Corporate regulator ASIC has been appointing liquidators to abandoned companies in recent months to recover more than $400,000 in unpaid employee entitlements. Companies including NISS Technologies, Jovawill Pty Ltd, Ruschi Pty Ltd, Steel Project Services and the Surat Basin Group are now being investigated by liquidators at ASICs behest, amid concern about illegal phoenixing activity.…
THE Government may ban gambling with credit cards, a minister hinted yesterday. Culture Secretary Jeremy Wright said it intends to take action on the back of recommendations from the Gambling Commission on the issue. Getty – Contributor The Government has hinted towards action to clamp down on gambling with credit cards He told MPs he…
Sir Philip Greens Arcadia Group has drafted two restructuring specialists on to its board as it prepares to shut stores and cut pension payments as part of a company-wide overhaul. Jamie Drummond Smith and Peter Bloxham will join the boards of Topshop, Arcadia Group and its parent firm Taveta Investments, according to a corporate announcement…
Spectra began managing Dallas Kay Bailey Hutchison Convention Center at the beginning of April. (Courtesy Spectra) John Page adds oversight of convention centers, sponsorship sales Facility management services firm Spectra has restructured its business, which extends to the departure of John Wentzell, its former president. Wentzell, whose final day at Spectra was March 29, had…
Jamie Drummond-Smith, chairman of finance group Cattles, has been appointed interimchairman of Topshop, Topman, Arcadia Group, and its parent company Taveta. Peter Bloxham, former head of restructuring and insolvency at law firm Freshfields, has been appointed to the same boards as interim non-executive director. Both have been working closely with the boards in an advisory…
THE director of a failed Sunshine Coast shopfitting company will make a settlement offer to creditors next month. The business, KDH Enterprises which operated as KDH Design, went into liquidation in February 2017. It employed 30 staff and had clients throughout Australia and New Zealand such as Jeanswest, Bras N Things, Billabong and Surf Dive…
So you put down a cool $50 in your March Madness pool and confidently selected Duke as your 2019 Mens NCAA Tournament champion. After all, with three top prospects in this years NBA draft, the Blue Devils were as close to a sure thing as possible in the tourney. But thats why they call it…
THE director of a failed Sunshine Coast shopfitting company will make a settlement offer to creditors next month. The business, KDH Enterprises which operated as KDH Design, went into liquidation in February 2017. It employed 30 staff and had clients throughout Australia and New Zealand such as Jeanswest, Bras N Things, Billabong and Surf Dive…