The global first of $5 a litre raw milk has not been the innovation goldmine the founders of diary tech startup Made by Cow had hoped, with the business placed in voluntary administration last week and closing its doors. The Sydney startup developed a patented method to treat milk so it was safe to drink…
The term fugitive has been made popular by the media. A bank or financial institution declares someone bankrupt when they are unable to repay the amount borrowed as a loan for a long time. While we all love to stay updated with the latest happenings around the world, it sometimes happens that we are not…
Business advisory firm FRP has announced a dozen partner promotions across its UK services. The move comes as part of 73 promotions across FRPs corporate finance, restructuring advisory, financial advisory, forensic services and business development teams, as well as support functions including IT and HR. With more than 570 staff, FRP is a specialist consulting…
May 30, 2023 2.09pm The founder of streaming business SportsFlick has been bankrupted for failing to pay baby formula manufacturer Care A2 Plus nearly $2 million. Earlier this year Care A2 Plus, which is working towards a possible ASX compliance listing, lodged a creditors petition in the Federal Circuit Court alleging Dylan Azzopardi owed it…
A prominent residential building company in Western Australia has gone bust. On Monday, the Slatter Group WA Pty Ltd, trading as the Slatter Group, appointed liquidators to wind up the company. Samuel John Freeman and Clare Anne Baily of big four accounting firm Ernst & Young (EY) are the joint liquidators of the operation. The…
Court adjourns insolvency bid against India’s SpiceJet 29.05.2023 – 06:09 UTC India’s National Company Law Tribunal (NCLT) has again adjourned an insolvency application lodged by Aircastle against SpiceJet. On May 25, the Delhi bench of the NCLT deferred the matter of Aircastle (Ireland) Limited vs SpiceJet Limited to June 1. It was the second adjournment…