Bill to streamline insolvency framework to be introduced in 2018: K. Shanmugam – The Straits Times

SINGAPORE – A new law to consolidate Singapore’s personal bankruptcy and corporate insolvency regimes will be introduced in 2018, to further boost the Republic’s status as a leading centre for cross-border debt restructuring, Home Affairs and Law Minister K. Shanmugam said on Thursday (Aug 24). The omnibus Insolvency Bill, which is expected to be enacted…

SurfStitch Wipeout- Voluntary Administration – Power Retail

In an ASX statement released today, SurfStitch Group Ltd announced administrators FTI Consulting has been appointed, with its voluntary administration effective immediately. The company had been beleaguered with several legal issues, including two class actions, an investigation by corporate watchdog ASIC and litigation as well. In a company statement SurfStitch says: the companies reluctantly made…

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…

Received a Winding Up Order In Zetland

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

Received a Winding Up Order In Yarraville

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