The jobs of around 160 workers are uncertain after an Adelaide plastics manufacturer and supplier of wheelie bins to councils entered voluntary administration after 30 years of trading. Bins made by Trident Plastics on Adelaide streets. Photo: City of Charles Sturt. St Clair-based Trident Plastics cited manufacturing and supply chain challenges, the impact of COVID-19…
Posted on: June 28, 2023, 06:31h. Last updated on: June 28, 2023, 08:54h. Corey Levitan Read More Former NFL and reality TV star Kroy Biermann is being sued for $52.5K in gambling debt he allegedly accrued at the Baha Mar Casino in the Bahamas. Former NFL star Kroy Biermann hits the slots with his wife,…
Residential construction companies in Australia have been toppling like dominoes, and this has left many depositors in a very difficult financial position. Like an uncontrolled demolition, construction companies have been collapsing at a rate that has not been seen for almost a decade. As of late June 2023, ASIC data shows that 2023 construction companies…
A family of Aussie bricklayers has lost more than $100,000 as the builders they work for keep going bust, leaving them unpaid and out of pocket for all their backbreaking labour. The Melbourne family-run business is fuming as just on Friday, Red Bluff Homes went into liquidation. Red Bluffs collapse has left 21 projects at…
Bankrupt FTX starts talks to REVIVE its defunct crypto exchange – even as it tries to claw back billions to repay clients who lost their deposits FTX CEO John Ray is exploring the move as he tries to make creditors whole Reopening the exchange could generate profits to pay back depositors FTX collapsed in November…
New South Wales Parliament has been told the founder of a collapsed Australian waste operator came from “nowhere” to “dubiously dupe” a council into a contract worth millions of dollars. Key points: Kiama MP Gareth Ward has used parliamentary privilege to accuse Bioelektra Australia and its founder of ripping off Shoalhaven council The waste operator was placed…
A total of 31,140 individuals aged 35 and below have been officially registered as bankrupts between 2014 and May 2023, as per the Malaysian Insolvency Department (MDI) records, according to Deputy Minister in the Prime Ministers Department (Legal and Institutional Reform) Ramkarpal Singh. Taking note of this concerning situation, he said the government has taken…
What could possibly happen when your marriage ends in shreds and youve accused your estranged wife of having a gambling addiction? Kroy Biermann is someone who knows the answer to that very interesting question. Kroy and Kim Zolciak are going through it. The money ran out and the love went with it. For months theyve…
The online gaming industry has been growing rapidly in India, with a reported net worth of 280 crore in 2022. And it is expected to nearly double by 500 crore by 2025! So have the online gamers-turned-gamblers. Currently with 45 crore online gamers, the industry is projected to see the number cross 50 crore over…
The International Insolvency Institute draws its membership from the most senior and respected insolvency practitioners, judges, and academics. Ramesh was a member of the organisation since 2006 and served as one of the institutes vice presidents until his appointment as its president. He will be succeeding outgoing president John Martin, a Norton Rose Fulbright partner…