Key Supplier & Retail Partner Placed Into Administration Owing Millions – channelnews

ACFS Port Logistics has collapsed into administration as $60m ATO battle raises questions for major retailers and their funder. One of Australia’s largest container logistics operators, ACFS Port Logistics, has been placed into voluntary administration, raising questions about the potential fallout for major retailers, their suppliers and lenders exposed to the distribution sector. ACFS, the…

Lewis Silkin strengthens disputes and insolvency offering with Manchester partner hire

Mark specialises in insolvency disputes, restructuring and complex commercial litigation. He has more than a decade of experience advising on some of the most complex and high-value insolvency and commercial disputes in the North West, with a particular focus on acting for insolvency practitioners, directors, shareholders, creditors, investors, lenders and charities. His insolvency practice spans…

Naati Haulage liquidation: Gisborne trucking company creditor claims total $545,309

The combined total creditor claims are $545,309.41. Secured creditor claims total $1057.57. Unsecured creditor claims total $329,044.95. One preferential unsecured creditor claim totals $213,261.09. One applicant creditor’s cost totals $1945.80. The largest creditor was IRD as a preferential unsecured creditor, an unsecured creditor and for applicant creditor costs combined. IRD’s claims totalled $539,222.70. There are…