The company owned by Sydney developer Jean Nassif has gone into administration, weeks after a warrant was issued for his arrest over alleged fraud offences. Key points: Police are seeking to speak with Jean Nassif regarding an alleged fraud His company, Toplace, is one of the largest developers in Sydney Defects have been identified at…
NSW Fair Trading Antony Resnick and Suelen McCallum of DVT Group were appointed voluntary administrators (Administrators) of Toplace Pty Ltd (Toplace) on 7 July 2023. For the duration of the administration, the Administrators have exclusive authority to deal with the property, assets and liabilities of Toplace. NSW Fair Trading understands this event will create uncertainty…
A Police Community Support Officer (PCSO) who financially exploited a vulnerable woman while working for Merseyside Police has been dismissed without notice following a misconduct hearing. The Independent Office for Police Conduct (IOPC) directed an investigation, carried out by Merseyside Police, after concerns were raised. Merseyside investigators found evidence of frequent visits by the PCSO…
Business bankruptcies are surging around the world, in some countries reaching volumes not seen since the aftermath of the 2008 financial crisis. Its likely just the start of a wave of corporate defaults: A decade of cheap money instilled a false sense of invincibility in business executives and private equity managers who forgot that bust normally follows…
Three more Australian building companies have collapsed, entering liquidation or voluntary administration. It is not yet clear how many homes across the country will be impacted. WATCH THE VIDEO ABOVE: Another Victorian building company collapses. Looking for a new job or job candidate? Post jobs and search for local talent on 7NEWS Jobs >> Millbrook…