STAX in liquidation as receivers rush to sell fallen activewear empire – NT News
STAX in liquidation as receivers rush to sell fallen activewear empire NT News Read the original article here
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Aussie arm of Prime energy drink slumps into administration
The Australian company behind the once-viral energy drink Prime has been placed in voluntary administration, amid reports it has only $85,000 left in the bank. Related Article Block Placeholder Article ID: 340032 Prime burst onto the scene in 2022 and quickly gained popularity due to endorsements from social media influencers, including Logan Paul and KSI.…
Former owner of failed companies has new building firm – The Press
Former owner of failed companies has new building firm The Press Read the original article here
American Tug Buyers Go to Police with Fraud Claims after Kadey-Krogen Bankruptcy
This is the model of American Tug—the 365—that was being built for Joe and Tana Ganete when the company filed for bankruptcy According to the American Tug bankrupcy petition, four vessels are in various stages of completion at the La Conner, Washington factory. The buyers of one of those boats last week filed a criminal…
Local public administration reform to continue with voluntary amalgamation: Clarifications from Igor Grosu and Vasile Tofan
The local public administration (LPA) reform will continue along the line of voluntary amalgamation, while any potential conceptual changes, including a shift to a municipalization model, could be examined in the next electoral cycle. The message was delivered today by Speaker Igor Grosu and designated candidate for the position of Prime Minister Vasile Tofan, following…
NCLT rejects Authum Investment’s resolution plan for Vas Infrastructure
The National Company Law Tribunal (NCLT), Mumbai Bench, has rejected the resolution plan submitted by Authum Investment and Infrastructure Ltd for the acquisition of Vas Infrastructure Ltd (VIL), which was undergoing the Corporate Insolvency Resolution Process (CIRP). In a regulatory filing on Saturday, Authum Investment said the NCLT, through its order dated July 7, 2026,…
Hobart’s Iconic Republic Bar Closes In Corporate Collapse
Pub Banc Group and Hotel Banc Group, which manage Hobart’s Republic Bar, have entered voluntary administration. Jebediah at the Republic Bar(Credit: Matt Green) One of Hobart’s most revered live music institutions, the Republic Bar, is among seven venues set to close their doors as the hospitality group that owns them has entered voluntary administration. ABC…
UK film production company enters voluntary administration
Mission Digital Ltd, based in London, is known for providing digital imaging technology (DIT) and digital dailies services for feature films and high-end drama productions. Services include video playback and virtual production for both large and small-scale projects. The company has built its reputation over more than 15 years and has supported several of the…
Restaurateur selling Downlow Burger franchises to vulnerable migrants, liquidator states
The liquidator of three recently closed Downlow Burger outlets says he is on standby to wind up three more and claims the franchisor is approaching migrants with scant business knowledge to become franchisees. Pritesh Patel of Patel and Co was appointed to liquidate Downlow Ponsonby in October last year, at the request of its shareholders.…