A chain of cosmetic clinics has collapsed after the sudden death of its owner, leaving hundreds of irate customers awaiting procedures out of pocket. Injectable Institute Australia (IIA), famous for its botox injections, operated 16 cosmetic clinics across
A popular inner brisbane restaurant has entered liquidation after its two owners were disqualified from running companies by ASIC over their other failed companies. The federal court ordered Italian eatery Eterna to enter liquidation last week after the Australian Taxation Office applied to wind up the company. Professional services firm Vincents’ restructuring and recovery director…
Top melbourne restaurant Calia Australia will forever close its doors after going into liquidation. The business submitted a notice to wind up the company to the Australian Securities Investment Commission (ASIC) on Monday, less than two weeks after informing staff they would be out of a job via email. The beloved venue in Melbourne went…
The president of sydney Olympic Football Club and owner of a major crane company has been accused of being party to a decades-long scheme that defrauded the Tax Office of almost $100 million. Insolvency Options liquidator Darren Vardy is suing Titan Cranes and its owner Damon Hanlin for $65 million for breaching director duties due…
Aussie Plant Based Co has been acquired by fellow Australian food company Smart Foods, just days after facing liquidation. Owner of plant-based brands Veef and LoveBuds, Aussie Plant Based Co was reported to have entered liquidation last week due to cash flow challenges stemming from rising prices, rapid expansion and supply chain disruptions. The company…
LUXURY sydney boat company Andrew Short Marine has gone into liquidation — just days before the second anniversary of its founder and namesake’s death in a yachting accident. A devastated Matthew Short, who took charge of the family firm following the death of his brother Andrew in 2009, confirmed the company was no longer trading…
The company offered two-week overseas study trips that promised to deliver “unforgettable” STEAM education, including tours of NASA’s Johnson Space Centre in Houston, Texas, and astronaut training that included simulated and “immersive space missions”. It also offered ocean school expeditions to the Great Barrier Reef. Actura immediately cancelled all its international space and ocean camp…
In the last twelve months 26 Western Australian builders have collapsed, that follows 27 in the year before that. Wayne adds his name to that list, after making the tough decision to put his commercial building company into voluntary liquidation. He set up his company in 2005 and at one stage had 17 staff and now he’s…
Yet another construction company has collapsed with perth builder City Residence Pty LTD going into liquidation. Peter Malone from CRS Insolvency Services was appointed liquidator on Wednesday after a company meeting resolved City Residence should be wound up. The company was yet to complete 13 residential building projects despite the liquidation. Perth builder City Residence…
perth commercial builder Mercedes Construction has tumbled into liquidation after moving to wind up its operations. It comes two months after Mercedes Construction’s sole director Adrian Gagiero voluntarily appointed administrator Ross Thomson from Bankruptcy Advisory Centre. A filing with the corporate regulator reveals Mercedes Construction passed a special resolution to voluntarily wind up its operations at a…