gold coast construction company Pivotal Homes, which has built more than 1,500 homes during its 15 years of operation, has been placed into liquidation. Key points: Pivotal Homes was placed into liquidation on Thursday afternoon Its director says rising costs have made operations unviable The company employees 16 staff on the Gold Coast “Unfortunately, the rising costs which…
The company formerly behind The brisbane Hotel has been placed into administration, leaving in its wake debts worth hundreds of thousands of dollars. Prominent hospitality operator Geoff Hayward cited high rents and a soft economy for entertainment venues on the Brisbane’s trading losses for Capital Management over the past two years. Poor trading for the…
MATISSE, the beach club which tried to add some glamour to Scarborough, has gone into voluntary administration. The beachfront venue’s sole director, Sean Reid, called in administrators Rob Kirman and Rob Brauer from restructuring and insolvency firm McGrathNicol’s local office on Friday. Camera IconMatisse Beach Club in Scarborough posted on Instagram by user: @jorjamei Credit:…
D.I.M Furniture went into administration this week, the latest in a string of companies to be liquidated by melbourne’s Dimarelos family. Glenn Crisp and Malcolm Howell of Jirsch Sutherland were appointed as administrators of D.I.M Furniture, which was owned by Paul Dimarelos, on October 15, 2014. Crisp declined to comment to SmartCompany but Jirsch Sutherland’s…
In a desperate bid for survival amid crippling debt, the melbourne Rebels have entered voluntary administration, according to the sydney Morning Herald. It is believed the Super Rugby club owe in the region of $9 million and have brought in Wexted Advisors to try and alleviate their insolvency problems. Related: Fundraiser started for World Cup-winning…
– Advertisement – melbourne, FL, June 29, 2023 – In a troubling development, Melbourne-based company Property Registration Champions (Prochamps), once a front-runner in the field of technology-driven property registration and compliance, has announced that it is filing as an assignee for the benefit of creditors, also known as an ABC. This drastic measure underscores the…
The company that leased an iconic homestead southwest of melbourne has collapsed, leaving locals concerned about the heritage-listed property and at least one bride-to-be having to scramble to find a new wedding venue. Cumming Enterprises Melbourne, which leased the Point Cook Homestead from Parks Victoria, entered voluntary liquidation on July 7. The business facilitated…
THE company formerly behind The brisbane Hotel has been placed under voluntary administration, leaving in its wake debts worth hundreds of thousands of dollars. Prominent hospitality operator Geoff Hayward cited high rents and a soft economy for entertainment venues on the Brisbane’s trading losses for Capital Management over the past two years. Poor trading for…
By Violet Li Affected families by the collapse of the Victorian builder Montego Homes are reeling from losing their deposits and their dream houses in the Casey South region. South melbourne builder Montego Homes went into voluntary administration in January, with Sam Kaso and Shaun Matthews of insolvency service Cor Cordis appointed as administrators to…
melbourne digital printer Retail Communications has closed its doors and gone into liquidation, leaving behind a debt of $1.7 million. About 15 staff members have lost their jobs. A notice published on the ASIC site says: “A general meeting of the members of the Company held on 25 September…resolved that the company be wound up and…