The parent company of embattled health food brand Bounce known for its range of protein balls will have a new home, after it was bought out by another health company. Last month, documents revealed that Natural High Co Pty Ltd which operates Bounce Foods entered administration due to a heavy debt burden. But on August…
A residential home builder based in Ballarat has recently entered voluntary administration after nearly three decades in the industry. The company, Bond Homes, had a team of 20 full-time staff who have been paid their full entitlements. However, fixed contracts combined with rising materials costs and labor shortages have led to the companys downfall. Bond…
Conditions precedent and automatic termination: The Court applies the prevention principle A recent Queensland Supreme Court decision highlights that a party failing to satisfy the conditions precedent for which it is responsible to meet will not be able to take advantage of its default to assert that the contract has ended. Even though the contract…
The parent company of embattled health food brand Bounce known for its range of protein balls will have a new home, after it was bought out by another health company. Last month, documents revealed that Natural High Co Pty Ltd which operates Bounce Foods entered administration due to a heavy debt burden. But on August…
The parent company of embattled health food brand Bounce known for its range of protein balls will have a new home, after it was bought out by another health company. Last month, documents revealed that Natural High Co Pty Ltd which operates Bounce Foods entered administration due to a heavy debt burden. But on August…
Summary CAIRE, the parent group of Air Antilles, has been placed into liquidation by the Mixed Commercial Court of Pointe–Pitre amidst strikes. The ruling means a court-appointed representative will oversee the company until a buyer is found, with a two-month continuation period granted to Air Antilles and Air Guyane. The decision has been largely welcomed…
ASIC has commenced civil penalty proceedings in the Federal Court against Paul Ryan, director of Dixon Advisory & Superannuation Services Pty Limited, for alleged breaches of directors duties. ASIC alleges Mr Ryan breached his duties as a director by his involvement in decisions ASIC alleges were to the advantage of Dixon Advisorys holding company, E&P…
Micromobility.com, home of Helbiz, has submitted a non-binding bid to acquire VanMoof, following news that the Dutch e-bike brand was declared bankrupt last month. Beginning with shared e-scooters in Italy in 2018, today micromobility.com offers e-scooters, e-bikes and e-mopeds on short-term and long-term rentals as well as retail sales. The company said its bid demonstrates, the company’s strong…
Popular Australian protein bar company Bounce Foods has found a new buyer after the company entered voluntary administration last month. Protein fanatics were heartbroken to hear the news that on July 14 administrators were appointed to Natural High Co Pty Ltd trading as Bounce Foods. John McInerney and Philip Campbell-Wilson of Grant Thornton were appointed…
Titanium Security suddenly collapses leaving 2,300 customers in the lurch and 80 staff in jeopardy Titanium Security placed into liquidation Company previously avoided collapse in 2021 By Brett Lackey For Daily Mail Australia Published: 23:07 AEST, 3 August 2023 | Updated: 00:16 AEST, 4 August 2023