KPMG Australia has been appointed as voluntary administrators by Fishburners, one of Australia’s largest and longest-standing early-stage start-up communities. Partners Gayle Dickerson and Phil Quinlan will oversee a strategic restructuring of the organisation. This includes an accelerated sale and recapitalisation process. Loading… Read the original article here
Fishburners, the Sydney co-working space that grew into one of Australia’s most influential startup communities, has entered voluntary administration. The administration spells an uncertain future for the not-for-profit, which evolved from a single hub in Ultimo to a community spanning over 35,000 entrepreneurs. Documents listed by the Australian Securities and Investments Commission show Fishburners Limited…
The organisation behind of Australia‘s largest and longest-standing early stage start-up communities has collapsed into voluntary administration. KPMG Australia’s Gayle Dickerson and Phil Quinlan will oversee a strategic restructing of not-for-profit Fishburners, which has fostered more than 35,000 entrepreneurs since 2011, including furniture company Koala and pet-sitting service Mad Paws. The Sydney-based hub supports tech…
NCLAT Quashes Insolvency Proceedings Against Embassy Developments Construction World Read the original article here
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Hamilton Asphalts goes into liquidation, first report shows millions owed to creditors The Post Read the original article here
BRISBANE, May 7, 2026, 07:07 AEST Jack Purcell Meats, established in Northgate back in 1943, is now in liquidation following a winding-up process. At its peak, the business operated 23 butcher shops throughout Brisbane, but has since scaled back to focus solely on its Virginia store and wholesale operations. Australian food businesses are feeling the…
Liquidators appointed to UK airline with planned flights cancelled The Hereford Times Read the original article here
Canadian business insolvency filings increased the most in 31 years last quarter, and rising interest rates could push the number even higher, according to the Canadian Association of Insolvency and Restructuring Professionals (CAIRP). Business insolvency filings in Canada rose 33.8% in the first quarter compared with the same quarter last year, according to data from…
National Company Law Appellate Tribunal has set aside an order passed by the National Company Law Tribunal that had admitted insolvency proceedings against Embassy Development, holding that the application filed by Canara Bank was barred under provisions of Section 10A of the Insolvency and Bankruptcy Code. The Delhi bench of the NCLT had, in…