Virgin boss Jayne Hrdlicka signals an airline war is brewing – Sydney Morning Herald

Hrdlicka moved to Australia in 1994 following stints at other US corporates and rejoined Bain’s local consulting arm in 1997. Her first client? A young Ansett executive named Alan Joyce. The pair’s professional relationship continued when Joyce moved to Qantas, and Joyce eventually hired Hrdlicka in 2010 as the Flying Kangaroo’s Group Executive of Strategy…

Travel company EWT collapses, owing millions to high school students and their families – SmartCompany.com.au

A travel company that organised overseas school trips has collapsed into liquidation, owing more than $2 million to hundreds of high school students. David Coyne from BRI Ferrier was appointed as liquidator of Educational World Travel (EWT) on November 30. The business has been operating overseas trips for school students, including its GDay USA program,…

Dubai e-commerce platform Sprii goes into liquidation after failing to raise more capital – Gulf Business

Dubai-based online marketplace for mothers and children, Sprii, has hired Guy Wall of Grant Thornton as the companys liquidator after its dual quest of raising additional funding and selling the business, went south. A board resolution passed on December 6 has formally placed the company into liquidation. I have been advised that the liquidator is…

Dubai’s Sprii enters liquidation after running out of cash | KrASIA – KrASIA

Dubai-based baby products ecommerce platform Sprii has been placed into liquidation after running out of cash,MENAbytes has learned. A board resolution was passed to place the company into liquidation, appointing accounting firm Grant Thornton as its liquidator. Spriis founder and CEO Sarah Jones wrote a letter to stakeholders informing them about the decision. As a…

How cash-strapped businesses are turning claims into money without the related risk and expense – World Finance

Author: Ellora MacPherson, Chief Investment Officer at Harbour Litigation Funding December 7, 2020 The whos who of doomed retailers makes for stark reading. And similar stories can be found in many economies around the world. There is no denying that while the pandemic has hit many sectors hard, high street retailers have suffered significantly with…