Victorian new home builder Harmac Group entered voluntary administration on Tuesday, a development which will pause construction projects across the state for weeks. But as the company makes the difficult decision to restructure, it said its intention remains that current builds will still be completed. Harmac Homes, Harmac Constructions, Harmac Urban Living and Ridge Homes…
Directors and officers of companies are subject to numerous statutory duties and can face a wide range of claims giving rise to civil and criminal liability for breaching them. Regulators with the power to investigate and pursue civil or criminal penalties for wrongful conduct include the Australian Securities and Investments Commission (ASIC), the Australian Competition…
Customers of Auckland-headquartered crypto exchange have been denied access to their funds. News Join us on social networks Customers of Auckland, New Zealand-headquartered crypto exchange Dasset have been denied access to their funds, and the companys representative has revealed the beginning of its liquidation. On Aug.14, local media outlet The Herald reported on the exchanges troubles.…
All 14 employees at a plumbing company have lost their jobs on the spot just weeks before the firm appointed liquidators. News.com.au can reveal that JL Plumbing & Drainage (VIC) Pty Ltd went under last Friday. Liam Bellamy of insolvency firm RRI Advisory was appointed as the liquidator. The business, based in Victorias Mornington Peninsula,…