Aussie building company collapse leaves homeowners out-of-pocket – MSN
Aussie building company collapse leaves homeowners out-of-pocket MSN Read the original article here
Aussie building company collapse leaves homeowners out-of-pocket – MSN
Aussie building company collapse leaves homeowners out-of-pocket MSN Read the original article here
Aussie building company collapse leaves homeowners out-of-pocket – MSN
Aussie building company collapse leaves homeowners out-of-pocket MSN Read the original article here
EV maker Canoo ends its journey—files for bankruptcy and liquidation
Months after struggling to secure a firm source of funding and of watching its shares lose value on an almost daily basis, the people behind Canoo decided Friday to park the EV venture, flat tires and all and filed for Chapter 7 bankruptcy. Since it’s not a reorganization or Chapter 11 bankruptcy filed…
St Asaph hotel and wedding venue closes as firm enters liquidation
Employees at the Oriel Hotel were reportedly told yesterday (January 17) that the venue had closed due to the firm going into liquidation. The Journal made attempts to contact the hotel, and received a recorded message stating the “hotel is now closed due to the company being in liquidation”. A hotel since the 1960s, the property was…
Aussie building company collapse leaves homeowners out-of-pocket – MSN
Aussie building company collapse leaves homeowners out-of-pocket MSN Read the original article here
Temporary changes to insolvency laws
Summary On 23 March 2020, the Federal Parliament passed the Coronavirus Economic Response Package Omnibus Bill 2020 (the COVID Act). The COVID Act received Royal Assent on 24 March 2020 which amended, amongst other things, the Corporations Act 2001, the Bankruptcy Act 1966 and the Bankruptcy Regulations 1996 to temporarily release directors from a risk…
What does the Temporary Relief from Wrongful Trading Tell Us about Singapore’s New Insolvency Law Regime?
Stacey Steele* The Singapore Government introduced temporary measures to relieve officers from new wrongful trading provisions as part of its response to COVID-19 in April 2020. The provisions establishing liability for wrongful trading are set out in the Insolvency, Restructuring and Dissolution Act 2018 (Singapore) (the “IRDA”) – which is yet to become effective. Singapore’s…
Mathew Gashi – Maddocks
Mathew Gashi Maddocks Read the original article here
Real world: ‘Jim, we’re in bad nick’ as insolvencies rise – The Australian
Real world: ‘Jim, we’re in bad nick’ as insolvencies rise The Australian Read the original article here