Australian frozen dessert company Sara Lees voluntary administration has caused a buzz in Hong Kong as fans have urged dessert lovers to add the brands products to their shopping lists. This comes after Sara Lee appointed FTI Consulting as its voluntary administrator on 17 October, according to the SCMP. On Wednesday, FTI Consultings administrators said they…
By Padraig Collins For Daily Mail Australia Published: 08:14 AEDT, 22 October 2023 | Updated: 09:12 AEDT, 22 October 2023 A luxury Melbourne building company has gone into liquidation informing its customers by a letter. PFK Melbourne has been appointed as the liquidator after D… Read the full article at: https://www.dailymail.co.uk/news/article-12657623/Luxury-construction-company-collapses-Melbourne.html
Aussie dessert brand Sara Lee, which Kiwis may know for its popular frozen cheesecakes, has gone into voluntary administration. FTI Consulting was appointed as voluntary administrator on Tuesday. The firm will seek a restructuring and sale of the Sara Lee business, while still “continuing operations”. Administrator Vaughan Strawbridge says they hope to continue to brand’s…
Popular Aussie dessert company Sara Lee has gone into administration after 52 years of selling frozen cheesecakes, pies, crumbles and ice creams. Its management yesterday appointed FTI Consulting’s Vaughan Strawbridge, Kathryn Evans and Joseph Hansell as voluntary administrators of Sara Lee Holdings Pty Ltd. Sara Lee Holdings is an Australian-based manufacturing business that trades as…
Oct 21, 2023 3.58pm Melbourne-based Dome Building Projects, which did high-end home building and renovation work for customers in Melbournes leafy inner-eastern suburbs, went into liquidation on Friday after falling short on payment demands to a former director. Jason Stone and Paul Allen of PKF were appointed as liquidators to South Melbourne-based Dome, after directors…
There was a drop in North East and Yorkshire corporate insolvencies. (Photo credit: Pixabay) The number of corporate insolvencies across the North East and Yorkshire fell in the third quarter of 2023, new research has found, despite economic uncertainty continuing to impact businesses. Analysis of notices in The Gazette by Interpath Advisory found that 44…
The Insolvency and Bankruptcy Board of India (IBBI) shall float two discussion papers one on making changes in the Corporate Insolvency Resolution Process (CIRP), and the other on corporate liquidation very soon, a government official told FE These discussion papers are intended to make changes in the regulations to maximise the value of recoveries and…
Reuters. The Supertech ORB project, managed by the indebted Supertech group, has been admitted into the Corporate Insolvency Resolution Process (CIRP) by the Prayagraj National Company Law Tribunal (NCLT). This decision follows a plea from Assets Care and Reconstruction Enterprises Limited (ACRE) regarding a defaulted debt repayment of Rs. 482 crore, including both principal and…
Sara Lee Holdings, a company well-known for its frozen desserts such as cheesecakes, pies and ice cream, has gone into voluntary administration. While there’s uncertainty around the future of the dessert brand, the factory appeared to be in full swing this morning. Let’s unpack what we know and who the brand got its now-famous name from. Who owns…
By Kylie Stevens and Padraig Collins For Daily Mail Australia Published: 09:30 AEDT, 19 October 2023 | Updated: 09:44 AEDT, 19 October 2023 Sunrise host Nat Barr has led a growing chorus of heartbroken Aussies pleading for Sara Lee to be saved after frozen desserts company coll… Read the full article at: https://www.dailymail.co.uk/news/article-12646557/The-three-tragic-causes-Sara-Lees-voluntary-administration-Australia.html