“I don’t believe any of that applies. I acted in good faith at all times,” Cummings said on Thursday. James Cummings has carved out a formidable record after getting his start training with grandfather Bart.Credit: Eddie Jim “The reality is the biggest debts owed by the training company were to me, my wife and my…
78230 The final liquidation report into the failed Fortress Information Systems Limited – which traded as Ticket Rocket and previously as Ticket Direct – has been released, showing that creditors are owed close to $10 million. With receivers first appointed to the Dunedin-based company in August 2020, liquidators were then appointed in October of that…
“Holiday pay, notice period and contractors have not been paid … Over 160 workers have been thrown on the street,” the statement read. SolarZero workers flocked to Auckland’s CBD this afternoon in protest after the company’s shock liquidation. Photo / Dean Purcell “Eighteen months ago, as Prime Minister, Chris Hipkins welcomed BlackRock’s plans to develop…
Photo: (American Public Power Association via unsplash) It is potentially lights out for Aotearoa’s largest solar power company, leaving some customers in limbo. And the government’s asking questions about more than $100 million that has already gone from its Green Investment Fund to the company. SolarZero, which provides solar power systems, with no upfront costs…
Te Arawa Management Ltd is a subsidiary of the Rotorua-based Te Arawa Lakes Trust. Joint liquidators Thomas Rodewald and Paul Manning from BDO Tauranga released their first report on Thursday, which detailed the next steps of the process. The liquidators will trade the business in the short term while they advertise it for sale, and…
Administrators are urgently searching for a buyer for S&W Seeds Australia. Photo: S&W Seeds Australia ADMINISTRATORS are calling for expressions of interest for the sale or recapitalisation of S&W Seeds Australia after the business entered into voluntary administration late last month. The seed company reportedly owes almost $61 million, including $50M to secured corporate debt…
Peacock, A. et al. Global statistics on alcohol, tobacco and illicit drug use: 2017 status report. Addiction 113, 1905–1926. https://doi.org/10.1111/add.14234 (2018). Article PubMed Google Scholar Gilpin, N. W. & Koob, G. F. Neurobiology of alcohol dependence: focus on motivational mechanisms. Alcohol Res. Health 31, 185–195 (2008). PubMed PubMed Central Google Scholar Johnson, B. A. Update…
The federal court approved an extension of Regional Express (Rex) Airline’s voluntary administration by Ernst & Young (EY) Australia on Thursday 21 November. Rex Airlines entered into voluntary administration on 31 July and ceased service between major cities, costing 600 people their jobs and putting regional air service at risk. The airline found…
Troubles have been brewing at KTM for most of 2024, with the company’s financial problems well documented. The Austrian company has laid off a number of staff throughout the year, including many key executives, and only a few weeks ago set off alarm bells in the Swiss stock exchange when it forecast a loss for…
To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…