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Fonebiz enters liquidation after stiff competition from vendors – ARNnet

Australian mobile phone repair firm, 101 IT Solutions, which traded as Fonebiz, has gone into liquidation just over a month after being placed into voluntary administration.

Domenic Calabretta, of Mackay Goodwin, was appointed as liquidator on 15 November after creditors voted in favour of winding up the company, which had been in administration since October.

Calabretta, along with Grahame Ward, were also joint administrators of the company, which had its headquarters in Sydney.

Fonebiz has carried out an extensive review of its operations in Australia and New Zealand and after careful consideration has mad…

Read the full article at: https://www.arnnet.com.au/article/630087/fonebiz-enters-liquidation-amid-stiff-competition-from-vendors/

Category: LiquidationBy Insolvency GuardianNovember 15, 2017

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Fonebiz enters liquidation after stiff competition from vendors – ARNnet

Australian mobile phone repair firm, 101 IT Solutions, which traded as Fonebiz, has gone into liquidation just over a month after being placed into voluntary administration.

Domenic Calabretta, of Mackay Goodwin, was appointed as liquidator on 15 November after creditors voted in favour of winding up the company, which had been in administration since October.

Calabretta, along with Grahame Ward, were also joint administrators of the company, which had its headquarters in Sydney.

Fonebiz has carried out an extensive review of its operations in Australia and New Zealand and after careful consideration has mad…

Read the full article at: https://www.arnnet.com.au/article/630087/fonebiz-enters-liquidation-amid-stiff-competition-from-vendors/?fp=2&fpid=1

Category: LiquidationBy Insolvency GuardianNovember 15, 2017

Post navigation

PreviousPrevious post:Singh brothers restructure Fortis, Religare as they wrestle with debt – LivemintNextNext post:Fonebiz enters liquidation after stiff competition from vendors – ARNnet

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May 31, 2025
RPs can now invite interim finance providers to CoC meetings
May 31, 2025
‘Absolutely gutted’: £16,500 Glastonbury packages won’t be fulfilled after company goes bust | Money News
May 31, 2025
Seek restructuring support at first sign of distress – GIPC CEO urges businesses
May 31, 2025
Corporate insolvencies reach highest level since July
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