Belgian-inspired chocolate cafe chain Oliver Brown is set to emerge from voluntary administration, after creditors of the company voted in favour of a Deed of Company Arrangement put forward by the company’s director. Administrator Timothy Heesh of TPH Insolvency was appointed to the brand’s operating company Doutmost Pty Ltd in early May, casting doubt on…
The business entity controlled by collapsed builder Modco Residential‘s co-founder has fallen into liquidation. Ms Lu Holdings – an entity solely controlled by Modco co-founder Cynthia Lu – was placed into the hands of liquidator Mathieu Tribut from Mackay Goodwin this afternoon. Ms Lu held a stake in Modco Residential alongside her partner Yusuf Khan,…
Alyssa Luc and her partner Xuan Tri Mai are among many Australians who wish they hadn’t rushed into building a home. It was the end of 2020 when the couple purchased a block of land in Catherine Field, a growth area suburb south-west of sydney. Their block cost about $500,000, and they spent another $700,000…
A perth jetski and quad bike dealership has stumbled in liquidation, calling in experts Greg Prout and David Hurt from WA Insolvency Solutions to sift through its affairs. Late last month the Seadoo WA Pty Ltd, trading as Sea-doo Sport and Leisure, made the decision to call in liquidators from WAIS after struggling to get…
By Wayne Robinson | 6 December 2024 sydney-based Blow Up Imaging is in voluntary administration, the directors pulling the plug on their own ability to trade on. The company, with its print facility in Artarmon, celebrated its 30th birthday last year, and is part of the Tricol Group, which is owned by WK Family Investments.…