Yarra Valley wine industry feeling the squeeze as longstanding winery enters voluntary administration Mountain Views Star Mail Read the original article here
The world’s leading publicly traded Bitcoin treasury company, Strategy, is among a list of companies of its kind that face potential removal from Morgan Stanley Capital International (MSCI) global indexes. Announced on October 15, the decision established new financial tests that deem non-operating companies ineligible for indexing. In this context, non-operating firms are those whose…
REVEALED: Liquidator appointments for businesses in the Adelaide Hills council area for October 15 | The Advertiser Adelaide Now Read the original article here
Companies that get stricken off are those that fail financial and operational tests across two consecutive review periods. JPMorgan predicts $2.8B liquidation risk JPMorgan now estimates that Strategy’s removal from MSCI indexes could trigger $2.8 billion worth of liquidations. The company came up with the figure by analyzing the passive funds tracking the MSCI USA…
REVEALED: Liquidator appointments for businesses in the Parramatta council area for October 15 The Daily Telegraph Read the original article here
REVEALED: Liquidator appointments for businesses in the Maroondah council area for October 15 Herald Sun Read the original article here
More than half of the remaining stores in a struggling womenswear chain will close as its receivers decide on a buyer for the business. Twenty-six of the 46 remaining Cue and Veronika Maine stores left in Australia and New Zealand will close from Thursday. The Sydney-based chain went into voluntary administration in September after nearly…
Strait Shipping Uncertainty Grows… Stock Loans Draw Interest Amid Forced-Liquidation Risk 아시아경제 Read the original article here
Cue Clothing have shut 26 stores as the search for a buyer continues after the popular women’s clothing company went into administration. Cue Clothing Co, which is behind Cue and Veronika Maine, collapsed into voluntary administration in September, with Kate Warwick and Vaughan Strawbridge of FTI Consulting tasked with finding a buyer as receivers and…
Three entities have lost their bid against their liquidator after the latter proved they were too intertwined to not be considered a pooled group for the purposes of winding up. Liquidator Mohammad Mirzan Bin Mansoor has won his proceedings in the Federal Court of Australia for justification to combine three related entities into a single…