The collapse of an embattled home improvements business has left almost 100 customers out of pocket hundreds of thousands of dollars in deposits, with patios and landscaping work left incomplete. perth-based Western Home Improvements was officially put into liquidation on Tuesday after the Wangara company struggled to find labour to complete the $1.2 million in…
Creditors including multiple suppliers and contractors of a failed music festival will likely get nothing after the company behind The Grass is Greener was wound up with debts of over $3 million. Hand Picked Events and Marketing went into administration late last year after low ticket sales for its shows in Cairns and Geelong left…
By OLIVIA DAY FOR DAILY MAIL AUSTRALIA and NCA NEWSWIRE Published: 12:23 AEST, 10 April 2024 | Updated: 13:53 AEST, 10 April 2024 Yet another construction company has collapsed, leaving dozens of homeowners with unfinished properties and uncertain futures. perth-based builder Start Right Homes appointed Anthony Warner from CRS Insolvency Services as the business liquidator…
By CAITLIN POWELL – NEWS REPORTER Published: 01:35 AEST, 11 July 2025 | Updated: 02:59 AEST, 11 July 2025 The Australia-based firm behind the post-production of hits such as Aquaman, Pirates of the Caribbean and Thirteen Lives has fallen into liquidation. Cutting Edge Post, which has offices in Sydney and the gold coast, announced on July…
The couple then signed in February 2024 with Ultimo Constructions, one of WA’s best boutique builders and five-time winner of the HIA Australian Professional Small Builder of the Year award. They were told the house would be built within nine months. Cynthia Lu and Yusuf Khan at the launch of Modco Residential.Credit: Facebook Fast forward…
One of Australia’s leading post-production houses, Cutting Edge, which has worked on films such as Pirates of the Caribbean and Aquaman, has closed down and gone into liquidation, with staff allegedly owed over $2.4 million Australian dollars. Large companies like this closing down is very concerning, given the current state of the industry. On social…
Translated by Nazia BIBI KEENOO Published April 30, 2025 Jennyfer, a French fast-fashion chain catering to teens and young women, has filed for court-ordered liquidation after four decades in business. The ruling came on April 30 from the Bobigny commercial court, following a request from company management due to persistent financial hardship. The decision had…
By NICHOLAS COMINO, NEWS REPORTER, AUSTRALIA Published: 01:08 AEST, 7 July 2025 | Updated: 11:45 AEST, 8 July 2025 A company associated with MasterChef star Reynold Poernomo has collapsed owing $500,000 to creditors. Poernomo was a popular contestant on the 2015 season of the hit cooking show. Two years later, he and his brothers, Arnold…
Translated by Nicola Mira Published June 10, 2025 Fenice Retail, the retail subsidiary of Fenice Srl, a company in which Italian fashion influencer Chiara Ferragni now holds a 99% stake, posted aggregate losses in 2023-2024 of €1.2 million, and went into liquidation in May, according to the Radiocor agency. Chiara Ferragni Fenice Retail’s liquidation means…
A melbourne logistics company has collapsed just days before Christmas, reportedly telling its 120 workers it cannot afford to pay them for the past week as it goes into receivership. Key points: Fastline International specialises in online, wholesale and retail warehousing The union says the company wants to re-employ some of the workers on lower…