But six years after bursting onto the scene, Fairfax Media can reveal that parts of the Spartan empire are in financial strife. While the Spartan group is mulling a listing on the Australian Securities Exchange, the companys wholesale arm is beset with debts. Spartan group company SSG Wholesale (Australia) – known as Spartan Sporting Goods…
On Wednesday, Parliaments trade and industry committee adopted the controversial Debt Relief Bill, which is intended to help the heavily indebted. The proposed amendments to the National Credit Amendment Bill strongly opposed by the banking industry and the DA will now go to the National Assembly for adoption. The bill was proposed and developed by…
A FLIGHT school with a base at Leeds Bradford Airport has gone into voluntary liquidation. Just two years ago PTT Aviation outlined its plans to become the premier pilot training and testing facility in the UK – with bases at Leeds Bradford, Newcastle and Durham Tees Valley Airports. At that stage it had a fleet…
NORRISTOWN A Willow Grove woman must serve probation and share in the payment of a hefty restitution bill after she admitted to her role in a scheme with her husband to steal more than $785,000 from her Upper Moreland employer to pay for her husbands gambling debts. Rebecca Lyn Rimer, 42, of the 400 block…
1 Defects and recladding claims worth $4 million in a second apartment project have been frozen after Melbourne builder Hickory’s subsidiary was placed into voluntary administration. Owners of 105 apartments in the Anstey Square development in the inner northern suburb of Brunswick had commenced proceedings in the Victorian Civil and Administrative Tribunal seeking the rectification of defects…
5 September 2018 Victorian boat builder bought out of liquidation by previous owners. Victorian boat builder Evolution Boats says it is business as usual after its parent company, PM Marine Manufacturing, was put into liquidation last week. Owner Paul Junginger told Marine Business that prior to PM Marine Manufacturing, of which he was the main…
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Greg Wilford Simon Halabi was once the UKs 14th richest manCHRISTIAN ALMINANA/GETTY IMAGES A former property tycoon who was once one of Britains richest men is a convicted rapist who has hidden his past for two decades, a court was told. Simon Halabi, 60, was the UKs 14th richest man in 2007 with an estimated…