Collapsed Sydney design agency For The People is under investigation over claims it was “reborn” under a new corporate entity to evade debts. The award-winning agency may also have traded while insolvent for almost seven years, according to the liquidator, who is investigating the possible “phoenixing”. Phoenixing is the process of shifting staff, clients and…
Food waste processing startup Goterra will be wound up and liquidated, after its administrators received no viable proposals to preserve the growing but loss-making business. Teneo’s Daniel Walley and Martin Ford will serve as liquidators, according to a notice published by the Australian Securities and Investments Commission (ASIC) on Thursday. Related Article Block Placeholder Article…
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For the People Agency and its sole director Chris (Christopher Samuel) Billing have been referred to corporate regulator ASIC after the Australian Tax Office (ATO) took the branding agency into liquidation. Liquidator Shelley-Maree Brooks, in a report to ASIC, said the agency had appeared to be trading insolvent. Brooks was appointed in February by order…
The Fudge Foundry, based in Neyland, Pembrokeshire, went into liquidation in March 2026, with founder Natalie Mills citing the “ongoing economic situation” as the reason behind the closure. Ms Mills posted on social media in February: “After nearly 8 wonderful years, we have made the incredibly difficult decision to close The Fudge Foundry.” The company,…
At least 40 Kenyan companies sought voluntary liquidation or bankruptcy protection in the nine months to March, up from 24 a year earlier, exposing mounting financial distress despite improving economic indicators and lower borrowing costs. Business Registration Service (BRS) data shows companies entering voluntary liquidation rose by 55.6 per cent to 14 during the period,…
Penton Publications: Belfast publishing firm enters liquidation owing over £178,000 to creditors Belfast Telegraph Read the original article here
I remember the red tails at Brisbane Airport like it was last summer. That particular shade of crimson on the livery, the little Virgin logo, the cabin crew in their fitted uniforms — the whole thing felt like an airline that actually enjoyed existing. After years of flying Ansett into decline and then watching the…
Irish festivals, and events organisers may be owed over €1million as the German company behind tickets.ie carries on regardless. Hot Press has spoken exclusively to Barry O’Neill, the director of the Rory Gallagher Festival – the international music event held annually in the town of Ballyshannon, Co. Donegal, in tribute to the revered Irish rock…
The High Court has ruled that the statutory exception allowing some companies to continue using a prohibited name after insolvent liquidation does not extend to sole traders. In a judgment illustrating how insolvency disputes can turn on the precise wording of statutory provisions, the High Court has ruled that the third exception to the prohibition…