Denim label G-Star Australia will close after failing to find a buyer who could pull them out of voluntary administration. G-Star Australia entered administration in May, saying traditional retailers were already facing business pressures pre-COVID-19, and that the pandemic only increased them. Ernst & Young had stepped in as voluntary administrators, but announced on Monday…
Residents at Mount Providence Village aged care facility have been told to get out following the organisation’s announcement it has gone into liquidation. Upset tenants have had to scramble to find new accommodation, with some having only recently bought property at the location in South Muswellbrook. The news comes approximately just 30 months after the…
MCM Entertainment’s Tony McGinn MCM Entertainment, the music media company behind popular radio shows and a concert series has filed for liquidation. The Herald-Sunreports that filing took place on July 16, with insolvency firm Hamilton Murphy handling the liquidation. MCM Entertainment produced the concert series Live At The Chapel, shot at South Yarras Chapel off…
Sports promoter David Higgins – best known for organising the Joseph Parker fights – has placed three of his subsidiary businesses into voluntary liquidation. It’s business as usual for his main companies, including Duco Events. Companies office records show Heath Gair of Palliser Insolvency was appointed liquidator of Duco Promotions, Mammoth Events and Zenith Events…
Getty Images Duco events director David Higgins speaks to media at a press conference in Auckland in 2017. Three companies owned by high-profile boxing promoter David Higgins have been placed into voluntary liquidation. The Companies Office shows Duco Promotions and associated companies Mammoth Events and Zenith Events, all owned and directed by Higgins, were placed…
Getty Images Duco events director David Higgins speaks to media at a press conference in Auckland in 2017. Three companies owned by high-profile boxing promoter David Higgins have been placed into liquidation. The Companies Office shows Duco Promotions and associated companies Mammoth Events and Zenith Events, all owned and directed by Higgins, were placed into…
Image copyright Getty Images Debenhams has appointed a firm to draw up contingency plans for a possible liquidation of the department store. The company, which is in administration, has hired Hilco Capital, a firm that specialises in winding up struggling retailers. Debenhams said it was “trading strongly” and Hilco’s appointment did not mean a liquidation…
August 14, 2020 17:05 ET | Source: Blue Capital Reinsurance Holdings HAMILTON, Bermuda, Aug. 14, 2020 (GLOBE NEWSWIRE) — Blue Capital Reinsurance Holdings Ltd. (in liquidation) (OTC:BCRHF) (the “Company”), a Bermuda holding company, today announced the notification of an aggregate catastrophe loss related to 2017 catastrophe events. The Company, through its operating subsidiaries, previously offered…
LIQUIDATION documents of the company trading as The Edge Bar and Restaurant, which previously operated from Rockhamptons riverbank, have revealed the company may have been doomed from the beginning as it immediately traded at a loss. The liquidation has blown out to more than $2.5 million with a meeting of creditors to be held next…
Published 11 August 2020 Tim Cooper Corporate insolvencies may increase this winter, with new research from the insolvency and restructuring trade body R3indicating that a steep rise may start as early as this October. The R3 research based on a member survey of insolvency and restructuring professionals highlights that an overwhelming majority (93.7 per cent)…