A northern Tasmanian business group is racing to secure a buyer for Australia’s only manganese alloy smelter as the corporate regulator works to force its current owner into liquidation. The Australian Securities and Investment Commission (ASIC) applied last week to the NSW Supreme Court to wind up and liquidate the Liberty Bell Bay manganese smelter…
REVEALED: Liquidator appointments for businesses in the Brimbank council area for May 25 Herald Sun Read the original article here
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REVEALED: Liquidator appointments for businesses in the Vincent council area for May 25 Daily Telegraph Sydney Read the original article here
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The High Court has rejected attempts to remove the Official Receiver of Cytonn High Yield Solutions (CHYS) LLP as the firm’s liquidator over allegations of favouring secured lenders, mismanaging assets, operating without transparency, and mishandling the proposed sale of a Sh1 billion stake in Superior Homes Kenya. The court dismissed claims by an unsecured creditor—Pastor…
Ferrari-driving failed firm owner owes $4m, faces probe BusinessDesk | NZ Read the original article here