A residential home builder based in Ballarat has recently entered voluntary administration after nearly three decades in the industry. The company, Bond Homes, had a team of 20 full-time staff who have been paid their full entitlements. However, fixed contracts combined with rising materials costs and labor shortages have led to the companys downfall. Bond…
The parent company of embattled health food brand Bounce known for its range of protein balls will have a new home, after it was bought out by another health company. Last month, documents revealed that Natural High Co Pty Ltd which operates Bounce Foods entered administration due to a heavy debt burden. But on August…
The parent company of embattled health food brand Bounce known for its range of protein balls will have a new home, after it was bought out by another health company. Last month, documents revealed that Natural High Co Pty Ltd which operates Bounce Foods entered administration due to a heavy debt burden. But on August…
The parent company of embattled health food brand Bounce known for its range of protein balls will have a new home, after it was bought out by another health company. Last month, documents revealed that Natural High Co Pty Ltd which operates Bounce Foods entered administration due to a heavy debt burden. But on August…
Summary CAIRE, the parent group of Air Antilles, has been placed into liquidation by the Mixed Commercial Court of Pointe–Pitre amidst strikes. The ruling means a court-appointed representative will oversee the company until a buyer is found, with a two-month continuation period granted to Air Antilles and Air Guyane. The decision has been largely welcomed…
Popular Australian protein bar company Bounce Foods has found a new buyer after the company entered voluntary administration last month. Protein fanatics were heartbroken to hear the news that on July 14 administrators were appointed to Natural High Co Pty Ltd trading as Bounce Foods. John McInerney and Philip Campbell-Wilson of Grant Thornton were appointed…
Titanium Security suddenly collapses leaving 2,300 customers in the lurch and 80 staff in jeopardy Titanium Security placed into liquidation Company previously avoided collapse in 2021 By Brett Lackey For Daily Mail Australia Published: 23:07 AEST, 3 August 2023 | Updated: 00:16 AEST, 4 August 2023
Aug 3, 2023 8.00pm The Australian Taxation Office has drastically ramped up Federal Court actions to recover $30 billion in overdue small business tax, which nearly doubled during the pandemic, ending its leniency policy. The Tax Office started 476 wind-up proceedings in the first seven months of 2023, compared with just 14 in the same…
Eclectic Melbourne-based furniture and homewares retailer Fenton & Fenton has gone into liquidation. The companys website is now host to a single page, which reads: Fenton & Fenton Pty Ltd (In Liquidation) is now in Liquidation with Adam Nikitins and Stewart McCallum of EY appointed liquidators. Fenton & Fenton, founded in 2008 by Lucy Fenton,…
Global law firm White & Case is establishing a restructuring and insolvency practice in Australia with the addition of two partners, Timothy Sackar and Jillian McAleese, from Australian firm Clayton Utz. The firm is the latest of several to bolster its insolvency practice in anticipation of rising corporate failures in Australia. Read the full article…