TC BioPharm was the only Scottish life sciences company on the US Nasdaq exchange when it launched there in 2022 but was delisted last year. Administrators were announced in October and now, after a buyer could not be found, liquidators have been appointed. All 14 staff were made redundant. The plan had been to create…
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Investment bank Deutsche Bank has taken control of five pubs owned by Jon Adgemis’ Public Hospitality, appointing receivers before a court hearing in which tax authorities are attempting to bankrupt the former KPMG dealmaker. Deutsche, which led a major refinancing of Public Hospitality’s debt in 2024, has appointed McGrathNicol as receiver over the five venues,…
Historic SA food producer enters administration Renowned South Australian business Spring Gully Foods entered voluntary administration saying “this week has been one of the toughest for our team, our suppliers, our customers, and our family”. The Dry Creek-based food producer appointed James Stuart McPherson as its administrator on October 22 and the company’s 34 staff…
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Media Release: Minister for Infrastructure, Transport, Regional Development and Local Government Regional and remote airports impacted by Rex’s voluntary administration can now apply for a share in $5 million of funding under the Australian Government’s Regional and Remote Airport Support Program. With many of these airports being run by local councils this program will help…
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