Government to guarantee Rex flights as airline in administration – 9News
Government to guarantee Rex flights as airline in administration 9News Read the original article here
KPT Restructuring opens for business in Sydney
KPT Restructuring, a new national restructuring and business advisory has entered the market, established in Sydney by Ozem Kassem, Jonathon Parker and Jason Tang. A trio of Cor Cordis partners – Ozem Kassem, Jonathon Parker, and Jason Tang – have broken away to launch their own consultancy KPT Restructuring, which will provide distressed businesses with…
Subscribe to The Advertiser for exclusive stories
The Advertiser Essentials $16 charged every 4 weeks. Renewals occur unless cancelled as per full Terms and Conditions. Each payment, once made, is non-refundable, subject to law. Not in conjunction with any other offer. This subscription entitles you to access 30 locked articles on The Advertiser website only within each subscription period, and does not…
Fashion startup The Daily Edited gets another life after voluntary administration – Startup Daily
Fashion startup The Daily Edited gets another life after voluntary administration Startup Daily Read the original article here
‘We’re all busy again’, say UK restructuring experts
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Company insolvencies are running at a 30-year high in the UK, signalling a busy year ahead for corporate restructuring and bankruptcy specialists. More than 25,000 companies in Britain registered as insolvent in 2023, a 14…
Company collapses owing $2m, only $6 left – news.com.au
Company collapses owing $2m, only $6 left news.com.au Read the original article here
South Australian childcare group goes into voluntary administration
Seven childcare centres in Adelaide are in danger of shutting down after the company behind them went into voluntary administration. Precious Cargo Education called in administrators this morning, with founder and director Cheryl Shigrov saying difficulties facing the entire industry were behind the company’s struggles. “In recent years there have been some challenges that the…
Business Insolvency – NerdWallet UK
In the years since the Covid-19 pandemic, many businesses have struggled to weather tough times. Prolonged closures and disruptions during the pandemic followed by the cost of living crisis and sustained inflation are taking a toll on businesses across the board. And an increasing number of companies are facing the worst-case scenario this year: insolvency.…
$2m debt as school, hospital, shopping centre aircon company enters liquidation – Courier Mail
$2m debt as school, hospital, shopping centre aircon company enters liquidation Courier Mail Read the original article here
Cyberattack target MediSecure enters voluntary administration
Prescription delivery service provider MediSecure, which fell victim to a large-scale cyber breach that compromised the personal health information of thousands of Australians in April, has entered voluntary administration and is expected to face its creditors later this month. FTI Consulting on Wednesday issued a statement in which it said Vaughn Strawbridge and Paul Harlond…