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…
Well-known Melbourne homewares company Fenton & Fenton has collapsed and is currently in liquidation after 15 years in business. Founded in 2008 by Lucy Fenton, the company started in a small showroom on the trendy High Street in Prahran. Known for its bright and colourful pieces, it sold products ranging from dcor, various artworks, rugs,…
Sacked staff from a collapsed limo company have been left wondering what went wrong as many of its clients were multi-millionaires and billionaires with no shortage of cash. On Tuesday, news.com.au reported that Brunel Chauffeur Drive and Limousines Pty Ltd and three other related entities had gone into liquidation, with Michael Hogan and Christian Sprowles…
A popular Australian homewares business known for its eclectic selection of personality pieces has collapsed. Melbourne-based Fenton & Fenton has been placed under external administration. WATCH THE VIDEO ABOVE: Adelaide home buyers blindsided by construction company. Looking for a new job or job candidate? Post jobs and search for local talent on 7NEWS Jobs >>…
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…
Fenton & Fenton, a much-loved Australian homewares boutique that garnered a massive following over the years, has collapsed. The once-thriving business in the trendy suburb of Prahran in Melbournes inner southeast has been placed under external administration. The merchants website, now defunct, features a brief statement announcing the liquidation: Fenton & Fenton Pty Ltd (In…
Joestarr Group building firm served with court-imposed liquidation order, leaving 30 homeowners in the lurch in Melbourne Court orders Joestarr Group into liquidation Firm blames pandemic-influenced price rises Latest in long list of building firms to go under By Max Aitchison For Daily Mail Australia Published: 00:40 AEST, 3 August 2023 | Updated: 00:43 AEST,…
MUMBAI: The National Company Law Tribunal (NCLT) Mumbai recently had allowed an application filed by Edelweiss Asset Reconstruction Company Limited and initiated Corporate insolvency proceedings against well known art director Nitin Desais NDs Art World Pvt Ltd over a debt of Rs 252 crore. Edelweiss had filed the company petition last year to initiate Corporate…