As an insolvency practitioner, navigating those tricky, high risk, cases, can often take a toll on your, and your employees, mental health. By definition, your work requires the ability to balance various duties and handle pressure from concerned creditors, anxious or unhelpful directors, and distressed employees. It can be a distressed and distressing environment in…
The owner of an embattled pool company which has left 50 Victorian families drowning in debt claims “keyboard warriors” were partly to blame for the business’ collapse. Douglas Constable sat down with A Current Affair after Dreamtime Pools and Spas was accused of leaving customers high and dry following its insolvency. Constable said before the…
Dozens of families are in limbo or out of pocket after a Melbourne-based home-builder collapsed. Bentley Homes slid into liquidation on Friday, catapulting customers and creditors into an anxious wait for news. Crouch Amirbeaggi Insolvency Services liquidator Timothy Holden on Monday revealed the company owed an estimated $1.6 million to trade and related-party creditors. Substantial…
Dozens of families are in limbo or out of pocket after a Melbourne-based home-builder collapsed. Bentley Homes slid into liquidation on Friday, catapulting customers and creditors into an anxious wait for news. Crouch Amirbeaggi Insolvency Services liquidator Timothy Holden on Monday revealed the company owed an estimated $1.6 million to trade and related-party creditors. Substantial…
Support will be capped at $50,000 each, meaning some customers of Hallbury Homes will still be out of pocket, having paid deposits valued up to $94,000. Sushant Chakravarty said he and his wife Anamica still faced losing about $25,000 after Hallbury went under and left their lot in Officer empty. Chakravarty was relieved on Saturday…
By Rachel Eddie Updated July 1, 2023 6.31pmfirst published at 6.13pm Hundreds of customers of failed builders who faced losing tens of thousands of dollars will be compensated under a $13 million expansion of a government rescue package triggered by the collapse of Porter Davis. Premier Daniel Andrews in April launched a $15 million package…
Support will be capped at $50,000 each, meaning some customers of Hallbury Homes will still be out of pocket, having paid deposits valued up to $94,000. Sushant Chakravarty said he and his wife Anamica still faced losing about $25,000 after Hallbury went under and left their lot in Officer empty. Chakravarty was relieved on Saturday…
The Insolvency Service Published 29 June 2023 Applies to England, Scotland and Wales Contents Joint introduction from the Chair and Chief Executive Annual plan highlights Our plan for the third year of our agency strategy 1. Strengthen and improve the insolvency framework 2. Strengthen our reputation and impact in investigation and enforcement 3. Sharpen our…
Cervest, a London climate intelligence firm hailed by the Government as one of the UKs 10 most exciting AI firms just three months ago has gone bust with staff left unpaid, the Standard can reveal. All of Cervests more than 100 staff have lost their jobs. Its 71 UK employees havent been paid since April.…
The plan sets out our targets and priorities, which will inform all of our performance objectives for the year 2022 to 2023 Get emails about this page Applies to England, Scotland and Wales Documents The Insolvency Service Annual Plan 2022 to 2023 HTML The Insolvency Service Annual Plan 2022 to 2023 PDF, 7.66 MB, 28…