Rex passengers facing flight switches after the regional airline went into voluntary administration are urged to not try to organise their new trips at the airport. The company confirmed the news in a statement on Tuesday night,ļ»æ following mounting speculation after it suspended share trading on the ASX on Monday. Flights between major airports have…
Image: ASDF/Adobe.Stock Ken Whittingham and Mark Robinson of Fort Restructuring have secured the sale of pioneering plant-based food producer Fenn Foods major assets, days after the Sunshine Coast company entered liquidation. gold coast-based Smart Foods have entered an agreement to purchase plant and equipment, stock, vEEF and LOVE BUDS brand names, registered IPs,…
Darlinghurst Theatre Company (DTC) announced last week that it was entering into voluntary administration. The sydney staple, affectionately nicknamed the āDarloā, has been housed in the Eternity Playhouse since 2013. Jonathon Keenan and Peter Krejci of BRI Ferrier have been appointed Joint and Several Administrators of the Company and have halted all trading and events.…
Dozens of Australian families have been affected by the sudden collapse of yet another space camp tour company, leaving parents up to $13,000 out of pocket. This time, students from melbourneās Korowa Anglican Girlsā School have been impacted by the collapse of space camp provider Actura Australia going into liquidation* on June 14. The 16…
There is uncertainty about the future of Rex ā Australiaās third-largest airline ā after it entered voluntary administration and grounded all of its flights between capital cities. The Albanese government held crisis talks with Rex on Tuesday and appeared willing to step in to save parts of the airlineās operations. While Rex jet services between…
A Lamborghini-driving, globetrotting playboy’s construction company has gone under months after being deregistered. FTD Construction, which also stands for Fulfil The Dream, was placed into liquidation on Monday. Its perth-based sole director and chief executive Ricky Hirsch, 37, is fond of posting social media images of himself either jet-setting overseas to luxury resorts, or sitting…
Hundreds of families across Australia are facing uncertainty after a company that stores umbilical cord blood went into liquidation. Brisbane-based Stemlife had more than 2,000 samples stored in its facility when it appointed liquidators BRI Ferrier early last month. Cord blood contains stem cells that can be used in the treatment of some diseases. Adelaide…
Rex flights between major cities, including the gold coast have been grounded after the airline was placed into voluntary administration. Shares in the airline were placed in a trading halt on Monday as speculation mounted that the airline was in trouble. Rex confirmed on Tuesday night that it had called in Ernst and Young as…
Freeman Freighters ā another road transport company no longer operational. Photo: Facebook Western sydney transport company winds up and in the hands of Sydney liquidators BRI Ferrier Ā Freeman Freighters, founded in 1988 and based at Glendenning, NSW, has joined the list of road transport companies to close its doors. At a general…