Scottish family-owned clothing company in liquidation

Grants Wholesale also agreed to appoint joint liquidators at the meeting in the Scottish capital. Kevin Mapstone and Kenneth Robert Craig of Begbies Traynor were subsequently appointed liquidators. Read More: The company was registered in Edinburgh and involved in the “wholesale of clothing and footwear”, with a main trading address in Houstoun Industrial Estate in Livingston.…

Award-winning Sydney construction firm plunges into administration after almost 50 years in business

A sydney construction firm has plunged into administration after almost 50 years in business. Award-winning Novati Constructions, founded by Peter Novati in 1971, appointed administrators from Worrells after slipping into insolvency this week. Luisa and Marco Novati are listed as directors of the company, with Marco now serving as the company’s group manager, according to…

Open Projects Group collapses into liquidation leaving 75 jobs lost

A major South East Queensland construction firm employing more than 75 staff has been forced into liquidation, abruptly shutting its doors and leaving workers facing an uncertain future. Open Projects Group (OPG), described as the region’s largest full-service shop-fitting company, was placed into liquidation by creditors this week. Director Kane McCarthy broke the news to…

Gold Coast publisher Business News Australia shuts down

Queensland publisher Business News Australia has appointed a liquidator, shutting down its online news site which has sometimes been confused with our perth-based Business News operation. Menzies Advisory principal Michael Caspaney was appointed liquidator this morning to Business News Australia Pty Ltd which published under that banner and also owns the business names gold coast…

Police investigating fraud claim against director of liquidated caravan manufacturer Zone RV

Failed luxury caravan manufacturer Zone RV will be liquidated as police investigate the company’s director over fraud claims. The Sunshine Coast-based company fell into administration on December 1 owing creditors $42 million. Almost 150 Zone RV customers have paid about $15 million in progress payments made for caravans that have not been constructed. At a…