A major developer which built apartments for John Singleton and supermarkets for Woolworths has been placed into liquidation less than two months after it collapsed. NSW Central Coast-based builder Stevens Construction was established in 2006 but went into voluntary administration in May, leaving 10 projects in limbo. In a press release published on its website…
Australian beverages brand Billson’s has plunged into voluntary administration as a perfect storm of challenges strikes independent brewers. Husband-and-wife team Nathan and Felicity Cowan, who ran the historic brewery in Beechworth, northeast Victoria, are devastated by the collapse of the company which was founded in 1865. The couple blamed the downfall of the ready-to-drink canned vodka,…
Senior counsel K Vivek Reddy, representing ICICI, referenced a London court judgment from October of the previous year to support the insolvency proceedings against GVKPIL. 3 min read Last Updated : Jul 16 2024 | 11:43 PM IST GVK Power and Infrastructure Ltd (GVKPIL) will face insolvency proceedings for failure to pay loans to…
‘Absolutely woeful’: Collapsed shed company director’s new career move Sunshine Coast Daily Read the original article here
Troubles for Billson’s 102.1 & 93.3 Edge FM Wangaratta Read the original article here
Corporate insolvency figures stabilise in June Insider.co.uk Read the original article here
Herald Sun Essentials $16 charged every 4 weeks. Renewals occur unless cancelled as per full Terms and Conditions. Each payment, once made, is non-refundable, subject to law. Not in conjunction with any other offer. This subscription entitles you to access 30 locked articles on the Herald Sun website only within each subscription period, and does…
Australia’s Rex Airlines enters into voluntary administration LARA Magazine Read the original article here
By rough comparison, in 2023 construction firms accounted for 13.8% of all registered businesses in the UK, suggesting the industry is still disproportionately affected by insolvency. Within the construction industry, firms categorised as providing specialised construction activities are consistently the most affected across Great Britain. This includes companies providing a range of work, typically on…
The firm had a portfolio worth more than $400 million, ranging from luxury apartments and affordable housing to retail projects, but on Friday formally went into liquidation, according to documents filed with ASIC. Creditors have been told to submit their debts or claims by August 5. Stevens Construction has collapsed two months after going into…