement comes after a prolonged period of difficulties for the online retailer, which suspended trading shares on the ASX in June. The company has also endured three years of unprofitability, has been forced to make 90 staff redundancies in…
Online bookseller Booktopia collapses into voluntary administration
Online book retailer Booktopia has been placed into voluntary administration, with McGrathNicol appointed to run the business. The administrators are undertaking an urgent assessment of Booktopia’s business, and are exploring options for a potential sale or recapitalisation. Shares in the struggling retailer were placed into a trading halt on June 13, at just 4.5 cents…
Mesh Direct goes into voluntary administration owing almost $2 million
Image source: Linkedin Sydney-based print broker Mesh Direct has gone into voluntary administration with several printers caught up in the collapse of the company. Mesh Direct owes a number of wide format printers hundreds of thousands of dollars as well as staff entitlements of more than $250,000 – with total debt calculated to be $1,924,086.53.…
Dion Lee voluntary administration: Australian fashion label collapses
Designer label Dion Lee has appointed voluntary administrators in the latest high-profile business to come under pressure amid difficult economic conditions. The fashion house, which has six stores in Australia and one in the US, is now under the control of insolvency firm dVT Group administrator Antony Resnick, who will continue running the business as…
Sunshine Private Hospital Enters Voluntary Administration
Sunshine Private Hospital in St Albans is cancelling surgeries and relocating patients as it is placed into voluntary administration. First on ABC Radio Melbourne Drive, administrators say there was no funding available to continue operating the hospital, which only opened last year. Dr Gareth Weston, a Monash IVF Fertility Specialist who works at Sunshine Private, told…