PANDEMIC costs and the high price of cattle have been named as key impacts leading to the placing of prominent live cattle exporters the North Australia Cattle Company, and its southern counterpart, into voluntary administration. The company, once the live export logistics business of Elders, has accumulated debts owed to trade creditors of approximately $3.6…
The ACT Health Minister has called on the federal government to reconsider cutting off Canberra from bulk-billing incentives, as 30,000 members of a key affordable healthcare provider face an uncertain future. However, Royal Australian College of General Practitioners president Karen Price said bulk billing wasn’t the answer and broader reform of the system was needed.…
South Shore Holdings has applied to the Macau court for voluntary liquidation of its wholly-owned subsidiary New Concordia Hotel Limited, the sole beneficial owner of THE 13 Hotel. The application comes as South Shore faces increasing pressure from its lenders to repay mounting debts, including a statutory demand issued by one lender earlier this month…
News GPs are calling for widespread primary care funding reform after a not-for-profit bulk-billing co-operative servicing 30,000 patients went into voluntary administration. Pure bulk-billing clinics are becoming less and less sustainable. The National Health Co-operative (NHC), which runs eight not-for-profit bulk-billing clinics in the ACT, reportedly entered voluntary administrationdue toan insurmountable forecast deficit following the…
ANI | Updated: Jun 22, 2021 15:54 IST New Delhi/Mumbai [India], June 22 (ANI/NewsVoir): Cyril Amarchand Mangaldas (Firm) acted as the legal counsel to Committee of Creditors (CoC) of Dewan Housing Finance Corporation Limited (DHFL) on DHFL’s corporate insolvency resolution process. The CoC of DHFL comprises of banks, financial institutions, and authorised representatives acting on…
(Eds: Disclaimer: The following press release comes to you under an arrangement with Newsvoir. PTI takes no editorial responsibility for the same.) Delhi | Mumbai, India (NewsVoir) Cyril Amarchand Mangaldas (Firm) acted as the legal counsel to Committee of Creditors (CoC) of Dewan Housing Finance Corporation Limited (DHFL) on DHFLs corporate insolvency resolution process. The…
MIAMI, June 21, 2021 (GLOBE NEWSWIRE) — National investor fraud law firm, KlaymanToskes (KT), announces an investigation on behalf of investors in Northstar Financial Services (Bermuda) Ltd. following its recent bankruptcy and order to liquidate by the Bermuda government. Northstar Financial Services was a Segregated Accounts Company regulated by the Bermuda Monetary Authority, and touted…
Canberras National Health Co-op was a groundbreaking healthcare model. Photo: File. UPDATED 9.50am: Administrators for the National Health Co-operative say they are confident the embattled health service can continue trading for at least three months, given the cash flow. Speaking to ABC Radio, Michael Slaven from Slaven Torline said that he was hopeful the NHCs…
Jane Goodfellow, 58, and Clare Watts, 54, from Somerset, were both handed suspended sentences at Taunton Crown Court after pleading guilty to running a company whilst Goodfellow was disqualified. Goodfellow pleaded guilty to acting as a director while disqualified and carrying on a business under a prohibited name at Taunton Crown Court on 12 April.…
The National Health Co-op, which runs eight not-for-profit clinics in Canberra, has gone into voluntary administration. In a message to staff on Monday, administrators Slaven Torline said the end of JobKeeper and “recent staff changes” had left an “insurmountable” forecast deficit. “The board and management have looked at further ways to address the NHC’s financial…