Mark Lloyd (Optic Security Group) Credit: Supplied Optic Security, a trans-Tasman cyber security firm created in 2018 by rolling up existing businesses, has been sold out of voluntary administration. Optic Security Group Ltd was the 100 per cent shareholder of Optic Security Finance Group which in turn owned four New Zealand and two Australian subsidiaries.…
One of Australia’s oldest building companies suddenly collapses with 1,250 jobs up in the air as a $350million deal falls over Merger of Perth-based Clough Group construction company falls through Italian company WeBuild were originally set to acquire Clough in a $350m deal On Monday WeBuild said following discussions they had pulled out of the…
Bank, insurer, lender, broker or adviser done you wrong? Complain to one of the four official financial services complaints services. First published in 2019. Payday lender Moola has gone into liquidation after its parent company, NZ Fintech Group, was placed into receivership. Thomas Rodewald, from Rodewald Consulting, was appointed as receiver of NZ Fintech Group…
Dec 6 (Reuters) – Australia’s Beach Energy Ltd said on Tuesday that the contractor of the Waitsia gas project, Clough Ltd, was placed under voluntary administration. The Western Australia gas project, operated by Beach’s joint venture partner Mitsui & Co Ltd, is due to start exporting gas through the North West Shelf liquefied natural gas…
Future Retail’s structured digital database prior to the corporate insolvency resolution process has not been available for verification for the quarter that ended September due to various reasons, including non-cooperation from erstwhile management and lack of administrative arrangements, the company’s newly-appointed company secretary and compliance officer said in a regulatory filing. The company has now…
A brewing Supreme Court battle over student debt relief could offer the justices their next chance to define which federal policies are vulnerable to legal challenges like the one that killed the Obama administrations landmark power plant emissions rule. In a short order Thursday, the justices granted the Biden administrations request to review a lower…
On the 25th October, the public sector cloud specialist UKCloud was placed into liquidation. UKCloud, also trading as UKCloud Health and UKCloudX, was a British Cloud provider headquartered in Farnborough, United Kingdom, providing specialist cloud-based services to the UK public sector and private sector organisations. In an article posted by ComputerWeekly.com, a Cabinet Office spokesperson…
Future Retail‘s structured digital database prior to the corporate insolvency resolution process has not been available for verification for the quarter that ended September due to various reasons, including non-cooperation from erstwhile management and lack of administrative arrangements, the company’s newly-appointed company secretary and compliance officer said in a regulatory filing. The company has now…
ACCOUNTANCY and business restructuring practice Gildernew & Co says it is increasingly seeing early signs of financial distress in many businesses across the north. The red flag issue was highlighted at the first in a series of business restructuring seminars, where experts from Gildernew – which has offices in Dungannon and Belfast – shared their…
Statement by Rebeca Grynspan, Secretary-General of UNCTAD International Debt Management Conference, thirteenth session Geneva05 December 2022 Good morning. Good morning, everybody. Thank you very much for being here. There is a lot of energy in this room. So, let me greet all the ministers and ambassadors that are here with us. Thank you very much…