The Australian Securities and Investments Commission (ASIC) has this week issued notices of the liquidation of South Australian-based lighting company Vailo.

Liquidator Robert Hutson of KordaMentha is seeking debts owed to parties including the National Australia Bank, and separately a Supreme Court order to wind up the company has been made with liquidator Robert Ferguson from Ferguson Hannam appointed.

However, Vailo owner Aaron Hickmann claims that he is aiming to resurrect the company, telling Adelaide’s The Advertiser that he hopes to achieve a Deed of Company Arrangement through the voluntary administration process regardless of the wind up order.

The Advertiser previously reported the Australian Taxation Office lodged a…

On 30 June 2025, a winding-up order was made against Prax Lindsey Oil Refinery Limited, Prax Storage Lindsey Limited, and Prax Terminals Killingholme Limited. The court appointed the Official Receiver, Gareth Jonathan Allen, as Liquidator.

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Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:

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2….

British beauty brand Mallows Beauty has entered into liquidation, reportedly owing £1.9m to 57 creditors.

The brand, known for its range of vegan skin and body care products, filed for liquidation on 27 November 2025, with Bethan Evans and John Cullen of Menzies LLP appointed as joining liquidators on 5 December.

Mallows Beauty was founded in spring 2020 by Laura Mallows and rapidly grew on social media, landing UK retail partnerships with Superdrug, Beauty Bay, Oliver Bonas and more.

At its peak, the brand achieved annual revenue of more than £5m, and received a six-figure equity investment from the Development Bank of Wales in 2024 – the third investment in the brand from the…

As we approach the one-year mark of the January wildfires which burned through 50,000 acres, destroyed 16,000 structures and killed more than two dozen people, financial institutions continue rolling out relief programs and solutions.

Wescom Financial, a credit union based in Pasadena, recently partnered with ForgiveCo, a debt forgiveness public benefit corporation, with a pledge to erase $10 million worth of debt for those most impacted by the Eaton and Palisades fires.

Through its data-driven platform, ForgiveCo leveraged ZIP codes from the burn areas and conducted “a debt-level analysis,” said Ashley White, chief marketing officer at Wescom.

“We want to make sure those people who really need (the relief) are getting it, and…

Over 51,000 Kazakhstanis declared bankrupt – Ministry of Finance

During a visit to Aceh on Sunday, Prabowo said he had received extensive reports on the scale of agricultural destruction and stressed that affected farmers…