gold coast-based food manufacturer, Smart Foods, has acquired The Aussie Plant Based Co., eight days after it went into liquidation. Operations have already restarted. Smart Foods CEO, Raghu Reddy told Food & Drink Business that despite the recent challenges for the plant-based company, he recognised its “immense potential”. Fort Restructuring partner, Ken Whittingham said Smart…
The family company of former Socceroo Steve Horvat has been pushed into liquidation in a development that will send shockwaves through A-League club Western United on the eve of the competition’s finals series. Nathan Deppeler and Scott Andersen from Worrells were appointed liquidators of Horvat’s family company Sava Engineering on Monday, after a meeting of…
Frontier Lighting, a perth-based events company that provides lighting to some of the state’s biggest concerts, has gone into liquidation after being decimated by the pandemic. Border restrictions and stay-at-home orders have caused a significant decline in the number shows being put on in the last 18 months. CEO of Frontier Lighting Jared Hawke told…
The business entity controlled by collapsed builder Modco Residential‘s co-founder has fallen into liquidation. Ms Lu Holdings – an entity solely controlled by Modco co-founder Cynthia Lu – was placed into the hands of liquidator Mathieu Tribut from Mackay Goodwin this afternoon. Ms Lu held a stake in Modco Residential alongside her partner Yusuf Khan,…
Alyssa Luc and her partner Xuan Tri Mai are among many Australians who wish they hadn’t rushed into building a home. It was the end of 2020 when the couple purchased a block of land in Catherine Field, a growth area suburb south-west of sydney. Their block cost about $500,000, and they spent another $700,000…
A perth jetski and quad bike dealership has stumbled in liquidation, calling in experts Greg Prout and David Hurt from WA Insolvency Solutions to sift through its affairs. Late last month the Seadoo WA Pty Ltd, trading as Sea-doo Sport and Leisure, made the decision to call in liquidators from WAIS after struggling to get…
By MATT JONES FOR DAILY MAIL AUSTRALIA Published: 15:09 AEST, 24 April 2025 | Updated: 16:35 AEST, 24 April 2025 A lack of recent hailstorms is just one of the reasons why a nationwide panel beating group has collapsed owing almost $5million to creditors. Seven companies operated by Action Smart Group are in liquidation with…
A perth family’s plans to fly to India for a wedding have been thrown into turmoil with the collapse of online travel agent Bestjet. They are among many West Australians affected by the collapse of the brisbane-based company, which went into administration on Tuesday. Jarnail Singh Bhaur had used Bestjet twice this year without any…
The last of eight companies within the sydney Investment House Group, alleged to have operated an unregistered managed investment scheme, have been placed in provisional liquidation. The New South Wales Supreme Court yesterday appointed Quentin Olde of Taylor Woodings as provisional liquidator to Sydney Investment House (Newcastle) Pty Ltd , following an application by the…
The firm had a portfolio worth more than $400 million, ranging from luxury apartments and affordable housing to retail projects, but on Friday formally went into liquidation, according to documents filed with ASIC. Creditors have been told to submit their debts or claims by August 5. Stevens Construction has collapsed two months after going into…