Australia’s largest listed casino company, The Star Entertainment Group, has been fined $260 million over historical repeated money laundering violations that led to the suspension of its casino licences in NSW and Queensland. The penalty handed down by Justice Cameron Moore in the Federal Court today came a day after shareholders gathered for the casino…
REVEALED: Liquidator appointments for businesses in the Northern Midlands council area for October 30 The Mercury Read the original article here
Paradigm Biopharmaceuticals Ltd (ASX:PAR) PAR (ASX:PAR) announced that its Phase 3 knee osteoarthritis clinical trial met the pre-defined futility criterion at interim analysis, leading to the appointment of voluntary administrators effective 29 September 2026, as detailed in the company’s quarterly activities report for the period ending 30 September 2026. Key Points On 23 September 2026,…
The dispute arose from supplies of aluminium ingots by Asier Metals. On October 7, the NCLT Ahmedabad admitted the operational creditor’s petition and appointed Sunit Jagdishchandra Shah as Interim Resolution Professional. Polycab had opposed the petition, arguing that the invoices reflected provisional billing, the parties’ ledgers required reconciliation and an ₹80 lakh deduction towards demurrage…
Market snapshot: The National Company Law Appellate Tribunal has set aside corporate insolvency resolution proceedings initiated against Polycab India Limited. The earlier insolvency admission order by NCLT stemmed from a Section 9 petition regarding an alleged operational debt claim of ₹2.79 crore. Data Snapshot Alleged operational debt dispute under Section 9 IBC stands at ₹2.79…
Dive Brief: The total number of larger U.S. corporate bankruptcy petitions filed this year through June ticked up to 372, just above the 371 total in the year-earlier period, keeping it hovering at the highest level since 2010, according to a Monday report from S&P Global. In the first six months industrial companies filed the…
Thousands of First Guardian investors have received the devastating news that they may not be able to recover the millions of dollars they invested in the scheme that later collapsed. Out of nearly half a billion lost in the collapse, liquidators have been able to recover about $8 million, but some $7 million has already…
The Gorbals Drinks Co Limited passed a resolution to be wound up last month. An official listing states: “That it has been proved to the satisfaction of the meeting that the company cannot by reason of its liabilities continue its business and that it is advisable to wind up same and, accordingly, that the company…
Full list: Companies entering liquidation or administration across Australia on October 30 The Courier Mail Read the original article here
To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…