An Off Ya Tree location in Melbourne CBD’s Collins Street. Source: Google Maps The business behind alternative clothing, body piercing, and former bong retailer Off Ya Tree has fallen into liquidation, as the retail chain assures customers a dozen stores will remain operational. Con Kokkinos of insolvency firm Worrells was appointed as liquidator for Thendro…
Winding-up orders were made against five companies from the Sk:n Group of companies on Thursday 18 July 2024. The court appointed the Official Receiver, Joseph Sullivan, as liquidator of: Lasercare Clinics (Harrogate) Limited (company number 02545572) LCHMG Limited (company number 12325705) ABC Lasers Ltd. (company number 04795786) Cosmeceuticals Limited (company number 06114019) Cellite Clinic Limited…
Liquidators reveal home building company’s $300k debt to staff Townsville Bulletin Read the original article here
By Mike O’Connor | 21 May 2024 Momento Photo Books, the Sydney-based photo book publishing company, is to close after 20 years in business. The company confirmed it had gone into liquidation in a Facebook post last night. “Despite every effort to keep the business alive, economic conditions of the last few years sealed our…
Mark Stevens of Kurraba Point, NSW, today appeared at the Downing Center Local Court charged with dishonestly causing a financial disadvantage by deception contrary to section 192E(1)(b) of the Crimes Act 1900 (NSW). Following an ASIC investigation, it is alleged that between 3 June 2016 and 10 June 2016, Mr Stevens dishonestly caused $110,000 payable…
We previously reported that the Japanese eatery Sapporo Teppanyaki appeared to enter liquidation. Simon Thomas Barriball and Gareth Bishop of McAlister & Co Insolvency Practitioners Limited were appointed as liquidators of a business named Sapporo Teppan Ltd – with Sapporo Teppanyaki as the trading name. (Image: The Gazette) READ MORE: Glasgow restaurant Sapporo Teppanyaki enters liquidation However it was not clear how this…
Liquidation looms as brewery’s frothy debts revealed Gold Coast Bulletin Read the original article here
The joint parliamentary committee on corporations and financial services recently handed down its report following an inquiry into corporate insolvency, which comes after campaigning from the Australian Restructuring, Insolvency and Turnaround Association (ARITA) for a review of insolvency law across the country. The resulting report required an “inquiry into the effectiveness of Australia’s corporate insolvency…
JAL was part of the Reserve Bank of India’s list of 26 big loan defaulters to commercial banks for initiating bankruptcy proceedings in August 2017. 3 min read Last Updated : Jun 03 2024 | 7:15 PM IST The National Company Law Tribunal (NCLT) on Monday directed to initiate insolvency proceedings against debt-ridden Jaiprakash…
US corporate bankruptcy filings reached a new high in March as companies continue to battle high interest rates and lingering operational challenges. S&P Global Market Intelligence recorded 59 new bankruptcy filings in March, up from a revised total of 48 in February. While year-to-date corporate bankruptcies are below the previous year’s total by the end…