Sunshine Private Hospital in Melbourne's west enters voluntary administration after 14 months of operation – ABC News

In short: A private hospital in Melbourne’s western suburbs has entered voluntary administration.  The $140 million Sunshine Private Hospital was opened in March 2023. What’s next? Surgeries have been cancelled, with patients to be transferred to other hospitals. The company behind Sunshine Private Hospital in Melbourne’s west has entered voluntary administration, forcing hospital management to cancel surgeries…

My Tiny Home Kit took from these people who say they have never received their homes, they want their money back – ABC News

In short: Australians who bought tiny homes from an entrepreneur’s company say they have never been delivered. The company in question has been dissolved but the man at the centre has opened new businesses. What’s next? Buyers continue to pursue the remains of their tiny homes or refunds. Valerie Shannon and Garth Woodcock own a…

Stevens Constructions: Major building company enters voluntary administration amid 'unprecedented disruptions' – Daily Mail

By Freddy Pawle and Stephen Johnson, Economics Reporter For Daily Mail Australia Published: 20:03 AEST, 27 May 2024 | Updated: 20:04 AEST, 27 May 2024 A well known building company has gone bust after almost two decades in business, adding to a … Read the full article at: https://www.dailymail.co.uk/news/article-13463205/Stevens-Constructions-administraction-construction.html

Blackbird-backed deep tech start-up faces liquidation – The Australian Financial Review

May 27, 2024 9.54am Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Subscribe now Already a subscriber? The Supreme Court of Victoria has ordered the liquidation of Bardee, a deep tech start-up backed by Australias largest venture capital fund, Blackbird Ventures. A Melbourne storage company, backed…

$250m luxury marina development at Burnett Heads to be sold by liquidators – ABC News

In short: The NSW Supreme Court has appointed liquidators for the Gateway Marina at Burnett Heads. Liquidators find companies owe $7.9million to creditors. What’s Next? Developer Simon Harvey hopes the project will continue under new ownership. A $250 million marina development on the edge of the Great Barrier Reef has gone into liquidation, owing millions of dollars…

NCLT admits Srei's insolvency plea against Supreme Infrastructure BOT – The Economic Times

Mumbai: The National Company Law Tribunal (NCLT) has admitted Srei Infrastructure Finance‘s petition to initiate a corporate insolvency resolution process (CIRP) against Supreme Infrastructure BOT after it defaulted on the repayment of a loan.Srei Infrastructure Finance had granted a term loan of Rs 150 crore to Supreme Infrastructure BOT for a period of five years.…

NCLAT upholds NCLT order on Jaypee Infra, asks Suraksha to pay Rs 1,300 cr – Business Standard

The corporate Insolvency Resolution Process (CIRP) against JIL was started in August 2017 over an application by an IDBI Bank-led consortium. Photo: Wikimedia Commons 4 min read Last Updated : May 24 2024 | 8:48 PM IST Insolvency appellate tribunal NCLAT on Friday upheld Suraksha Realty’s bid to acquire debt-ridden Jaypee Infratech but asked it…