Virgin Australia’s new owners Bain want to reboot inflight WiFi – Executive Traveller

Virgin Australia’s new owners Bain Capital hope to reboot the airline’s inflight WiFi service as part of its new “customer service proposition”, although the shape of the WiFi packages and how they fit into the airline’s value-centric ‘hybrid’ model remains to be seen. Bain has severed Virgin’s contract with connectivity partner Gogo, which is in…

Coronavirus company liquidation Insolvency Advisory Accountants

What to do if coronavirus leads to insolvency

From family operations to national firms, COVID-19 has made things tough for Australian businesses. Thousands have been forced to reduce their business hours, cut down on staff or shut down completely. As the global pandemic causes revenues to fall despite the unstoppable march of bills and expenses, one word becomes more prominent for businesses that…

How to tell if your business is insolvent

Has Coronavirus made your business insolvent? Here’s how to tell

As coronavirus continues to sweep across Australia, lockdowns and restrictions have brought intense financial strain upon thousands of businesses, with many facing company liquidation. Because continued restrictions like social distancing have made it almost impossible for any business to escape the pandemic’s effects, it is more important than ever to know how to tell if…

Le Château Announces its Intention to Seek Protection Under the Companies Creditors Arrangement Act – Canada NewsWire

Le Chteau seeks creditor protection pursuant to the CCAA to ensure a responsible, controlled and orderly liquidation of its assets MONTRAL, Oct. 23, 2020 /CNW Telbec/ – Le Chteau Inc. (TSX VENTURE: CTU) (“Le Chteau” or the “Company“) filed today an application (the”CCAA Application“) pursuant to the Companies’ Creditors Arrangement Act (“CCAA“) seeking protection of…

Update on preparation of proposals for Company to commence a VCT winding up period – GlobeNewswire

October 23, 2020 02:00 ET | Source: Chrysalis VCT plc Chrysalis VCT plcLEI: 2138009FVDWULSIOX40423 October 2020Update on preparation of proposals for Company to commence a VCT winding up period On 21 August 2020, the Company announced that the Board was preparing formal proposals to be put to Shareholders for approval for the Company to commence…