The Insolvency and Bankruptcy Code Bill 2015 can be important for your upcoming exams. It was introduced by Union Finance Minster Arun Jaitley in the Lok Sabha in December 2015. In this article, we will take a thorough look at this bill, its significance, advantages and disadvantages, and its impact on the nature of corporate…
Federation Clothing in liquidation Save Tuesday, 16 February 2016 Federation Clothing and a sister firm with four Auckland stores has gone into liquidation owing creditors more than $1 million. The business, launched about 15 years ago, is still trading and being put up for sale after liquidators were appointed to Federation Clothing and Laundromat Collective…
17 February 2016 Lara Bullock View Comments K&L Gates has announced the appointment of three corporate and transactional partners in its Sydney office. Nick Humphrey, Hal Lloyd and Daniel Atkin have all joined K&L Gates from Sparke Helmore Lawyers. Mr Humphrey (pictured) has more than 20 years’ experience advising on a broad range of domestic…
Federation won the inaugural James & Wells fashion communication design award in 2011. Prospective buyers are already circling New Zealand streetwear label Federation, which owes more than $1 million to creditors. Liquidators are attempting to sell the 15-year-old company and its related businesses as a going concern. Federation referred requests for comment to Keaton Pronk,…
A biodiesel plant listed on the Australian Securities Exchange says the federal government is partly to blame for it collapsing into voluntary administration. Australian Renewable Fuels Limited, based in Barnawartha in north-east Victoria, appointed voluntary administrators on Thursday. Melissa Humann, David McEvoy and Nicholas Martin from PPB advisory are now managing the companys assets. A…
Seven GNC LiveWell stores have closed down less than two months after the Australian operations of the global brand were placed in voluntary administration. GNC LiveWell stores at Melbourne Central, Westfield Geelong, Chadstone Shopping Centre, Knox Shopping Centre and Watergardens Town Centre in Victoria have ceased trading, according to a statement on the vitamin retailers…
Federation Clothing Ltd. has stores across Auckland. Photo / Facebook Federation Clothing and a sister firm with four Auckland stores has gone into liquidation owing creditors more than $1 million. The business, launched about 15 years ago, is still trading and being put up for sale after liquidators were appointed to Federation Clothing and Laundromat…
Seven GNC LiveWell stores have closed down less than two months after the Australian operations of the global brand were placed in voluntary administration. GNC LiveWell stores at Melbourne Central, Westfield Geelong, Chadstone Shopping Centre, Knox Shopping Centre and Watergardens Town Centre in Victoria have ceased trading, according to a statement on the vitamin retailers…
The Insolvency Law Reform Bill, which enhances protections for creditors and improves the efficiency of companies being wound up, has passed the House of Representatives today, Minister for Small Business and Assistant Treasurer the Hon Kelly ODwyer said. This legislation supports the Governments commitment to modernise Australia’s insolvency and corporate reorganisation framework, Minister ODwyer said.…