Regional business collapses into voluntary administration and says the federal government is partly to blame – SmartCompany.com.au

Liquidation

A biodiesel plant listed on the Australian Securities Exchange says the federal government is partly to blame for it collapsing into voluntary administration. Australian Renewable Fuels Limited, based in Barnawartha in north-east Victoria, appointed voluntary administrators on Thursday. Melissa Humann, David McEvoy and Nicholas Martin from PPB advisory are now managing the companys assets. A…

Seven GNC LiveWell stores close as voluntary administration continues – SmartCompany.com.au

Liquidation

Seven GNC LiveWell stores have closed down less than two months after the Australian operations of the global brand were placed in voluntary administration. GNC LiveWell stores at Melbourne Central, Westfield Geelong, Chadstone Shopping Centre, Knox Shopping Centre and Watergardens Town Centre in Victoria have ceased trading, according to a statement on the vitamin retailers…

Seven GNC LiveWell stores close as voluntary administration continues – SmartCompany.com.au

Liquidation

Seven GNC LiveWell stores have closed down less than two months after the Australian operations of the global brand were placed in voluntary administration. GNC LiveWell stores at Melbourne Central, Westfield Geelong, Chadstone Shopping Centre, Knox Shopping Centre and Watergardens Town Centre in Victoria have ceased trading, according to a statement on the vitamin retailers…

Improving bankruptcy and insolvency regimes:: – Invest in Australia

Liquidation

The Insolvency Law Reform Bill, which enhances protections for creditors and improves the efficiency of companies being wound up, has passed the House of Representatives today, Minister for Small Business and Assistant Treasurer the Hon Kelly ODwyer said. This legislation supports the Governments commitment to modernise Australia’s insolvency and corporate reorganisation framework, Minister ODwyer said.…

Comdisco Announces Fiscal Year 2016 First Quarter Financial Results – Business Wire (press release)

Liquidation

ROSEMONT, Ill.–(BUSINESS WIRE)–Comdisco Holding Company, Inc. (OTCQB: CDCO) and (OTCQB: CDCOR) (Comdisco) today reported financial results for its fiscal first quarter ended December 31, 2015. Comdisco emerged from Chapter 11 bankruptcy proceedings on August 12, 2002. Under Comdiscos First Amended Joint Plan of Reorganization (the Plan), Comdisco was charged with, and has been, liquidating its…

Five more Laura Ashley stores to close as voluntary administration continues – SmartCompany.com.au

Liquidation

Five Laura Ashley stores in Victoria and New South Wales will close and 25 employees will lose their jobs, as the voluntary administration of the Australian retail chain continues. FTI Consulting, which was appointed to manage the voluntary administration of the company on January 7, said yesterday the closures are part of an ongoing restructure…

Training provider collapses into voluntary administration as concerns over vocational education system grow – SmartCompany.com.au

Liquidation

Several large vocational education and training providers have collapsed into voluntary administration after their parent company appointed external administrators earlier this week. Global Intellectual Holdings Pty Ltd entered voluntary administration on Tuesday, with Richard Albarran, Blair Pleash and Shahin Hussain from Hall and Chadwick appointed as external managers. Global Intellectual Holdings is the company behind…

Thousands of students caught up in major college collapse – Sydney Morning Herald

Liquidation

Thousands of students of at least four colleges have been left in limbo with huge debts following the collapse of one of the country’s largest vocational education companies. At least 500 administration and teaching staff have also been affected by the collapse. Aspire College of Education, The Design Works College of Design, RTO Services Group and…