Photo Credit: First solar car Lightyear 0, Lightyear Lightyears subsidiary, Atlas Technologies B.V., was declared bankrupt Thursday morning. There is a good chance that employees will end up on the streets. Lightyear announced this Thursday afternoon. The company decided Monday morning to stop production of its first solar car, Lightyear 0, and filed for a…
Queensland brewing company Ballistic Beer Co has been put on ice as it enters voluntary administration. The beloved brewers dont plan on closing their doors for long, hoping a major restructure will help better the balance sheet. WATCH THE VIDEO ABOVE: New push for sugar tax for soft drink addicted Australians. For more Drink related…
Katie Price has opened up about the challenges she faces ahead of her bankruptcy hearing and has realised who her “real friends are” during her time of need. The mum-of-five, 44, is set to face a judge over her 3.2million bankruptcy debts next month after her previous appearance was cancelled in June. She was declared…
A popular Queensland independent craft beer brewery company has collapsed and gone into voluntary administration. Brisbane-based Ballistic Beer Company entered voluntary administration on January 24, financial watchdog ASIC records confirmed. Jason Stone and Paul Allen from the accounting firm PKF in Brisbane have been appointed as administrators. READ MORE: ‘Disgraceful’: ‘Shonky’ car park ‘fines’ lashed…
Its been a real tough month for the few but extremely innovative solar EV companies out here. Having just announced a shifting of its business strategy and a request to suspend all payments to its operating company, Lightyear has officially declared bankruptcy. Sono Motors flagship solar EV, the Sion, is staring down a similar barrel,…