The chemical company at the centre of two industrial fires in melbourne‘s west, including one that left a worker dead, has collapsed owing creditors more than $5.3 million. Reports from liquidator SV Partners into the failed ACB Group suggest the site of its factory remains an ongoing fire hazard, stating the EPA advised it posed…
A couple who were married at the weekend were among around a dozen newlyweds who attended the court hearing in an effort to find out if they could recover their money and wedding footage. The devastated bride, who did not want to be named said, “It’s just the memories we want back, we don’t care…
WA builder Collier Homes went into liquidation this week – for the second time in eight years – after the company previously owned by former Family First senator Bob Day’s Home Australia group pulled the plug, leaving five clients with unbuilt homes. Second-generation builder Dario Amara, who acquired the brand of the South perth-based business…
The private equity backers of Bonza and the melbourne Victory A-League team have called in a restructuring firm to provide advice on “operational challenges” at the same time as its co-founders have been forced out. Miami’s 777 Partners had grown rapidly, buying stakes in European soccer teams and in airlines including Bonza, which called in…
In March this year, after 14 years in business, Glen Iris brewery
Rev. Daniel Ogbarmey-Tetteh Awaits complete validation to settle the remainder Government has provided a GH¢1.4billion relief package to embattled customers of 27 collapsed fund management companies, including gold coast Ltd. – which hitherto had not received a penny due to a prolonged validation process. A press release by the Securities and Exchange Commission (SEC) dated…
The development company behind a massive gold coast project has called in administrators, leaving creditors owed about $80m. Nerang Street, which is developing the $500m Queen Street Village at South Port, has been impacted by funding issues on top of dealing with the Covid-19 pandemic, according to The Australian. Robson Cotter Insolvency Group said unsecured…
Condev Construction, a Queensland commercial builder, was set to appoint a liquidator on Wednesday after soaring costs and clients who were not willing to advance the privately owned builder any further funding in a position where it could not keep trading. The company with 18 projects – 14 in gold coast – had put a…
High-rise builder ABD Group went into liquidation on Friday after creditors appointed SV Partners’ Michael Carrafa and Peter Gountzos as liquidators of the troubled company. The appointment of liquidators meant there was no plan or hope for a turnaround of the company led by chief executive Raffaele Aiello, which records show last May formally changed…
Owners of apartments in a defective sydney building have been left in limbo following the collapse of the block’s builder and developer, Alpine Projects Australia. Rachel, in her early 30s, owns an apartment in a Campsie building in the city’s southwest, where she lives with her husband. Alpine Projects Australia collapsed into liquidation on September…