melbourne-based residential builder Kleev Homes Pty Ltd has been “wound up” this month, with liquidators appointed to dissolve the company. The decision to end the company was made at a general meeting of its members on July 5, according to a notice published by the Australian Securities and Investments Commission. Dozens of construction companies have…
A building company linked to underworld figure Mick Gatto has been targeted in an online campaign by sub-contractors who say the company has ripped them off after they did work on apartment complexes. Key points: The building company is accused of hiding money while refusing to pay workers The company told creditors it was struggling…
Grant Thornton have encouraged customers seeking refunds to get in touch directly, after some ticket-holders complained about being stonewalled. “I purchased a $200 ticket with them before lockdown and obviously never was able to go,” student Alanna Pow said. “I know they have gone into liquidation so would I even be able to get my…
The rescue plan, put forward by owners Nathaniel and Callum Reeve, has been signed off on by creditors who have settled for just 15c on the dollar. South East Brewing Company, which trades as Kaiju Beer, located in Dandenong South in the city’s southeast,
melbourne-based property developer Bensons Property Group has avoided being plunged into liquidation after creditors signed off on a rescue deal, settling for half of what they are owed. Bensons, which collapsed in December with more than 1000 homes under construction worth about $1.5b, owed creditors more than $811m. Among those owned money are builders, other…
The collapse of a high-end melbourne construction group has dramatically expanded with dozens of additional employees sacked as four more companies go bust. VCON, known for its award-winning projects across Melbourne including winery Jackalope on the Mornington Peninsula and apartment block Fawkner House in South Yarra, collapsed into liquidation late last year. The Herald Sun…
Albert Park Leisure, which until recently owned South melbourne bar Albion Rooftop, called in the liquidators earlier this month. The Herald Sun revealed in early February the Albion, located on York St, had been sold to nightclub and entertainment business District 14. Corporate records list businessman Matt Darcy, brother of media identity and ex-AFL player…
Symons said they only trained for Esprit Racing and that the company bought horses – “specked them at the sales” – and then sold shares in them. “They never advanced [us] anything,” Symons told this masthead on Friday. “It’s bullshit. And the people that are in those horses are going to come forward and say…
A convicted drug smuggler, Russian billionaire and world famous singer are among the high-profile clients chauffeured by a transport company before it collapsed. Brunel Chauffeur Drive and Limousines Pty Ltd went into liquidation on July 13, owing $11.7 million to more than 100 creditors. The sydney-based company offered premium passenger transport in every state capital as…
melbourne food delivery platform Providoor has entered liquidation, joining a rapidly growing list of tech startups around the country that have gone bust. Key points: Providoor has entered liquidation after three years in business About 50 restaurants in Melbourne and sydney will be affected by the closure Experts say the company was well-run and a victim…