Last updated: 29 June 2017 Thousands of customers who paid up to $8500 for education courses were subjected to misleading and unconscionable conduct by Get Qualified Australia, the Federal Court has ruled. The verdict comes as Get Qualified a company that had a yearly turnover of $14 million and employed 50 staff at its peak…
MATTHEW CATTIN/FAIRFAX NZ An application to put Waiwera Water New Zealand into liquidation has been made by the Commissioner of Inland Revenue. A company selling New Zealand water overseas, partly owned by a Russian billionaire, faces an application for liquidation. An application to put Waiwera Water New Zealand into liquidation was filed in the High Court on…
MATTHEW CATTIN/FAIRFAX NZ An application to put Waiwera Water New Zealand into liquidation has been made by the Commissioner of Inland Revenue. A company selling New Zealand water overseas, partly owned by a Russian billionaire, faces an application for liquidation. An application to put Waiwera Water New Zealand into liquidation was filed in the High Court on…
Profile Articles Activity Dr John Wood obtained his undergraduate and postgraduate degrees in law from the University of Leeds. His LLM allowed him to specialise in corporate and commercial based subjects, specifically corporate insolvency law. His PhD, completed in 2013 was entitled: corporate rescue: a critical analysis of its fundamentals and existences. He has been…
MUMBAI: The Reserve Bank of India may have plans to revive the debt-laden sector through the Insolvency and Bankruptcy Code, but lawyers and bankers say the platform could be misused by promoters of companies to stall other recovery procedures against them, like under the dreaded Sarfaesi Act. Under the Securitisation and Reconstruction of Financial Assets…
Australian technology and media company Tapit Media, which aimed to complete the connection between digital content providers, brands and consumers through their mobile devices, has been placed into voluntary administration. Administrators are seeking a buyer for some or all of the assets of the business or a saviour to recapitalise. Tapit was launched in 2011…
Reshmi Khurana June 28, 2017 00:02 IST Updated: June 27, 2017 22:59 IST “; var device = “”; for ( var type in WFClientTypeDef) { if (window.matchMedia(WFClientTypeDef[type]).matches) { switch (type) { case “xlarge”: device = ‘desktop’; break; case “large”: device = ‘desktop’; break; case “medium”: device = ‘tab’; break; case “small”: device = ‘mobile’; break;…
As the Australian Securities and Investment Commission (ASIC) reportedly embarks on an investigation of failed local music streaming start-up, Guvera, the collapse of the company has left a handful of tech players out of pocket by hundreds of thousands of dollars. The music streaming company was placed into liquidation on 28 April after a failed tilt…
As the Australian Securities and Investment Commission (ASIC) reportedly embarks on an investigation of failed local music streaming start-up, Guvera, the collapse of the company has left a handful of tech players out of pocket by hundreds of thousands of dollars. The music streaming company was placed into liquidation on 28 April after a failed tilt…
A plastics recycling company has blamed South Australia’s soaring electricity prices for its closure, with the loss of 35 jobs. Plastic Granulating Services has gone into liquidation after its electricity bills soared from $80,000 a month to $180,000 a month over the past year and a half. Managing director Stephen Scherer says the price hikes…