‘Absolutely woeful’: Collapsed shed company director’s new career move – Sunshine Coast Daily
‘Absolutely woeful’: Collapsed shed company director’s new career move Sunshine Coast Daily Read the original article here
Troubles for Billson's – 102.1 & 93.3 Edge FM Wangaratta
Troubles for Billson’s 102.1 & 93.3 Edge FM Wangaratta Read the original article here
Corporate insolvency figures stabilise in June – Insider.co.uk
Corporate insolvency figures stabilise in June Insider.co.uk Read the original article here
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Australia’s Rex Airlines enters into voluntary administration – LARA Magazine
Australia’s Rex Airlines enters into voluntary administration LARA Magazine Read the original article here
Construction insolvencies and profit warnings
By rough comparison, in 2023 construction firms accounted for 13.8% of all registered businesses in the UK, suggesting the industry is still disproportionately affected by insolvency. Within the construction industry, firms categorised as providing specialised construction activities are consistently the most affected across Great Britain. This includes companies providing a range of work, typically on…
$400 million NSW building company collapses
The firm had a portfolio worth more than $400 million, ranging from luxury apartments and affordable housing to retail projects, but on Friday formally went into liquidation, according to documents filed with ASIC. Creditors have been told to submit their debts or claims by August 5. Stevens Construction has collapsed two months after going into…
Rex enters voluntary administration — Regional Development Australia
Media release by The Hon Catherine King MP Wednesday 31 July 2024 https://minister.infrastructure.gov.au/c-king/media-release/rex-enters-voluntary-administration Overnight it was announced that Regional Express Holdings and a number of its subsidiaries have entered voluntary administration. Samuel Freeman, Justin Walsh and Adam Nikitins of Ernst & Young Australia (EY Australia) have been appointed Joint and Several Voluntary Administrators by the…
Recaro Files for Bankruptcy [UPDATE]
Update—Recaro and BBS America have provided the following statements to Motor1: Recaro Automotive GmbH, headquartered in Kirchheim unter Teck, has filed for insolvency with the Local Court of Esslingen. The company encountered significant financial difficulties due to extreme price increases in recent crisis years and the loss of a major contract. The effects of legacy…
‘They all say that’: Bodega liquidation report floats insolvent trading – Toowoomba Chronicle
‘They all say that’: Bodega liquidation report floats insolvent trading Toowoomba Chronicle Read the original article here