History: Muradel refocuses biofuel venture Adelaide scientists on the cup of biofuel breakthrough A regional energy start-up, which attracted millions from the Federal Government and was supported by local and interstate universities in its quest to develop a new industry creating hundreds of jobs, has been placed in voluntary administration. Whyalla-based Muradel, which described itself…
In a new twist to the Reliance Communication (RCom) bankruptcy case, an appellate tribunal has said if insolvency proceedings are revived against the beleaguered telco firm, then Ericsson will have to pay back a large settlement amount it has received earlier. This observation was made by a two-judge bench, headed by Justice SJ Mukhopadhaya, of…
Crikey readers discuss solutions to political advertising and what insolvency firms mean for our economic health. (Image: AAP/Darren England) Yesterday we asked readers for suggestions of what could be done about political advertising in Australia (which Bernard Keane says is as much a scam to benefit political parties advertiser mates as anything else). Unsurprisingly, readers…
More than 100 SA employees affected by the collapse of menswear chain Ed Harry will be paid their entitlements in full, but a far lower dividend is expected for unsecured creditors owed close to $12 million. Following a clearance sale of stock across the country, administrator KPMG closed the doors to the final few stores…
History: Muradel refocuses biofuel venture Adelaide scientists on the cup of biofuel breakthrough A regional energy start-up, which attracted millions from the Federal Government and was supported by local and interstate universities in its quest to develop a new industry creating hundreds of jobs, has been placed in voluntary administration. Whyalla-based Muradel, which described itself…
In a press briefing on Tuesday, the Independent Electoral Commission of SA (IEC) announced they had dismissed nearly all the objections they had received against the candidates nominated by political parties contesting this years elections. Only one objection was upheld, which came from the PAC against its own candidate,Alton Mphethi, due to a criminal conviction,…
Dear Sir/Madam, Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, kindly note that the fourth meeting of CoC of Kwality Limited was convened and conducted as per the provisions of the Insolvency and Bankruptcy Code, 2016 (Code) on 8th April, 2019 at 03:00 PM at The Claridges, Viceroy…
At the second meeting of creditors of Napoleon Perdis Cosmetics Pty Limited, creditors yesterday voted to support the Deed of Company Arrangement (DOCA) proposed by Henry Lee and Livia Wang of KUBA Investments Pty Ltd. Wang has a strong retail and e-commerce background as the Managing Director of Access Brand Management, a company which represents…
Im an American college student in my twenties, which means three things for certain. One: I am helplessly addicted to my phone. Two: I am embarrassingly bad at writing in cursive. Three: I have watched entirely too much of The Office. The Office is a great show, and like many other sitcoms, it has a…
Image copyright Getty Images Image caption StepChange Scotland is calling for more work to be done to encourage people with money problems to seek help earlier Nearly 700,000 people in Scotland have problem debts or are at risk of having them, a charity report has warned. Debt advisory charity StepChange Scotland, which helped 30,000 people…