At the time of liquidation, the business had four shareholders, Mandy and Antony Lusk, Eugene Gibson, and Danny Phipps. The business is in arrears with its landlord and the Inland Revenue Department. There are 63 businesses listed as known creditors, including many suppliers of the restaurant. AdvertisementAdvertise with NZME. Creditors include Spark, Mercury Energy, Nova…
The new year has not got off to a great start for Australia’s craft brewing industry, with the news that South East Brewing Company, trading as Kaiju! Beer, has appointed DBA Reconstruction and Advisory as voluntary administrators to assist in a financial restructuring of the business. The company will continue operating as usual during this…
Seer Medical cofounders in happier times [from L to R]: Professor Mark Cook, Dr Dean Freestone, and George Kenley. A medtech tech company named Victorian Startup of the Year in 2022 and backed by Breakthrough Victoria has entered voluntary administration with a “potential sale or large-scale restructure” on the cards. Pitcher Partners’ Lindsay Bainbridge and…
Seer Medical cofounders in happier times [from L to R]: Professor Mark Cook, Dr Dean Freestone, and George Kenley. A medtech tech company named Victorian Startup of the Year in 2022 and backed by Breakthrough Victoria has entered voluntary administration with a “potential sale or large-scale restructure” on the cards. Pitcher Partners’ Lindsay Bainbridge and…
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Baby City snapped up by new owner before end-of-year insolvency The Post Read the original article here
The company behind the award-winning Manchester spirit brand Didsbury Gin has gone into liquidation – owing close to £200,000 to creditors. Launched in 2017 by Mark Smallwood and Liam Manton, the co-founders enjoyed 15 minutes of fame when they made an appearance on Dragon’s Den in 2019, where they successfully received the backing of Jenny…
Craft Warehouse, a small local chain of arts-and-crafts stores, said Wednesday it is closing its locations in Beaverton and Vancouver. The stores — at 13503 S.E. Mill Plain Boulevard in Vancouver and 3125 S.W. Cedar Hills Boulevard in Beaverton — are closed Wednesday to prepare for liquidation sales starting Thursday at 9:30 a.m. “The liquidation…
Restructuring & Insolvency Laws and Regulations Report 2024-2025 ICLG.com Read the original article here
The extraordinary general meeting was convened in December after it became evident that the company’s equity had plummeted to minus 29.5 billion kronor. Shareholders were presented with two options: to continue operations or to liquidate the company – selling off all assets, settling as much debt as possible, and then ceasing operations. It has now…