Jetstar will undertake a hiring blitz in response to the growing demand for domestic travel. Picture: NCA NewsWire / Paul Jeffers Jetstar will go on a hiring blitz to fill hundreds of new roles as airline switches some of its grounded international fleet towards domestic flights which are surging in demand. Jetstar chief executive Gareth…
As against CIRP, which follows creditor in control model, the pre-pack process would work on debtor in possession model. By Harish Kumar and Itee Singhal Ease of Doing Business for MSMEs: The pre-pack insolvency resolution process (pre-pack process), which has been in many discussions since the publication of the Insolvency Law Committees (committee) recommendations on…
Canberra Cavalry pitcher Shawn Morimando in action at Narrabundah Ballpark. Photo: Peter Norton. A new ownership structure as part of an overall restructuring of the Canberra Cavalry national baseball franchise is imminent after the club was forced into voluntary administration at the end of March. Back-to-back seasons disrupted by unforeseen circumstances hit the club hard,…
Released 30 April 2021 Next release 30 July 2021 Media enquiries Steven Fifer +44 (0)30 3003 1568 Statistical enquiries Becca Wedge-Roberts (author) [email protected] Kate Palmer (responsible statistician) 1. Main messages for England and Wales One in 396 active companies (at a rate of 25.3 per 10,000 active companies) entered liquidation between 1st April 2020 and…
Date: 30.04.2021 Supreme Court accepts complex task made more difficult by range of challenges WITS assets were eventually auctioned off as part of its liquidation The Supreme Court of Victoria Commercial Court brings into sharp relief the cost of company failure as external administrators are approved remuneration of more than $320,000 for their work in…
Living in the coastal suburb of Killcare on New South Wales Central Coast, the past year has seen Linda Gibbens spend the most time on solid ground in two decades. Previously a flight attendant with Emirates and Virgin Australia, the role saw her travel all around the world and live in Dubai for seven years…
Former Acxiom and LiveRamp executive Dean Capobianco has joined government-owned geospatial geospatial data company, Geoscape Australia, as CEO. Capobianco started his corporate career in media after time as an elite athlete whereby he competed for Australia at the Olympics. Dean Capobianco Most recently, he was acting CEO of the now insolvent tech startup UbiCar, an…
Weekly Reports | 11:18 AM This story features EZZ Life Science Holdings Ltd, and other companies. For more info SHARE ANALYSIS: EZZ You beauty! Health and wellness stocks that deliver prosperity and vitality By Tim Boreham, Editor, The New Criterion It seems the only advertisers these days are Harvey Norman, sports betting shops and Chemist…
CREDITORS of a century-old Ipswich manufacturing business which went into administration two years ago are set to receive what is owed to them in full. Claypave Pty Ltd went into voluntary administration in March 2019 owing $4.9 million to the Commonwealth Bank and $70,000 to trade creditors. It had accrued liabilities of $2 million in…
In the summer of last year, the Corporate Insolvency and Governance Act 2020 (CIGA) was rushed through the UK Parliament in a five-week period to deal with the expected fallout from the Covid-19 pandemic. As the biggest change to the UKs insolvency and restructuring legalisation in over 20 years, one of the cornerstones of this…