Site Group International Enters Voluntary Administration TipRanks
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Recruitment agency boss’s second company goes bust The Press
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Healthscope has appointed restructuring experts at KordaMentha to prepare a contingency plan in case the country’s second-largest private hospital operator is placed into voluntary administration.
The company was acquired by Canadian investment giant Brookfield in 2019 but has struggled under a debt pile that has reached $1.6 billion. Healthscope has been negotiating with its lenders and has previously warned it may have breached the conditions of those loans.
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A Canberra private Christian school charging $17,000 a year has failed to pay staff and gone into voluntary administration.
Brindabella Christian College owes the Australian Taxation Office office $8m and administrators Deloitte have been appointed.
The school has more than 1000 students at its two Canberra campuses, and Deloitte has written to parents saying classes will continue as normal.
The Independent Education Union of Australia took Brindabella to the Fair Work Commission on March 3, trying to compel the school to pay its staff in full and on time while also raising questions about leave balances and potentially incorrect pay slips.
The school’s executive principal blamed the timeliness of parents paying school fees for delays in…
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APUS Zero Emission Faces Provisional Insolvency Update FuelCellsWorks
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On Friday, February 28, 2025, the Electricity Company of Ghana’s (ECG) Revenue Assurance Information Technology team conducted a comprehensive training session for the Volta Region’s Priority Clients Management Executives (PCMEs), Debt Management Officers (DMOs), and the Revenue Management Officer at the Regional Conference Room.
The training focused on the ECG live debt dashboard, equipping participants with the necessary tools to effectively manage high-consuming customers and reduce outstanding debts across various districts in the region.
The objective was to enhance efficient debt management and ensure steady revenue generation.
Participants were encouraged to leverage the…
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KEY TAKEAWAYS
- Changes to the Companies Law in 2022 have increased the options available to creditors of insolvent Jersey companies
- A creditor is now able to apply to the Jersey Court to wind up a company a liquidated claim against a Jersey incorporated company for not less than the prescribed amount of £3,000
- This guide sets out the key features of the Jersey creditor-driven winding up regime
The right of a creditor who is owed a liquidated debt that is not subject to a bona fide and substantial dispute to have the debtor company wound up if that debt is not paid in accordance with its terms is fundamental to the proper functioning of any modern financial system.
The existence (or absence) of an efficient…
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The goalposts for Members’ Voluntary Liquidation taxes are changing as announced in the Autumn Budget, Labour’s first major fiscal announcement since coming into power. As the government set out to raise a record £40 billion through tax rises, Capital Gains Tax and Business Asset Disposal Relief, both crucial to an MVL, came under the firing line.
A Members’ Voluntary Liquidation is a popular liquidation procedure as it provides a seamless exit route from a solvent limited company to company directors. An MVL provides a highly tax-efficient solution to exiting company directors in search of tax favourable ways to extract funds, and continues to uphold this advantage, despite the increase in MVL taxes.
What’s…
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Interior design firm Casa filed for bankruptcy in a Belgian court on Wednesday, raising questions over the future of the company’s stores and employees in Luxembourg.
Casa has eight stores across the Grand Duchy and its latest annual results listed 26 employees in the country in 2023.
The Luxembourg stores “will remain open” for the time being despite the bankruptcy application in Belgium, Casa International CEO Vincent Nolf told Belgian broadcaster VRT. “We cannot draw any conclusions about what will happen there,” he added, without giving further details.
Founded in 1975, Casa’s declaration of bankruptcy will lead to the closure of 63 stores and a distribution centre in Belgium, with 544 employees affected.
Casa’s problems…
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– An unusual South Island estate, Campbell Park, sold by liquidators for $3.2 million.
– The 79-hectare property features a Gothic-style castle, 35 homes, and a gymnasium.
– The estate, linked to abuse allegations, was previously owned by a company tied to Richard Yan.
An unusual but crumbling South Island estate the size of a small town has been sold by liquidators for $3.2 million.
OneRoof has reached out to the agent for comment but can report the sale price was over the $2.9m CV, $2.27m of which was improvements and $630,000 land value.
Campbell Park Estate, in Duntroon, slightly inland between Oamaru and Timaru, featured in the Hollywood blockbuster The Lion, the Witch and the Wardrobe but had also been in the headlines over
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African leaders demand debt relief as continent battles climate crisis Green Central Banking

















