ARYZA appoints experienced insolvency practitioner – Insolvency News Online

Advertorial ARYZAs new head of corporate insolvency, Tom OConnor. Aryza, a leading provider of financial software solutions, announces the appointment of Tom OConnoras its Head of Corporate Insolvency. With an extensive career spanning over a decade in the insolvency sector and a proven track record in product development and client engagement, Tom brings invaluable experience…

Personal insolvencies spike as business failures and economic strain take toll – SmartCompany

Data from the Australian Financial Security Authority (AFSA) has found a significant rise in personal insolvencies for the March 2024 quarter. According to the report, there has been a 19.5% increase compared to the same period last year. Unsurprisingly, economic challenges have been contributing to this rise, including cost of living pressures. However, a large…

Penrith granny flat builder formally enters liquidation The Western Weekender The Western Weekender I Penrith News – The Western Weekender

Cubitt’s in Emu Plains. Share this story Efforts to save long-time Penrith business Cubitts Granny Flats and Home Extensions have failed. After 30 years, the family owned business has been formally placed into liquidation by creditors. As previously reported by the Weekender, the business was placed into voluntary administration in February. There is some bright…

Darlinghurst Theatre Company enters voluntary administration – City Hub

Sydney-based theatre-makers Darlinghurst Theatre Company have announced today that they entered voluntary administration on June 17th.  BRI Ferriers Jonathon Keenan and Peter Krejci have been announced as the Joint & Several Administrators of the theatre company as they seek a means to save or restructure the business. They have asked any parties interested in assisting…

Montessori childcare chain Precious Cargo goes into voluntary administration after 18 years of trading – ABC News

In short: Childcare group Precious Cargo has gone into voluntary administration. Founder and director Cheryl Shigrov says seven operating childcare centres are affected in South Australia. A further four non-trading entities are in liquidation. What’s next? She says the childcare centres will remain operational until a buyer is found. A Montessori childcare chain that has…

Tasmania-based HS Fresh Food enters voluntary administration, sale or restructure likely – Pulse Tasmania

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…

Australian farming business HS Fresh Food enters voluntary administration – FreshPlaza.com

Australian agribusiness HS Fresh Food, known for its fresh salads, ready-made meals, and pre-prepared vegetable products, has entered into voluntary administration, impacting around 500 jobs. The company, which operates under brands such as Houston’s Farm, Sunfresh, and Gourmet Selections, and supplies to major retailers like Coles and Woolworths, appointed FTI Consulting administrators Vaughan Strawbridge, Joanne…