Stay informed with the latest in insolvency news and industry updates. We can keep you up to date with insolvency and finance information from around the world.
DJK provided transport services locally and interstate. Image: Anna/stock.adobe.com Sydney-based DJK Transport has called time on operations after 57 years
Botswana: Technical Assistance Report-Report on Data Quality Assessment for Public Sector Debt Statistics Mission (May 14–20, 2025) International Monetary Fund Read
Several subsidiaries of the Brabant shoe brand Van Lier have been declared bankrupt and its web shop is offline. The parent company is also reported to have filed for bankruptcy.
No surprise
The webshop of shoe brand Van Lier has been taken offline and several subsidiaries appear to have been declared bankrupt: they are Van Lier b.v., Van Lier Amsterdam b.v. and Van Lier Shoes b.v. According to Emerce, the parent company Van Lier Holding b.v. is not yet bankrupt, but it has filed a bankruptcy petition. The court in…
Melbourne: Cricket Australia (CA) chief executive Todd Greenberg has cautioned that some countries may go bankrupt if they persist in playing Test cricket, adding that he sees a future where fewer nations are featured in the game’s longest format.
As of now, nine teams compete in the World Test Championship (WTC), but a working group was made during the ICC Annual Conference in Singapore to assess if a two-tier Test system is feasible.
“I don’t think there is a right number (of Test-playing nations)… But I think in the future scarcity in Test cricket is our friend, not our foe. What I mean by that is, I don’t think everyone in world cricket needs to aspire to play Test cricket and that might be OK.
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New Delhi [India], August 13 (ANI): Finance Minister Nirmala Sitharaman on Tuesday introduced the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 in the Lok Sabha, aiming to reduce delays and strengthen governance of the insolvency resolution process.
The Bill, which proposes several structural and procedural changes to the Insolvency and Bankruptcy Code (IBC), 2016, was referred to a Select Committee for wider examination.
The proposed amendments in the bill seeks to incorporate new concepts including a Creditor-Initiated Insolvency Resolution Process (CIIRP), enabling provisions and measures to enhance efficiency at both resolution and liquidation stages.
Under the existing law, applications for initiating corporate insolvency…
DJK provided transport services locally and interstate. Image: Anna/stock.adobe.com
Sydney-based DJK Transport has called time on operations after 57 years in business.
According to an ASIC notice, DJK Transport, A K G Trucking and Round Em Up Transport all went into voluntary liquidation on Friday, August 8, after a restructuring practitioner was appointed in June.
All companies had the same director and shareholder, David Kean, and were registered to the same principal place of business in Austral in Sydney’s west.
Big Rigs has attempted to contact Kean for comment.
According to the DJK Transport website, the business has been a “locally-owned and trusted transport service since 1968” and still had its original owner.
KordaMentha allegedly used confidential information it obtained when it was appointed to review a major Melbourne recycling business to pitch the company as an acquisition target for Cleanaway Waste Management.
The claim was made by a rival advisory business PKF, which was appointed liquidators of SKM when it collapsed in 2019. The lawsuit, filed in the Federal Court last week, threatens to drag in Commonwealth Bank, which had appointed KordaMentha for the review, and Cleanaway, which is publicly listed and at the time was run by businessman Vik Bansal.
