The ANAOs audit of illegal phoenix activity, examined the effectiveness of the Phoenix Taskforce in combating illegal phoenix activity since its inception in 2014, focusing on governance, strategies, processes and performance measurement. The annual direct impact of illegal phoenix activity is estimated to cost the Australian community between $2.85billion and $5.13billion. The ANAOs report found…
Russell Kennedy and Aitken Lawyers expect a boost to their combined firm as their merger goes live. From today, the merged firm will be known as Russell Kennedy across Australia and as Russell Kennedy Aitken Lawyers in New South Wales. Australasian Lawyer first reported in November that Russell Kennedy and Aitken Lawyer are to combine.…
Russell Kennedy and Aitken Lawyers expect a boost to their combined firm as their merger goes live. From today, the merged firm will be known as Russell Kennedy across Australia and as Russell Kennedy Aitken Lawyers in New South Wales. Australasian Lawyer first reported in November that Russell Kennedy and Aitken Lawyer are to combine.…
The operational creditors of steel companies face a Shakespearean dilemma. Though they wish to speak out against the problems at hand due to delayed payments of dues from companies undergoing the Corporate Insolvency Resolution Process (CIRP), they fear retribution from the committee of creditors (CoC) and the new management which would take over. These…
Weight loss organisation Scottish Slimmers has gone into liquidation – with all classes suspended with immediate effect. Thousands of customers will be left out of pocket after the company, which was bought by entrepreneur Amanda Boyle last year, said that refunds would not be given on membership passes and that all classes would cease operating…
Weight loss organisation Scottish Slimmers has gone into liquidation – with all classes suspended with immediate effect. Thousands of customers will be left out of pocket after the company, which was bought by entrepreneur Amanda Boyle last year, said that refunds would not be given on membership passes and that all classes would cease operating…
This is to inform you that the 14th Meeting of Committee of Creditors (CoC) was held on 27.03.2019. In the meeting, The Resolution Professional apprised the members of the Committee of Creditors that as only one Resolution Plan has been received and therefore, Som Distilleries Pvt Limited being the sole resolution applicant is H1 bidder…
STAFF at troubled farm business Ceres Agricultural Companyhave been told to expect significant job losses after the company was placed in voluntary administration with advisory groupGrant Thornton. In an internal memo sent to all staff from owner Garrick Hawkins on Thursday, staff were told the current business was unsustainable and Ceres would be closed. It…
The Pool has been pushed into liquidation two months after the womens lifestyle website told staff and freelances it would go into administration. Winding-uporderswere issued on 13 March in the High Court against owner The Pool (UK) Ltd after a petition by HM Revenue and Customs. Companies House has todayissued an update about the court…
The Pool has been pushed into liquidation two months after the womens lifestyle website told staff and freelances it would go into administration. Winding-uporderswere issued on 13 March in the High Court against owner The Pool (UK) Ltd after a petition by HM Revenue and Customs. Companies House has todayissued an update about the court…