Brisbane agency Wonderkarma in liquidation

Creative agency Wonderkarma, with offices in Brisbane and Vanuatu, has gone into liquidation. Declan Lane and Simon Cathro of Cathro and Partners have been appointed liquidators, according to documents lodged with corporate regulator ASIC.  A meeting of shareholders approved the voluntary winding up January 31. Clients include Aurizon, Australia’s largest rail freight operator, and the…

Jeanswest Is The Latest Victim Of The Black Plague Also Known As Voluntary Administration

Aussie denim giant Jeanswest has fallen into voluntary administration, the brand announced on Wednesday afternoon. It comes as retail company Harris Scarfe closes 21 stores across the country and women’s fashion brand Bardot goes into voluntary administration. Christ. Not to mention, EB Games is also closing down 19 “unprofitable” stores at the end of January. [jwplayer hQMXSVxn] Jeanswest…

Brisbane restaurant liquidated after owners get ASIC black mark

A popular inner brisbane restaurant has entered liquidation after its two owners were disqualified from running companies by ASIC over their other failed companies. The federal court ordered Italian eatery Eterna to enter liquidation last week after the Australian Taxation Office applied to wind up the company. Professional services firm Vincents’ restructuring and recovery director…