APP founders Brendan McKeegan and Phil McFarlane. Photo: Food Frontier ISOLATES manufacturer Australian Plant Proteins has entered voluntary administration, with hopes that a buyer or investor can step in to continue operations. Founded in 2016 by Brendan McKeegan and Phil McFarlane, APP employs more than 30 people at two Victorian locations, a research-and-development site at…
The business’s website is down but archived pages include a blog post from February that said the business had hired extra support staff and started up its own team of bricklayers to tackle its workload. “With supply chain issues and border restrictions, it’s fair to say WA builder’s have had to adapt (or bust)!,” it…
Godfreys Group today announced it will commence “a progressive wind-down of operations” in Australia and New Zealand after administrators were unable to find a new buyer. In a statement, administrators from PwC said that “after conducting a comprehensive process to identify a purchaser for the business” there were “no viable offers to take the business…
A sydney franchise of UFC Gym Australia has collapsed into liquidation, owing $1.2million. UFC Macarthur Square, based in Sydney’s south-west, went into liquidation a month ago, with all employees sacked a few days later. It comes after the parent companies behind the UFC Gym Australia brand collapsed in May, following a damning court judgement which ordered…
An iconic Australian linen retailer has collapsed after almost 40 years. Lorraine Lea Linen entered voluntary administration on Monday, appointing Andrew Yeo and Tim Bradd of insolvency firm Pitcher Partners melbourne as administrators. “Lorraine Lea Linen is an iconic National brand that many Australians have in their homes,” Yeo told 7NEWS.com.au. Know the news with…
This week, melbourne’s Burnley Brewing has announced that it has entered into liquidation, marking a continuation of a now well-established trend that has seen more than 20 breweries enter into either voluntary administration or liquidation over the past year alone. According to an update published to ASIC, “notice is given that at a general meeting…
Worrells perth principal Mervin Kitay. A judge of the Supreme Court of Western Australia yesterday delivered a useful decision in respect of questions of indemnification and priority against assets when a voluntary administrator is appointed to a legal partnership. In this case Worrells Perth principal Mervin Kitay had been appointed administrator of Dwyers Legal Pty…
Former top perth insolvency accountant Oren Zohar is at the messy end of a $2 million-plus clean-up after the sale of swish home renovator Joyce Kitchens. Mr Zohar, a WA pioneer of KordaMentha two decades ago, has put the former Joyce factory, retail and renovation companies into liquidation after selling the retail operations of the…
Rex flights between Hobart and melbourne have been indefinitely cancelled as the airline grounds its entire Boeing 737 fleet and enters voluntary administration. This decision follows the company’s halt in bookings for the route on Tuesday afternoon and the suspension of share trading yesterday. Passengers booked to travel between the two cities and other Australian…
GigSuper Holdings now in liquidation Had partnership with defunct Deliveroo READ MORE: