The owner of a major gas project in Queensland is now in voluntary administration, but receivers say it’s “business as usual” for supplies in the state. Moranbah Gas Plant owner QPM Energy made the announcement yesterday, after its share price collapsed 78 per cent in six months, according to reports. It comes one day after…
Analysis by ASIC has indicated that deeds of company arrangement enable companies to continue trading or facilitate the sale of business assets. A new report by ASIC has shown that voluntary administrations and deeds of company arrangement remain essential restructuring tools, particularly for larger and more complex companies. ASIC published Report 836 this week, which…
The owner of a long-mothballed iron ore mine on Cockatoo Island has tumbled into administration, with insolvency practitioners assessing a sale or recapitalisation. KordaMentha’s Richard Tucker and John Bumback were appointed voluntary administrators of Cockatoo Island Mining (CIM) by the company’s board on Tuesday. CIM is backed entirely by reclusive Hong Kong investor Choi Lai…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
Jack Mallers’ Strike launches ‘volatility-proof’ bitcoin loans built to protect against liquidation The Block Read the original article here
Kaidianbao Payment Service Co. Ltd., once one of China’s major third-party payment firms, has applied for bankruptcy liquidation as tighter oversight accelerates a shakeout in the country’s payment industry. A Shanghai court has scheduled a hearing for July 16, according to a notice on China’s national corporate bankruptcy restructuring information platform. You’ve accessed an article…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
Qld gas firm plunges into administration – threatening state’s supply The Courier Mail Read the original article here
Hawke’s Bay Fruitgrowers’ Association president Brydon Nisbet said he didn’t know how many people would be affected but there were concerns about job losses. He said it came off the back of the difficult Covid pandemic and post-Cyclone Gabrielle, which many growers were still recovering from. “It’s never nice when companies go into liquidation or…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…