SME owner opens up after personal training business enters liquidation: For the first time ever I raised the white … – SmartCompany.com.au

Liquidation

A small business owner has opened up about the difficulties of managing cashflow in a growing business, after his personal training company Rapid Personal Training entered liquidation yesterday. Insolvency firm Hogan and Sprowles has been appointed to manage the liquidation of Rapid PT, which employs three full-time staff and 17 contractors, and has seven locations spread across Sydney and…

How director ID numbers and restricted directorships could help stamp out phoenix activity in Australia – SmartCompany.com.au

Liquidation

Helen Anderson, Ian Ramsay, and Jasper Hedges, University of Melbourne, and Michelle Welsh, Monash University To stamp out illegal phoenix activity, directors should be required to have identification numbers. And, if theyve had many corporate failures, they should be classed in a new probationary category, our research shows. These are a few of several measures we have…

Local business notes: Family Christian liquidation includes local store – The State Journal-Register

Liquidation

Tim Landis Business Editor @TimLandisSJR A more-than-two-decade tradition in the Parkway Pointe Shopping Center in Springfield is coming to an end with this week’s liquidation announcement from FAMILY CHRISTIAN STORES. The not-for-profit cited changes in consumer book-buying habits and falling sales in the decision to liquidate the 85-year-old company by closing more than 240…

Haitong Bank Brings Forward Its Global Restructuring Plan – Business Wire (press release)

Liquidation

LISBON, Portugal–(BUSINESS WIRE)–Haitong Bank, 100% wholly owned by Haitong Securities, a company listed in the Shanghai and Hong Kong Stock Exchanges, will initiate a global restructuring plan in the beginning of March 2017, called Haitong Bank 2025. This initiative aims to align the investment Banks positioning with the new trends shaping the sector as well…

Here’s what must be done to detect, disrupt and deter phoenix activity in Australia – The Conversation AU

Liquidation

To stamp out illegal phoenix activity, directors should be required to have identification numbers. And, if theyve had many corporate failures, they should be classed in a new probationary category, our research shows. These are a few of several measures we have designed to detect and pre-emptively disrupt those bent on using company liquidation or…

Blog: The High Court clarifies notice of liquidations – Irish Legal News

Liquidation

The recent judgment in MB Refrigeration and Air-conditioning Limited (in liquidation) v- Allied Irish Bank Plc [2016] has clarified what constitutes notice of the liquidation of a company for creditors and banks alike, write Mark Woodcock (pictured right) and Joanne Cooney (pictured below) of McDowell Purcell.In this case the liquidator sought recovery of money paid out of a companys…