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…
By BRETT LACKEY FOR DAILY MAIL AUSTRALIA Published: 13:26 AEST, 28 February 2024 | Updated: 20:43 AEST, 28 February 2024 A Victorian construction company has collapsed placing the fate of a slew of projects up in the air. After a drawn out process, Apex Homes Australia, based in North
With the Future Music Festival 2014 lineup announced, featuring Deadmau5, Phoenix, and Macklemore & Ryan Lewis topping a massive bill for the event next March, attention has once again turned to the new partnership presenting the annual music festival. The flagship Future Music Festival is being presented in a joint venture with Michael Gudinski’s Frontier Touring, a deal…
VFX and post-production business Cutting Edge has officially entered into a Creditors’ Voluntary Liquidation, less than a year after being announced as one of the first recipients of the Queensland Government’s $5 million Capital Grants program. According to a public notice from the Australian Securities and Investments Commission (ASIC), the company was placed into liquidation…
Port melbourne based signage and built-brand company Adherettes has gone into voluntary liquidation with its liquidators, Pitcher Partners, actively seeking expressions of interest for the sale of the former. Pitcher Partners liquidators Andrew Yeo and Gess Rambaldi are in the process of selecting a new owner for Adherettes and are calling on the last of…
A melbourne-BASED theatre company that has received more than $800,000 in federal government grants since December 2010 has gone into liquidation owing the Australian Taxation Office almost $700,000. HIT Productions, which is based in Beaumaris and run by 54-year-old actor-producer Christine Harris, entered liquidation on December 22 with debts totalling about $1.8 million. Liquidation: Christine…