Titan Interactive’s collapse continues in Federal Court

A dispute between a liquidator and Pitcher Partners over Titan Interactive’s collapse has continued, with the Federal Court having mulled an injunction against the accounting firm. Titan liquidator Jennifer Low sought an injunction, or alternatively damages, against Pitcher Partners in the Federal Court of Australia, claiming the firm knew or was involved in the Titan…

Barbeques Galore Goes Bust, Gift Cards Slashed to One-Third Value

Barbeques Galore has entered voluntary administration, shaking Australia’s discretionary retail sector and alarming consumers. The iconic outdoor retailer employs about 500 staff and runs 68 company-owned plus 27 franchise stores nationwide. Liquidity stress forced administrators and receivers to step in, while customers now face a sharply reduced voucher value. Gift cards effectively require $2 in…

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