Insolvency Guardian Media Centre
The creditors’ position would continue to “play out” through the administration process, Gammel said.
“Were still hopeful of getting a sale away and parties are working very hard to do that,” he said.
“The guys [at 1800 Lasagne] are still continuing to trade because they really believe in the business and want to keep it going.”
On Instagram this week, 1800 Lasagne shared that it was hiring chefs. A post urged applicants to “come join us”.
“We are looking for chefs that are driven, ambitious, excited and passionate about food and wine,” the post read. “Various roles and rosters available.”
Gammel said creditors would receive more details in a report due on Tuesday.
He said in the creditors’ meeting that 1800…
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Victorian man jailed for complex fraud to help business owners knowingly avoid bankruptcy The National Tribune
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PNC Infratech share price added more than 2 percent in the early trade on September 22 following the company received LoA for a project in Bihar worth Rs 495.5 crore.
At 09:25am, PNC Infratech was quoting at Rs 315.15, up Rs 8.15, or 2.65 percent, on the BSE.
The company has received Letter of Acceptance (LOA) from Bihar State Road Development Corporation (BSRDC) for the project namely construction of high level bridge and approach road on Hathouri-Atrar-Bavangama-Aurai Road in Bihar.
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Earlier in this month, the Competition Commission of India (CCI) has approved the proposed acquisition of Jaiprakash Associates by PNC Infratech. Jaiprakash Associates is currently undergoing the corporate…
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Drawing the line on insolvency: Lessons from Africell and other landmark cases Daily Monitor
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PNC Infratech share price will remain in focus on September 22 following the company received LoA for a project in Bihar worth Rs 495.5 crore.
The company has received Letter of Acceptance (LOA) from Bihar State Road Development Corporation (BSRDC) for the project namely construction of high level bridge and approach road on Hathouri-Atrar-Bavangama-Aurai Road in Bihar.
Catch all the market action on our live blog
Earlier in this month, the Competition Commission of India (CCI) has approved the proposed acquisition of Jaiprakash Associates by PNC Infratech. Jaiprakash Associates is currently undergoing the corporate insolvency resolution process under the Insolvency and Bankruptcy Code.
Also, company has emerged as the lowest bidder for the…
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Today, Gupta, 38, is saddled with over Rs.1 crore in debt, entirely in her name, yet none of her choosing. She is among the hidden casualties of India’s Real Money Gaming (RMG) boom, where spouses, parents,…
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Old Young’s and Gingin Gin producer Australian Distilling has entered voluntary administration.
The distillery is located in Swan Valley, near Perth in Western Australia, and trades as the three companies: Old Young’s, Juniper Society and Gingin Gin.
Representing RSM Partners and National Directors Recovery and Restructuring, Greg Dudley, Phil Davies and Jerome Mohen were appointed voluntary administrators on 9 September.
They have since taken control of the company.
Mohen said the group was “undertaking an urgent assessment of its financial position to form a view regarding its future viability, and to provide the company with…
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Australian Distilling Ltd, the parent company of Old Young’s, Juniper Society, and Gingin Gin, has appointed Phil Davie, Jerome Mohen, and Greg Dudley of RSM Australia Partners as voluntary administrators.
The appointment follows just under one year after the business launched a public crowdfunding campaign to support the development of its new venue, the Cathedral of Gin, in Swan Valley, Western Australia. This raise generated more than $1.36 million from 392 investors in additional crowdfunding, adding to its record breaking $2.7 raised March 2023 raise.
It also follows one month behind the announced voluntary administration of fellow Australian spirits business Top Shelf International in August this year.
“We have taken control of…
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For more than a year, the Canada Revenue Agency has failed to help a survivor of human trafficking working to take her life back.
Cassandra Harvey has been left struggling financially to support her two young daughters and rebuild her life after experiencing devastating trauma at the hands of numerous traffickers who racked up more than $60,000 of debt in her name. This included fraudulent benefit claims, payday loans and credit card debt.
While she is free from the clutches of her predators, she still feels trapped.
“I can’t get ahead because of the fact that I’m stuck,” she shares. “All of the money I have just goes to surviving.”
Increasingly, financial institutions are starting to…