Category Archives: Liquidation

Shoppers left without lay-by answers as Bubs Baby Shops collapses into voluntary administration – SmartCompany.com.au

Customers have taken to Facebook with questions about lay-by orders and the future of stores after baby supplies retail chain Bubs Baby Shops collapsed into voluntary administration last week, leaving 70 workers with uncertain futures. According to ASIC notices published on Tuesday, Simon Cathro and Christopher Cook of Worrells Solvency were appointed as voluntary administrators of nine company entities…

Alleged mastermind behind tax-evasion scheme ordered to pay $8.5m to ATO – ABC Online

A Melbourne man alleged to have masterminded a massive tax-evasion scheme has been hit with a personal tax bill of $8.5 million, despite claiming his only asset is an old Ford Falcon. Key points: Philip Whiteman is under investigation by the ATO for allegedly advising clients how to “phoenix” companies Whiteman was ordered to…

ACCC will not oppose Murdoch and Gordon’s joint acquisition of Ten – AdNews

The ACCC will not oppose the joint acquisition of Ten by media moguls Lachlan Murdoch and Bruce Gordon. In an announcement from the independent authority and competition regulator, it said Gordon’s Birketu and Murdoch’s Illyria’s proposed joint bid to acquire Ten Network Holdings, with each to take a 50% in the media business, was permitted to…

What Subcontractors and Suppliers Need to Know About Head Contractor Insolvencies – Sourceable

As noted in The Age, however, that was not to be. Reed Constructions, the company contracted by the Victorian Government to undertake the upgrade, famously collapsed in 2012 owing $89.2 million to unsecured creditors, including $85.6 million to subcontractors many of whom had been engaged (mostly in New South Wales) to work on major public-sector…

Received a Winding Up Order In Surfside

Received a Winding Up Order It goes without saying that in a number of industry sectors, small businesses are doing it tough in Surfside When you would think that some compassion and assistance may be offered, the tax office and government bodies in Surfside continue to be more aggressive by applying for company wind-up orders…

Received a Winding Up Order In Strathfield South

Received a Winding Up Order It goes without saying that in a number of industry sectors, small businesses are doing it tough in Strathfield South When you would think that some compassion and assistance may be offered, the tax office and government bodies in Strathfield South continue to be more aggressive by applying for company…

Received a Winding Up Order In St Kilda

Received a Winding Up Order It goes without saying that in a number of industry sectors, small businesses are doing it tough in St Kilda When you would think that some compassion and assistance may be offered, the tax office and government bodies in St Kilda continue to be more aggressive by applying for company…

Received a Winding Up Order In Springvale

Received a Winding Up Order It goes without saying that in a number of industry sectors, small businesses are doing it tough in Springvale When you would think that some compassion and assistance may be offered, the tax office and government bodies in Springvale continue to be more aggressive by applying for company wind-up orders…

Received a Winding Up Order In Soldiers Point

Received a Winding Up Order It goes without saying that in a number of industry sectors, small businesses are doing it tough in Soldiers Point When you would think that some compassion and assistance may be offered, the tax office and government bodies in Soldiers Point continue to be more aggressive by applying for company…

Received a Winding Up Order In Shorncliffe

Received a Winding Up Order It goes without saying that in a number of industry sectors, small businesses are doing it tough in Shorncliffe When you would think that some compassion and assistance may be offered, the tax office and government bodies in Shorncliffe continue to be more aggressive by applying for company wind-up orders…