COURT BATTLE OVER REACON BUSINESSES

By Wayne Robinson | 11 April 2025 Vik Gulati, owner of south-west Sydney based Westmann Printing, has bought the beleaguered Reacon Group, as its print operation Reacon Australia and sister company mmw3degrees are in administration. Bought Reacon Group: Vik Gulati, Westmann Printing Gulati became a director of Reacon Group on Monday, when previous owners Jahinger…

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Aussie home builder Stokes Wheeler collapses owing almost $20million to staff and creditors

By ASHLEY NICKEL FOR DAILY MAIL AUSTRALIA Published: 17:25 AEST, 15 April 2025 | Updated: 18:47 AEST, 15 April 2025 Creditors of a recently collapsed building company have been warned they’re unlikely to recover their money. Gold Coast construction company Stokes Wheeler owed staff up to $1.66million and unsecured creditors more than $13.5million when it entered administration…

Two popular Dorset festivals put into liquidation

Hard Way Promotions Limited, which trades as Wilkswood Reggae Festival and Jurassic Dance Festival, was voluntarily liquidated last month. Bosses blamed the “current financial position” of the company for the reason why this summer’s event will not go ahead.  Nick Cusack and Paul bailey, of Croydon insolvency firm Bailey Ahmad, have been instructed as joint…

Jeanswest to close all stores Australia-wide as parent company enters voluntary administration

Jeanswest’s 53 years of operation in Australia are set to end. Photo: Facebook. Jeanswest is the latest clothing outlet to end its operations in Australia, after it was announced its parent company, Harbour Guidance Pty Ltd, had entered voluntary administration. Across the Region network, stores will close in Tuggeranong, Bega, Wollongong, Albury and Griffith. Across…