The collapse of an Australian tech company has just taken another twist after staff received a letter from a government agency. Marketing and software company E-Mersion Media (Aust) Pty Ltd, headquartered in melbourne, collapsed into liquidation last month with debts of at least $13 million. All the company’s staff had been stood down by the…
A former franchisee in a sydney burger chain has collapsed after a court ordered the venture to shut down due to tens of thousands of dollars in unpaid electricity bills. At the end of last month, the Victorian Supreme Court ordered Bass Hill Burger Pty Ltd into compulsory liquidation. Bass Hill Pty Ltd formerly operated…
The owner of the Karen’s Diner restaurants, infamous for its staff being deliberately rude to customers, has gone under two years after the cheeky concept was born in sydney. Viral Ventures, which owned most but not all the Karen’s Diner restaurants, gave notice at a general company meeting on May 30 that it would be…
The Supreme Court of Victoria has ordered the liquidation of Bardee, a deep tech start-up backed by Australia’s largest venture capital fund, Blackbird Ventures. A melbourne storage company, backed by the Victorian State Revenue Office, last week petitioned the court to wind up Bardee’s registered company, Beyond AG, to recoup unpaid bills, and the court…
Sasha deBretton — perth’s self-styled queen of rich-list renovations — has placed her group of companies, including the flagship Million Dollar Makeovers, into liquidation. As of the first week of this month, three of Ms deBretton’s firms were in the hands of liquidators Cameron Shaw and Brent Kijurina, working for accountants Hall Chadwick. In contrast…
Major retailer Johnny’s Furniture has gone into administration due to a “significant decline in revenue”. The company had 15 stores in Australia at the height of its 10-plus years in operation. That has been reduced to eight — four stores in Queensland, three in New South Wales and one in Victoria. Company directors are scrambling…
As many as “hundreds” of weddings have been plunged into disarray after a bridal shop collapsed into voluntary liquidation. On Monday, The Bridal Atelier Pty Ltd, a bridal shop in melbourne, appointed liquidators. Staff at the company are shocked and have been left to field calls from distraught brides concerned their wedding plans have gone…
Dozens of perth couples have been left heartbroken after a popular wedding videographer shut its doors without warning. Launch Film Productions, which is one of the city’s biggest wedding media companies, has gone into liquidation, with owner John Wilson failing to appear in federal court today to face allegations. Candice Mijat paid $5000 to have…
Another start up NSW builder SMLXL has been placed into liquidation, leaving several major projects in a state of flux including Mona Vale Golf Course, who after recently gutting their current club house were suddenly advised that their builder SMLXL projects had suddenly and without warning been placed into liquidation. ChannelNews understands that both retailers…
The business’s website is down but archived pages include a blog post from February that said the business had hired extra support staff and started up its own team of bricklayers to tackle its workload. “With supply chain issues and border restrictions, it’s fair to say WA builder’s have had to adapt (or bust)!,” it…