Karlayura Contracting administrators given more time to pursue restructuring – The West Australian

Restructuring

Administrators of Karlayura Contracting have been given more time to resurrect the Indigenous-owned business, which was working with BHP and Gina Rineharts Roy Hill Mining when it went under last month. Creditors on Tuesday voted to adjourn a decision on the business to enable administrators from WA Insolvency Solutions to pursue a possible restructuring and…

Fitness company Corporate Fighter collapses into receivership, all staff terminated – Adelaide Advertiser

Bankruptcy

An Australian fitness empire has officially collapsed and all staff have been terminated while customers have been left wondering what happened to all their money. Earlier this month, news.com.au reported that a national boxing fight night program, Corporate Fighter, had ceased operations and let go of all its workers. Headquartered in Sydneys Surry Hills, Corporate…