Category Archives: Voluntary Administration

Sunshine Private Hospital in Melbourne’s west enters voluntary administration after 14 months of operation

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…

59 projects in limbo as Lloyd Group enters voluntary administration

Several major projects in Victoria and New South Wales have been hit after the melbourne-based construction company Lloyd Group was placed in voluntary administration with Deloitte. The collapse of the construction firm, which mostly specialises in state and local government work, has upended the progress of 59 projects in the two states, and impacted about…

Training provider operating for 16 years collapses into voluntary administration

A melbourne-based training provider that has been operating for 16 years has collapsed into voluntary administration. MWT Institute was founded in 1999 and specialises in accredited training in music, financial and community services.  Andrew Yeo and Gess Rambaldi from Pitcher Partners were appointed administrators of MWT Institute on September 3. A meeting of creditors is…

Dinner by Heston at Crown Casino goes into liquidation

Celebrity chef Heston Blumenthal’s flagship melbourne restaurant has been placed into voluntary ­administration. Dinner By Heston was handed to provisional liquidators on Friday after a Federal Court hearing in sydney. Court orders state an application was made to wind up the company behind the restaurant, “on grounds of insolvency”. Papers filed with the Australian ­Securities…

Future of Australia’s tallest tower up in the air

This article is from the Australian Property Journal archive THE future of Australia’s tallest-tower-to-be is doubt, with more reports emerging of developer Beulah struggling financially with the mammoth $2.7 billion project. Malaysia-backed developer Beulah International has been plotting the dual-tower Sth Bnk by Beulah, on the edge of melbourne’s CBD, with the taller of the…

Sydney Brewery Is Expanding Its Operations by Acquiring Rocks Brewing Company’s Alexandria Brewpub and Facilities

It’s not been an easy year or so for the craft brewing industry, with several much-loved operations closing their doors, selling up or merging to keep the lights on. However, one brewer that’s gone from strength to strength is Sydney Brewery, which has just announced its acquisition of Alexandria’s Rocks Brewing Company. Having entered voluntary…

Jeanswest goes under, putting 600 jobs at risk as more than 90 stores close

The parent company of clothing brand Jeanswest has gone into voluntary administration, with plans to shut all of its stores putting 600 jobs at risk. Harbour Guidance Pty Ltd, a subsidiary of a Hong Kong company owned by clothing and textiles mogul Chun Fan Yeung and his family, had previously placed Jeanswest into administration five…

Whyalla steelworks bleeding $1.5m a day

Whyalla steelworks was losing $1.5 million a day before being put into voluntary administration and owes creditors $1.34 billion, including $570 million to entities owned by British industrialist Sanjeev Gupta, which administrators have flagged as a disputed claim. The steelworks in South Australia was plunged into voluntary administration two weeks ago owing employee entitlements of…

Harbour Town’s Fletcher Jones closes its doors

FLETCHER Jones in Harbour Town will be the only West Australian victim as the company closes one-third of its stores across the country. The company’s voluntary administrator Cor Cordis today said the company’s perth and Joondalup-based stores, and 28 across the country, will continue to trade as normal. Nationally, 61 staff – 53 retail and…

‘Save our school’: Hundreds of families left in limbo after shock closure of Victorian school

Maninder Kaur Rosha, whose son Fateh was in Grade 4 at Colmont School, says the students are “full of tears”. “On late Wednesday [27 July], we were notified by email that the school was going into voluntary administration and on Thursday, we were told that Friday would be the last day of school. It’s just…