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Daily Archives: April 22, 2024

Barbera family firm collapses owing millions to staff, creditors – Bundaberg News Mail

LiquidationBy Insolvency Advisory AccountantsApril 22, 2024

A Bundaberg farming company has gone into liquidation while owing $16 million to creditors, in the latest financial scandal to hit the farming empire. The New South Wales Supreme Court issued a winding up order and appointed a liquidator for Bundaberg Farming Co Pty Ltd on March 6, 2024. Roberto Barbera, a member of the…

Monster company collapses owing $83m – news.com.au

LiquidationBy Insolvency Advisory AccountantsApril 22, 2024

Two companies that made up a major Queensland construction firm have collapsed, leaving nearly 1000 creditors more than $80 million out of pocket. At the end of last month, news.com.au reported that Allroads Pty Ltd had gone into in liquidation owing $24 million to 721 creditors. Another subsidiary of the business, Allroads Plant Pty Ltd,…

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