Chronext, a European watch e-tailer that had flirted with the idea of going public, announced this week that it has filed for voluntary administration. Voluntary administration is akin to Chapter 11 bankruptcy reorganization in the United States. “We see the current measure as a significant opportunity to reposition Chronext,” said Frederike Knop, managing director of parent…
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Credit: Mikael Seegen via Unsplash Staff noticed what they now describe as “red flags” at No Standing before the digital marketing agency went into voluntary liquidation. “I was always paid late … I’d be shocked if my superannuation ever turns up,” an insider who did not want to be named told AdNews. “There’s an extreme…
Rex flies to 56 destinations including many in regional Australia such as Port Macquarie, Coffs Harbour, Orange, Dubbo and Albury in NSW, Mount Gambier in South Australia, Burnie and Devonport in Tasmania, Cairns and Mt Isa in Qld and Mildura in Victoria. Read the original article here
NOIDA: The national company law tribunal has started corporate insolvency resolution process against ATS Knightsbridge project, a luxury project located in Noida’s sector 124. The national company law tribunal has started corporate insolvency resolution process against ATS Knightsbridge project located in Noida’s sector 124. (Getty Images/iStockphoto/ Representational image) The NCLT has appointed an interim resolution…
The collapse of an Australian tech company has just taken another twist after staff received a letter from a government agency. Marketing and software company E-Mersion Media (Aust) Pty Ltd, headquartered in Melbourne, collapsed into liquidation last month with debts of at least $13 million. All the company’s staff had been stood down by the…
The Hon. Catherine King, Minister for Infrastructure, Transport, Regional Development and Local Government, Media Release, 31 July 2024 Overnight it was announced that Regional Express Holdings and a number of its subsidiaries have entered voluntary administration. Samuel Freeman, Justin Walsh and Adam Nikitins of Ernst & Young Australia (EY Australia) have been appointed Joint and…
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Controversial Sikh temple building company in liquidation Gold Coast Bulletin Read the original article here
Rex Airlines enters voluntary administration The Northern Daily Leader Read the original article here