After a weekend in which conspiracy theorist Alex Jones warned that his media company faced an imminent shutdown by the federal government because of his bankruptcy cases, a judge on Monday allowed Jones to keep operating for the next two weeks while it is decided whether his assets should be liquidated. Both Jones and his…
By Ashley Nickel For Daily Mail Australia Published: 21:18 AEST, 4 June 2024 | Updated: 21:27 AEST, 4 June 2024 A Montessori childcare chain has entered voluntary administration as its director admits she was unable to ‘navigate’ sector-wide c… Read the full article at: https://www.dailymail.co.uk/news/article-13492369/Precious-Cargo-Montessori-administration.html
Seven childcare centres in Adelaide are in danger of shutting down after the company behind them went into voluntary administration. Precious Cargo Education called in administrators this morning, with founder and director Cheryl Shigrov saying difficulties facing the entire industry were behind the company’s struggles. “In recent years there have been some challenges that the…
In short: Childcare group Precious Cargo has gone into voluntary administration. Founder and director Cheryl Shigrov says seven operating childcare centres are affected in South Australia. A further four non-trading entities are in liquidation. What’s next? She says the childcare centres will remain operational until a buyer is found. A Montessori childcare chain that has…
The collapse of an Australian tech company has just taken another twist after staff received a letter from a government agency. Marketing and software company E-Mersion Media (Aust) Pty Ltd, headquartered in Melbourne, collapsed into liquidation last month with debts of at least $13 million. All the companys staff had been stood down by the…
PTI | Jun 03, 2024 09:39 PM IST Share Via Copy Link The Allahabad bench of the tribunal has also dismissed the merger of Jaiprakash Associates Ltd with Jaypee Infrastructure Development Ltd New Delhi, June 3 (PTI) The National Company Law Tribunal (NCLT) on June 3 directed to initiate insolvency proceedings against debt-ridden Jaiprakash Associates…
JAL was part of the Reserve Bank of India’s list of 26 big loan defaulters to commercial banks for initiating bankruptcy proceedings in August 2017. 3 min read Last Updated : Jun 03 2024 | 7:15 PM IST The National Company Law Tribunal (NCLT) on Monday directed to initiate insolvency proceedings against debt-ridden Jaiprakash Associates…
An Australian start-up that landed its products on Bunnings shelves has collapsed after a worker was crushed to death last year. The company Bardee launched five years ago and had raised $8 million from investors to develop technology that turned food waste into fertiliser and pet food by using billions of black soldier flies. In…
By Ashley Nickel For Daily Mail Australia Published: 19:09 AEST, 3 June 2024 | Updated: 19:09 AEST, 3 June 2024 An innovative company that landed a deal with hardware giant Bunnings to stock its products has collapsed following the death of a wo… Read the full article at: https://www.dailymail.co.uk/news/money/article-13487745/Superfly-Bardee-collapse-Bunnings.html
ProForm Foods, an Australian plant-based meat company and producer of the MEET brand, has entered voluntary administration. Gayle Dickerson and James Dampney of financial advisory firm KPMG Australia have been appointed as administrators, and the first meeting of creditors was reportedly held on May 30. ProForm Foods will continue to operate as normal during the…