There has been one company liquidation notice in the Gold Coast Local Government Area today and 255 for the past year. Today’s liquidations: Prestige Landscaping Pty Ltd, ABN: 25651433420, Main Business Location: QLD 4214, Notice Date: October 6, 2023, Liquidator: Jason Tang News Corp analysis of ASIC Insolvency Notices and ABN Lookup data shows the…
ASIC has listed one company liquidation notice in South Australia today. There have been four in total this month. Cramond Holdings Wine Assets Pty Ltd, ABN: 13125089312, Main Business Location: SA 5034, Notice Date: October 4, 2023, Liquidator: Nicholas David Gyss Octoman Nominees Pty Ltd, ABN: 30090429931, Main Business Location: SA 5041, Notice Date: October…
Rainwater tank manufacturer Camel Tanks will be liquidated with more than $2.5m in debt owed to its creditors. The company was placed into voluntary liquidation on September 21 and it was decided that there was no way it could trade itself out of trouble. Worrells accountant Adam Ward has been appointed to liquidate the company.…
Companies Casino Guichard Perrachon SA Follow Natwest Group PLC Follow LONDON, Oct 6 (Reuters) – Debt-laden companies across Europe, Middle East and Africa face a $500 billion refinancing scramble in the first half of 2024, a challenge that could kill off many “zombie” businesses even though an expected peak in rates could bring some relief.…
A bespoke South Australian residential home builder has collapsed and appointed an external administrator. Residence Building Group is the latest builder in the state to enter voluntary administration, following the collapse of four other companies in the span of several months. The company has seven current home builds, including a project in the Adelaide Hills…
Oct 4, 2023 6.36pm Bradley Hall, the owner of boutique home builder Chatham Homes, which went into liquidation this week leaving 50 buyers with unfinished homes, blamed the largely hidden commissions builders pay to referring agents between 8 per cent and 12 per cent of a contract price for his companys collapse. The absurdly high…
Fresh changes to the insolvency code removed the moratorium hurdle that lessors faced in taking back control of aircraft from bankrupt airlines. Transactions, arrangements, or agreements related to aircraft, aircraft engines, airframes, and helicopters will be exempt from the moratorium under the new amendment to the Insolvency and Bankruptcy Code, 2016, according to a government…
(London) The Legal 500 United Kingdom 2024 has recognized a number of Akin practices and lawyers in the firms London office as leaders in their respective fields. For the 10th consecutive year, Akins financial restructuring practice received top rankings in the Corporate Restructuring and Insolvency category. In addition, Akin saw three partners named to the…
Torrent Investments Pvt. Ltd has filed a Letter of Urgency in the Supreme Court challenging the 2 March order of National Company Law Appellate Tribunal, that allowed Reliance Capitals lenders to initiate a second auction, as a part of its corporate insolvency resolution process. In its three-page letter, Torrent said it has sought the apex…
Yet another South Australian builder has gone into voluntary administration, citing fixed price contracts as a factor behind debts of more than $1 million. Key points: Residence Building Group has appointed a voluntary administrator The company has shared the news in an email The managing director said COVID-19 and inflation were contributing factors The Residence Building Group yesterday appointed…