Children’s clothing brand Pumpkin Patch collapses into receivership after finding “no solution” to its multimillion … – SmartCompany.com.au

Liquidation

Embattled childrens retailer Pumpkin Patch has collapsed, with receivers appointed for the company and its subsidiaries yesterday. Last week the business, listed on the New Zealand stock exchange, entered a trading halt while it started conversations with stakeholders about how to proceed with its $NZ46 million ($40.7 million) in debts, with a meeting with its…

Arrium transactions under investigation, administrator KordaMentha says – ABC Online

Liquidation

The administrators of embattled steelmaker Arrium say the company may have traded while insolvent. In a report to creditors, KordaMentha stated it had identified a “number of transactions” entered into by Arrium prior to its collapse that warrant further scrutiny. “There is evidence which warrants further investigation as it suggests that the Arrium group…

Blog: Sandbags at dawn administration of Scottish company prioritised over foreign liquidation – Scottish Legal News

Liquidation

Sian Aitken Sian Aitken and Graeme MacLeod look at a case confirming the precedence of domestic administration proceedings in a multi-jurisdictional winding-up, marking the first time modified universalism has been recognised in Scots law. The Court of Session has confirmed that the administration in Scotland of a Scottish company will take priority over an Indian liquidation…

Cockatoo Island: Kimberley traditional owners worried Pluton Resources collapse could trigger environmental incident – ABC Online

Liquidation

Traditional owners in Western Australia are worried the collapse of Pluton Resources could trigger a significant environmental incident in the Kimberley. The WA Department of Mines and Petroleum has confirmed Pluton’s Cockatoo Island iron ore pit is filling with water and is expected to be full within days. “It is anticipated that at…

7-Eleven, domestic and sexual slavery on top of migrant taskforce hit list – The Sydney Morning Herald

Liquidation

Domestic slavery, sex slaves and scandal-ridden convenience store chain 7-Eleven are top of the agenda for a new powerful government-run migrant taskforce headed by Professor Allan Fels. Professor Fels will write to 7-Eleven this week seeking details on its compensation scheme and workplace compliance to ensure it is addressing systemic wage fraud across its franchise…

IT Brief NZ – Wynyard Group goes into voluntary administration – IT Brief NZ

Liquidation

Listed on the NZX, Wynyard Group is a cyber security firm with offices in New Zealand, Australia, United States, United Kingdom, Canada, and the Middle East. Wynyards solutions are used by Fortune 500 companies, national security agencies and critical infrastructure operators across the globe – but its just gone into voluntary administration. The firm informed shareholders…

Wynyard Group goes into voluntary administration – IT Brief Australia

Liquidation

Listed on the NZX, Wynyard Group is a cyber security firm with offices in New Zealand, Australia, United States, United Kingdom, Canada, and the Middle East. Wynyards solutions are used by Fortune 500 companies, national security agencies and critical infrastructure operators across the globe – but its just gone into voluntary administration. The firm informed shareholders…