Its been a big week for company upheaval, with news of Network Tens collapse into voluntary administration garnering widespread attention, and experts say theres only one way to steer your team through such change: be human. On Wednesday, Network Ten confirmed administrators at KordaMentha would be taking control of the troubled TV channel after a…
DOORS SHUT: The former premises of Spectrum Window Fashions on Havannah Street. A BUSINESS owned by former Bathurst mayor Gary Rush has gone into voluntary liquidation owing money to the Australian Tax Office and some suppliers. Chris Chamberlain of Chamberlains SBR has been appointed liquidator for Spectrum Window Fashions Pty Ltd after a general meeting of the…
A SHOCKED building firm behind the renovation of a West London tower block that was left an inferno overnight claims its work met fire regulations. Construction company Rydon carried out an £8.6m refurb of Grenfell Tower in May 2016. PA:Press Association Firefighters were this afternoon pictured inspecting the gutted tower block PA:Press Association Inspectors have…
The Project had a light hearted jab at the woes of its broadcaster Channel Ten going into administration as it read the headlines. Courtesy: Network Ten THE hosts of The Project have poked fun at todays news its broadcaster Network Ten has been placed into voluntary administration after its billionaire backers walked away. Host Carrie…
Billionaire media owner Bruce Gordon and News Corporation scion Lachlan Murdoch have joined their holdings in the Ten Network, in a play that could ultimately see the pair take the business out of administration and into private hands. In a change of substantial holding notice to the ASX, Mr Gordon’s investment vehicle Birketu, which…
The Reserve Bank of India (RBI) on Tuesday said it has shortlisted 12 cases which could be immediately referred for bankruptcy proceedings. It also laid down criteria to compel banks to invoke the insolvency code to solve Indias Rs10 trillion stressed assets problem. In an email interview, M.S. Sahoo, chairman of the Insolvency and Bankruptcy…
DOORS SHUT: The former premises of Spectrum Window Fashions on Havannah Street. A BUSINESS owned by former Bathurst mayor Gary Rush has gone into voluntary liquidation owing money to the Australian Tax Office and some suppliers. Chris Chamberlain of Chamberlains SBR has been appointed liquidator for Spectrum Window Fashions Pty Ltd after a general meeting of the…
By Dominic Powell and Emma Koehn. The Ten Network has been placed into voluntary administration after shareholders Lachlan Murdoch and Bruce Gordon did not guarantee a $250 million loan to cover the stations $200 million debt, reports the Herald Sun. Administrators from KordaMentha have been appointed, and are currently undergoing a financial and operational assessment of…
SumoSalads founder says the game has significantly changed since the healthy food franchise network signed a range of current shopping centre leases, prompting the company to put two leasing entities in voluntary administration as negotiations with landlords over rental terms heat up. On Tuesday, administrators at were appointed to two companies relating to the lease agreements…
Wednesday June 14, 2017 Ten Network has announced it will go into voluntary administration, a day after its billionaire shareholders refused to back a new finance package. SA’s new political front as Brokenshire targets Qatari investment … Read the full article at: http://indaily.com.au/news/2017/06/14/ten-goes-voluntary-administration/