McWilliam’s Wines’ Hanwood Estate vineyard

Tim Mableson is an expert in deal advisory and restructuring, and is the national leader in agriculture and wine sectors for KPMG Australia. He has worked as a voluntary administrator for numerous high-profile wine businesses such as McWilliams Wines, Fox Creek and Salena Estates. Here, he patiently explains the intricacies of voluntary administration to journalist Meg Riley. This article does not seek to provide financial instruction or advice, but merely aims to demystify the process of calling in administrators—what does it mean, what are the possible outcomes, when should you make the call?

Business ownership is a tough gig, whether wine industry or otherwise. With the family…

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy.

To enable cookies, follow the instructions for your browser below.

Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:

1. Open the settings menu by clicking the hamburger menu in the top right

2….

The first report by liquidators Steven Khov and Kieran Jones on June 11 shows the company had no assets at the date of liquidation, and the sole creditor was Inland Revenue, owed $559,739.

Brown has asked the council’s chief executive, Phil Wilson, to look into the situation.

Wilson said yesterday that neither he nor the mayor was aware of the company’s existence or its subsequent liquidation.

Singh told Newsroom the existence of his business interest had been declared to the council, but not its liquidation.

Leoni said today the issue was no minor footnote.

“The liquidation of a company with $560,000 in liabilities under the stewardship of someone…

The former promoters of Bhushan Steel and Power Ltd on Monday urged the Supreme Court to accord an open court hearing to their plea seeking review of the May 2 verdict ordering liquidation of BSPL under the Insolvency and Bankruptcy Code.

The top court had on May set aside the resolution plan submitted by JSW Steel for the BSPL, holding it illegal and in violation of the Insolvency and Bankruptcy Code (IBC).

A bench comprising Justice Bela M Trivedi (since retired) and Justice Satish Chandra Sharma had also ordered the liquidation of BSPL under the IBC.

The former promoters of BSPL were Sanjay Singhal and his family, specifically including his father Brij…

Latest monthly statistics from the Insolvency Service show that business and personal insolvencies increased in Northern Ireland in June 2025.

The data showed that there were 25 business insolvencies registered, 47% higher than in June 2024. The insolvencies comprised of 14 compulsory liquidations, seven CVLs, three CVAs and one administration. There were no receivership appointments.

Personal insolvency data showed that there 167 personal insolvencies in Northern Ireland. This was 33% higher than in June 2024.

There were 124 IVAs, 12 bankruptcies and 31 DROs.

Latest figures from the Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland fell by 4% in June 2024.

The data showed that there were 105 business insolvencies registered in Scotland, 4% lower than the number in June 2024.

The insolvencies comprised of 62 CVLs, 37 compulsory liquidations, five administrations and one CVA.

There were no receivership appointments.

The Supreme Court on Monday upheld an order rejecting the appeals of the BCCI and Byju’s co-founder Riju Raveendran seeking withdrawal of insolvency proceedings against his company.

A bench comprising Justices J B Pardiwala and R Mahadevan dismissed the appeals filed by the Board of Control for Cricket in India (BCCI) and Raveendran challenging the National Company Law Appellate Tribunal (NCLAT) verdict on April 17.

Sharing thoughts on the verdict, the counsel representing Byju’s founders expressed disappointment.

An official statement issued by Byju’s read, “The termination would have benefitted millions of students who are being deprived of BYJU’S learning system, and thousands of employees.”

It added, “We are examining the…

NEW DELHI: The Supreme Court on Monday upheld its earlier order, rejecting appeals by the BCCI and Byju’s co‑founder Riju Raveendran to withdraw insolvency proceedings against Byju’s parent company, Think & Learn. A bench of Justices J.B. Pardiwala and R. Mahadevan dismissed both the BCCI’s and Raveendran’s challenges to the National Company Law Appellate Tribunal’s (NCLAT) April 17 verdict.

Previously, the Bengaluru bench of the National Company Law Tribunal (NCLT) had directed that the parties’ settlement proposal be placed before the newly formed Committee of Creditors (CoC), which includes US‑based Glas Trust, the trustee for Byju’s lenders owed $1.2 billion. The BCCI and Raveendran argued that their…

The Australian government is set to follow through on its election promise to cut student debt, but critics say its real benefit will be far smaller than promised.

In one of the first acts of the new parliament, a bill is expected to be tabled this week by the Labor government enacting the pledge, which has been credited as helping the party win its second term in office.

The bill, expected to pass with support from either the Greens or the Coalition, would see 20 per cent of all outstanding student loans – including the Higher Education Loan Program (HELP), Vocational Education and Training (VET) and apprenticeship debts – wiped automatically by the Australian Taxation Office.

Around three million Australians stand to benefit, with…

As parliament returns for the first time since the federal election, the university sector will be front and centre with the government introducing its student debt relief legislation this week.

The changes come as universities continue to face uncertainty amid a clamp down on international student numbers.

• Guest: Andrew Norton, Professor of Higher Education Policy, Monash University 
• Producer: Max Chalmers