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Administrators were first appointed on May 29, 2025, with a first meeting with creditors taking place on June 11. Image: Mark’s Linehaul
Forty-three trucks and trailers have been put up for sale, as yet another transport business enters administration.
According to the Australian Securities and Investments Commission (ASIC), Mark’s Linehaul Pty Ltd, formerly known as MFD Linehaul Pty Ltd, has been placed into voluntary administration.
Administrators were first appointed on May 29, 2025, with a first meeting with creditors taking place on June 11.
Jirsch Sutherland was appointed as liquidator, and under its instruction, Mark’s Linehaul’s fleet of 43 prime movers and…
(InvestigateTV) — From credit card balances to daily expenses, millions of Americans are struggling to stay ahead off their debt.
But Matt Schulz, chief consumer finance analyst with LendingTree, said it’s never too late to take action.
He said one strategy worth considering is debt consolidation.
“Debt consolidation can be a really big deal because not only can it streamline things for you, making it to where you only have to make one payment instead of several each month,” Schultz noted. “It can also really save you a significant amount of interest and even really shorten the amount of time it takes to really pay off that debt.”
He said consolidation can make sense for those able to qualify for a lower interest rate than what…
Skydive Buzz, based in Dunkeswell Aerodome, said it made the “difficult decision” to cease operations and place the company into compulsory liquidation.
Skydive instructor Adam Harrison and Belinda Taylor from Totnes died after their parachute failed to open during the tandem dive on June 13.
A statement on company website said: “It is proposed that the company be placed into compulsory liquidation in due course.
“The Official Receiver should be in contact with creditors and customers to provide an update regarding the closure of the company and the proposed liquidation proceedings.”
In a social media post, Dunkeswell Aerodome said: “We would like to thank our staff, customers and all involved with Sky Dive Buzz…
The business had a number of assets at the date of liquidation, including $2215 in cash, as well as several fixed/intangible assets, although it was too early to determine the value of these.
Liquidators determined the business had five security interests registered against it and are currently evaluating preferential creditor claims, including unpaid wages and holiday pay.
As of July 22, liquidators have confirmed $84,328 is owed to Inland Revenue for GST payments, with other amounts still to be determined.
As for unsecured creditors, $648,161 is owed to directors of the business, with trade creditors owed $129,806. A further $225,701 is listed under a shareholder’s current account.
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How did Anil Ambani’s telecom company go bankrupt, once used to challenge Airtel, Idea, launched Rs 500 phone to….
Anil Ambani’s Reliance Infocomm revolutionized the telecom market by offering CDMA mobile phones for Rs 501 in 2003.
Anil Ambani (File)
Several companies of Anil Ambani were raided by the Enforcement Directorate under the Prevention of Money Laundering Act (PMLA), leading to several stories about Anil Ambani’s legacy. Anil Ambani’s…
Skydive Buzz, based in Dunkeswell Aerodome, said it made the “difficult decision” to cease operations and place the company into compulsory liquidation.
Skydive instructor Adam Harrison and Belinda Taylor from Totnes died after their parachute failed to open during the tandem dive on June 13.
A statement on company website said: “It is proposed that the company be placed into compulsory liquidation in due course.
“The Official Receiver should be in contact with creditors and customers to provide an update regarding the closure of the company and the proposed liquidation proceedings.”
In a social media post, Dunkeswell Aerodome said: “We would like to thank our staff, customers and all involved with Sky Dive Buzz…
“RCOM is undergoing Corporate Insolvency Resolution Process as per the Insolvency and Bankruptcy Code, 2016, since over six years,” Reliance Infrastructure said. File
| Photo Credit: Reuters
Reliance Group firms Reliance Infrastructure (RInfra) and Reliance Power (RPower) on Sunday (July 27, 2025) said the Enforcement Directorate (ED) had concluded searches on their premises and that the companies would continue to cooperate with the agency.
Both the Anil Ambani-led group’s companies said they, including their officials, would continue to fully cooperate with the ED. They said that the said action had no impact on their business…
(InvestigateTV) — From credit card balances to daily expenses, millions of Americans are struggling to stay ahead off their debt.
But Matt Schulz, chief consumer finance analyst with LendingTree, said it’s never too late to take action.
He said one strategy worth considering is debt consolidation.
“Debt consolidation can be a really big deal because not only can it streamline things for you, making it to where you only have to make one payment instead of several each month,” Schultz noted. “It can also really save you a significant amount of interest and even really shorten the amount of time it takes to really pay off that debt.”
He said consolidation can make sense for those able to qualify for a lower interest rate than what…
People have been left confused after realising you can donate to bring down the cost of America’s national debt.
Although the concept has been around for a while, people are just finding out that the Treasury Department is accepting donations – via PayPal and Venmo – to chip away at the national debt, which currently stands at $36.7 trillion.
NPR’s Jack Corbett shared a screengrab on X earlier this week, explaining: “You can venmo the United States to help pay off the national debt.”
And people have been left baffled, with many not realising the system existed.
Those who fancy donating simply head to pay.gov where donations can be made via credit card, debit card, PayPal, checking account or savings account. You can also write a cheque via…
