In an announcement that has surprised many in Sydneys independent theatre sector, the Directors of Darlinghurst Theatre Company have resolved to place Darlinghurst Theatre Limited (Company) into Voluntary Administration. Jonathon Keenan and Peter Krejci of BRI Ferrier have been appointed Joint & Several Administrators of the Company. Given the Companys financial position, all trading has been suspended…
A farming business with operations across Australia has entered voluntary administration, putting some 500 jobs at risk. HS Fresh Food, which specialises in fresh salads, ready-made meals, snacks, food-to-go and pre-prepared vegetables products, collapsed on June 14, with FTI Consulting administrators Vaughan Strawbridge, Joanne Dunn and Ben Campbell brought in to restructure the troubled company.…
Darlinghurst Theatre Company has announced via social media and its website that its directors have resolved to place the company into voluntary administration as of 17 June 2024. The company was formed in 1993 by Glenn Terry. Housed in The Eternity Playhouse since 2013 and supported through Arts NSW, the Darlo has been a mainstay…
Tasmanian-headquartered food business HS Fresh Food has been placed into voluntary administration, with a sale or restructure of the business likely. HS is a major supplier of salads and fresh produce to Coles and Woolworths and the parent company behind the brands Houstons Farm, Sunfresh, Gourmet Selections and HS Fresh Farms. Advertisement Administrators from FTI…
Major food company went bust Some 500 jobs are at risk as a result By Duncan Evans For Nca Newswire Published: 11:19 AEST, 18 June 2024 | Updated: 12:50 AEST, 18 June 2024 A farming business with operations across Australia has entered voluntary administration, putting some 500 … Read the full article at: https://www.dailymail.co.uk/news/article-13540639/HS-Fresh-Food-administration.html
Fisker was once seen as a potential challenger to Tesla, however, the company by Danish car designer Henrik Fisker never reached a comparative size and fell far short of (its own) expectations in terms of unit sales. And it had been struggling for a long time: the companys great hope, the Ocean electric SUV, was…
In May 2024, the number of registered company insolvencies in England and Wales was 2,006, 6.4% lower than in April 2024. The worst hit sector was construction, accounting for 18% of company collapses, with 4,401 insolvencies in the 12 months to April 2024, reaching a total of 4,401. There is also a stark reminder that…
On the ropes due to a lack of consumer spending in its international markets, UK-based party goods manufacturer and retailer Wonder Group (formerly Amscan International) is on the verge of entering into administration. According to reporting from Sky News from yesterday, Wonder is preparing to appoint an insolvency advisor to see it through the UKs…
Aaron Salvestrin was once touted as a rising star of the industry. Photo: Sans Pareil. Griffith winemaker Aaron Salvestrin declared himself bankrupt just seven days after the Supreme Court ordered him to pay back several million dollars to creditors, an exclusive Region investigation has revealed. The 29-year-olds winery Sans Pareil Estate went into liquidation in…
A recent court case has demonstrated to trustees the withdrawal and transfer of superannuation benefits prior to declaring bankruptcy will not protect those assets from creditors claims even if they remain within the retirement savings system, according to an SMSF technical specialist. Heffron head of education and content Lyn Formica noted this outcome had occurred…