May 27, 2024 9.54am Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Subscribe now Already a subscriber? The Supreme Court of Victoria has ordered the liquidation of Bardee, a deep tech start-up backed by Australias largest venture capital fund, Blackbird Ventures. A Melbourne storage company, backed…
Conspiracy theorist Alex Jones is seeking court permission to convert his personal bankruptcy reorganization to a liquidation, which would lead to a sell-off of a large portion of his assets to help pay some of the $1.5 billion he owes relatives of victims of the Sandy Hook Elementary School shooting. Jones and his media company,…
Jun 7, 2024 4.54pm Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Subscribe now Already a subscriber? Ex-Myer chief executive Bernie Brookes retail business Marquee Retail Group, which owns accessory brands Colette and The Daily Edited, has dipped in and out of voluntary administration, emerging a…
A bitter dispute that emerged after a widely publicised PR stunt involving Roxy Jacenko has taken another turn as the company involved was plunged into liquidation. On Wednesday, the Supreme Court of NSW ordered that provisional liquidators take over Roxys Bootcamp Pty Ltd. Then late on Thursday, an ASIC notice revealed that Andrew Blundell and…
Credit: Mikael Seegen via Unsplash Staff noticed what they now describe as “red flags” at No Standing before the digital marketing agency went into voluntary liquidation. “I was always paid late … I’d be shocked if my superannuation ever turns up,” an insider who did not want to be named told AdNews. “There’s an extreme…
Business failures are on the rise in Britain, with several high-profile names lost already this year. But since the 1980s, the UK has made it a priority to throw a lifeline to struggling companies. It appears, however, that these efforts to enhance the law are being hampered by sloppy language in the media, increasing the…
Advertorial ARYZAs new head of corporate insolvency, Tom OConnor. Aryza, a leading provider of financial software solutions, announces the appointment of Tom OConnoras its Head of Corporate Insolvency. With an extensive career spanning over a decade in the insolvency sector and a proven track record in product development and client engagement, Tom brings invaluable experience…
By Ashley Nickel For Daily Mail Australia Published: 21:18 AEST, 4 June 2024 | Updated: 00:55 AEST, 5 June 2024 A Montessori childcare chain has entered voluntary administration. Seven Precious Cargo schools, a South Australian company founded by Cheryl Shi… Read the full article at: https://www.dailymail.co.uk/news/article-13492369/Precious-Cargo-Montessori-administration.html
The collapse of an Australian tech company has just taken another twist after staff received a letter from a government agency. Marketing and software company E-Mersion Media (Aust) Pty Ltd, headquartered in Melbourne, collapsed into liquidation last month with debts of at least $13 million. All the companys staff had been stood down by the…
Seven childcare centres in Adelaide are in danger of shutting down after the company behind them went into voluntary administration. Precious Cargo Education called in administrators this morning, with founder and director Cheryl Shigrov saying difficulties facing the entire industry were behind the company’s struggles. “In recent years there have been some challenges that the…
