On 19 July 2023, the parliament of the Grand Duchy of Luxembourg (Luxembourg) passed bill no. 6539A into law (the New Insolvency Law), marking a significant milestone in the movement to modernise and enhance the competitiveness of Luxembourg’s insolvency framework. The bill has been under discussion for a number of years and aims to curtail…
Gold Coast build company owes $500k to 22 staff – in liquidation Gold Coast Bulletin Read the original article here
Luxury Australian fashion brand and favourite to the stars, Dion Lee, entered voluntary administration on Thursday. Antony Resnick of insolvency firm dVT Group has been appointed administrator to the Australian arm of the 15-year-old brand, which operates six stores in Australia and one in America. Its designs are also sold through 160 global outlets. Loading……
Practice Overview A former Chief Justice of the Cayman Islands, Sir Anthony was admitted to practice as an attorney-at-law in Jamaica in 1977. He accepted an appointment as Principal Crown Counsel for the Cayman Islands where he relocated in 1983. He was appointed Solicitor-General in 1987 and acted as Attorney General for the Cayman Islands…
A Victorian solar energy company has plunged into liquidation with debts of $3.8 million. Creditors voted to place G-Store into liquidation rather than have their debts wiped at a fraction of the cost on Friday afternoon. G-Store, headquartered in Melbourne’s Malvern East and also with premises in regional Victoria in Warragul, specialised in installing custom…
When Rex expanded its operations into the Golden Triangle routes between Sydney, Melbourne and Brisbane, it knew it was an ambitious plan. But if the risk paid off, the financial windfall would be considerable. The Sydney-Melbourne route is one of the most lucrative in the world and delivers our two biggest airlines, Qantas and Virgin,…
67% of ongoing corporate insolvency resolution cases cross 270-day timeline Business Standard Read the original article here
Taxpayers sweat on $3m jobs loan as NT company tanks NT News Read the original article here
The Australian Digital 12 Month Plan costs $416 (min. cost) for the first 12 months, charged as $32 every 4 weeks. This automatically renews after the first 12 months to be charged as $32 (min. cost) every 4 weeks. Renewals occur unless cancelled as per full Terms and Conditions. No cancellations during the first 12…
The Employment (Collective Redundancies and Miscellaneous Provisions) Act 2024 has been signed into law. The Act, once commenced, will amend the existing collective redundancy regime in insolvency situations and will deliver on key Programme for Government commitments detailed in the Plan of Action – Collective Redundancies following Insolvency. Background In June 2020, the coalition parties…