Top Shelf International Holdings Limited (TSI), an ASX-listed company (ASX: TSI), has announced the appointment of voluntary administrators. Top Shelf International cultivates, distills, and markets premium Australian spirits. According to an ASX announcement released on August 18, 2025, Rob Smith and Matthew Hutton, partners of McGrathNicol, have been appointed as joint and several administrators of Top Shelf International Holdings Limited and its wholly owned subsidiaries, collectively referred to as the TSI Group.

The administrators have taken control of the TSI Group, and their immediate focus will be on maintaining business operations as usual. The administrators plan to explore options for a going concern sale or…

Top Shelf International Holdings Limited (TSI), an ASX-listed company (ASX: TSI), has announced the appointment of voluntary administrators. Top Shelf International cultivates, distills, and markets premium Australian spirits. According to an ASX announcement released on August 18, 2025, Rob Smith and Matthew Hutton, partners of McGrathNicol, have been appointed as joint and several administrators of Top Shelf International Holdings Limited and its wholly owned subsidiaries, collectively referred to as the TSI Group.

The administrators have taken control of the TSI Group, and their immediate focus will be on maintaining business operations as usual. The administrators plan to explore options for a going concern sale or…

Global casino operator Genting Malaysia Bhd, controller of loss-making United States-based casino business Empire Resorts Inc, says the latter is to become “debt-free” via a deal that will see its non-gaming assets sold off for US$525.0-million in cash.

The money raised will enable Empire – an entity wholly owned by Genting Malaysia – to pay off US$300-million in 7.75-percent senior unsecured notes that had been due on November 1, 2026.

“The proceeds from the proposed disposal will enable Empire to fully redeem the Empire bond, resulting in Empire being debt-free,” said Friday’s statement to Bursa Malaysia.

Genting Malaysia added: “This allows Empire to continue its focus on improving operating performance and…

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• EDC Group NE Ltd, UK EDC Ltd and UK TCF Limited have been shut down by the High Court after keeping more than £50,000 in funds they collected on behalf of clients 
• The three companies falsely claimed decades of experience despite being recently established, and used fake testimonials and misleading websites to deceive small businesses into paying upfront fees 
• Clients paid fees of hundreds of pounds but received no service, with the companies becoming uncontactable while bank records showed payments were made to the director, bookmakers and football clubs 

Three connected debt collection companies which kept more than £50,000 in client funds they collected on their behalf have been shut down. 

Sunderland-based EDC Group…

Genting Malaysia has announced plans to sell off a raft of non-gaming assets associated with its Resorts World Catskills (RWC) integrated resort in New York state, and subsequently purchase the land upon which those facilities sit, in a move designed to clear debt and reduce expenses held by its wholly-owned subsidiary Empire Resorts.

In a filing, the Malaysian gaming giant outlined details of the proposal by Empire to sell the 332-room RWC hotel, 99-room Alder Hotel, 18-hole Monster Golf Course, 2,500-seat RWC Epicenter and multiple restaurants to Sullivan County Resort Facilities Local Development Corporation (SCRFLDC) for a cash consideration of…

On Wednesday July 30, Joey Kellock’s Thornbury restaurant 1800 Lasagne entered administration. But, for now, it remains open as usual.

“While we have entered into voluntary administration to restructure the company, we are excited and positive about the future,” the team said in a statement in response to Broadsheet‘s request for comment. “This process is making way for new opportunities and growth. 1800 Lasagne remains committed to its loyal staff and suppliers. It will continue to serve its loving community and show up for local hospitality.”

The High Street restaurant opened in November 2020, five years after Kellock first launched the business as a lasagne delivery service. It began as a side hustle that Kellock operated…