About 100 staff have been left without jobs with the collapse of an Adelaide construction company the third South Australian builder to fall into liquidation in a matter of months. Key points: Commercial construction firm Wake Concepts has been placed into liquidation About 100 employees have been given notice of termination It’s the third South Australian…
UK Government records indicate that UK synth manufacturer Modal Electronics has gone into administration. Records on Companies House show that the last time Modal filed accounts was in 2021, and that it was declared insolvent and went into administration on 8 September 2023. From its budget Craft and Skulpt synths through to the high end…
The Parliamentary Joint Committee on Corporations and Financial Services released its Report into Corporate Insolvency in Australia, the first major review of Australia’s corporate insolvency regime since the Harmer Report in 1988. The Report made 28 recommendations in total which can be divided into recommendations that support a comprehensive and independent review encompassing both corporate…
We are all looking for ways to make our money make more money. For most people, when they buy shares in a public listed company or put capital into a private company, they are hoping for a return on their investment. That return generally takes the form of a dividend. If you have been savvy…
More than 20 armed men stormed the head office of a bankrupt oil producer in East Siberia last week in the latest twist in a battle for control over a lucrative export project. Two videos distributed on Russian social media showed a group of armed men allegedly landing at the site by helicopter, searching and…
LONDON, Sept 19 (Reuters) – British minister Michael Gove said on Tuesday the government had been forced to intervene in the day-to-day running of England’s second-largest city, Birmingham, which earlier this month effectively declared bankruptcy. Gove said he would appoint commissioners to take over the running of Birmingham City Council – the largest local authority…
More than 20 armed men stormed the head office of a bankrupt oil producer in East Siberia last week in the latest twist in a battle for control over a lucrative export project. Two videos distributed on Russian social media showed a group of armed men allegedly landing at the site by helicopter, searching and…
London CNN The UK government has moved to take control of the countrys second biggest city, Birmingham, after the local council effectively declared itself bankrupt earlier this month. In a letter to the council Tuesday, the government proposed appointing commissioners to take charge of the daily running of the local authority and to oversee…
More than 20 armed men stormed the head office of a bankrupt oil producer in East Siberia last week in the latest twist in a battle for control over a lucrative export project. Two videos distributed on Russian social media showed a group of armed men allegedly landing at the site by helicopter, searching and…
More than 20 armed men stormed the head office of a bankrupt oil producer in East Siberia last week in the latest twist in a battle for control over a lucrative export project. Two videos distributed on Russian social media showed a group of armed men allegedly landing at the site by helicopter, searching and…