The directors of Hacketts bookies have decided to place the business in liquidation, which will result in the closure of all of its 18 shops and the loss of 35 jobs. Originally founded by Cyril and Monica Hackett over 50 years ago, the family business expanded from its Midland base up to a peak of…
By Sophie Vorrath on 20 June 2016 One of Australias largest rooftop solar installers, Metro Solar, has suffered financial collapse, with notice published last week that the Victoria-based company had been put into liquidation under the administration of accounting group Hall Chadwick. In a notice dated June 15, the Australian Securities and Investment Commission…
Winners were announced at a black-tie gala dinner at the Sofitel Sydney Wentworth on Thursday 28 April. Making partner is the ultimate recognition of a lawyers skills the culmination of years, sometimes decades, of dedication and effort. From starry-eyed graduates grappling with their first role to senior associates pulling all-nighters, the goal of partnership can…
By Sophie Vorrath on 20 June 2016 One of Australias largest rooftop solar installers, Metro Solar, has collapsed, with notice published last week that the Victoria-based company would be liquidated under the administration of accounting group Hall Chadwick. In a notice dated June 15, the Australian Securities and Investment Commission (ASIC) said that…
There are many rules investors in preferred stocks try to follow and among the most commonly followed is to never buy preferreds that trade above liquidation value. But while this is a wise move in many cases, especially among more risk-averse investors, there are some underappreciated exceptions where it can be reasonable to pay a…
Liquidation is definitely not an easy procedure and requires in-depth knowledge of the Malta accounting legislation. You may feel intimidated by the term liquidation or dissolution and what it implicates. It is definitely not an easy procedure and requires in-depth knowledge of the Malta accounting legislation. A company should contact professionals in the field to…
Allegro began as a classical distribution company, and expanded its repertory into other genres by acquiring NAIL distribution in the early 2000s. copyright 2016 Google Several hundred small music labels and recording artists around the world are faced with buying their own music back from a Portland distributor, as Allegro Media Group proceeds with an out-of-court liquidation. …
An event company that had sold tickets to a series of motivational seminars with actress Reese Witherspoon has collapsed into voluntary liquidation. Stanley Morgan Accountants were appointed as external managers to the The Simpatico Connection Pty Ltd, organisers of the Simpatico Connection Conference, this afternoon. The Simpatico Connection had been selling tickets to its conference…
By Jennifer Dickfos, Griffith University and Catherine Brown, Griffith University The proposed federal government changes to insolvency that reduce the bankruptcy period from three years to 12 months need to be questioned. It has been argued the shortened default period will have the desired impact on encouraging entrepreneurial activity and reducing the associated stigma of being…