Award-winning Aussie beer brand Golden West Brewing Co has collapsed and gone into voluntary administration. The brewer’s entire workforce was let go mid-shift last Wednesday, with administrators only keeping on the brew team to finish processing beer already in tanks to be packaged and sold. Golden West was originally established in 2021 as Modular Brewing…
Stevens Construction, a New South Wales company that has completed hundreds of millions of dollars worth of building projects, has gone into voluntary administration. The Central Coast-based firm called in Jonathon Keenan, Andrew Cummins and Peter Krejci from BRI Ferrier as administrators on Monday morning, who are now looking at whether to restructure or sell…
The Australian rugby community was left stunned in January, when the melbourne Rebels entered voluntary administration, weeks before the start of the Super Rugby Season. The Rebels had been in trouble for some time, but things seemingly came to a head in January 2024, when the team’s ever-increasing debt became untenable. Despite fielding an impressive…
Lotus Beer Co, the Geelong craft beer company behind Valhalla Taproom and Valhalla Brewhall, has entered voluntary administration. Company founder Scott Hunt said skyrocketing operational costs and a dramatic down-tick in demand were behind the move. Scott Andersen and Matthew Kucianski from insolvency firm Worrells were appointed as the administrators on Monday. Know the news…
By FREDDY PAWLE FOR DAILY MAIL AUSTRALIA Published: 21:45 AEDT, 20 June 2024 | Updated: 21:50 AEDT, 20 June 2024 A much loved
APP founders Brendan McKeegan and Phil McFarlane. Photo: Food Frontier ISOLATES manufacturer Australian Plant Proteins has entered voluntary administration, with hopes that a buyer or investor can step in to continue operations. Founded in 2016 by Brendan McKeegan and Phil McFarlane, APP employs more than 30 people at two Victorian locations, a research-and-development site at…
Godfreys Group today announced it will commence “a progressive wind-down of operations” in Australia and New Zealand after administrators were unable to find a new buyer. In a statement, administrators from PwC said that “after conducting a comprehensive process to identify a purchaser for the business” there were “no viable offers to take the business…
An iconic Australian linen retailer has collapsed after almost 40 years. Lorraine Lea Linen entered voluntary administration on Monday, appointing Andrew Yeo and Tim Bradd of insolvency firm Pitcher Partners melbourne as administrators. “Lorraine Lea Linen is an iconic National brand that many Australians have in their homes,” Yeo told 7NEWS.com.au. Know the news with…
Worrells perth principal Mervin Kitay. A judge of the Supreme Court of Western Australia yesterday delivered a useful decision in respect of questions of indemnification and priority against assets when a voluntary administrator is appointed to a legal partnership. In this case Worrells Perth principal Mervin Kitay had been appointed administrator of Dwyers Legal Pty…
Rex flights between Hobart and melbourne have been indefinitely cancelled as the airline grounds its entire Boeing 737 fleet and enters voluntary administration. This decision follows the company’s halt in bookings for the route on Tuesday afternoon and the suspension of share trading yesterday. Passengers booked to travel between the two cities and other Australian…