A zoo south of A zoo south of perth has gone into liquidation because of … Source link
The company that owned Pinjarra’s Ranger Red’s Zoo has gone into insolvency, potentially owing hundreds of thousands of dollars in debts, but its new owner says he is keeping the zoo open and even has plans to expand to a new location. Ranger Red’s Zoo and Conservation Park, known as Peel Zoo until 2019, entered…
Sports and fitness enthusiasts have the chance to snap up a bargain purchase as millions of dollars worth of recreational equipment heads to auction in three Australian cities. One of the country’s leading suppliers of sporting hardware, T&R Sports, has entered liquidation, sparking a massive auction event. Lloyds Auctions is handling the liquidation of the…
The dream is over for drone delivery startup Swoop Aero, with creditors voting on Tuesday to place the venture capital-backed business in liquidation. Swoop raised more than $26 million in VC funding, with CSIRO-backed Main Sequence, impact fund Giant Leap, US investor In-Q-Tel, the defence tech investment arm of the CIA, Artesian, Folklore Ventures, Right Click…
Would-be homeowners impacted by the collapse of tiny home company Podular no longer have a priority claim over their partially built units, following a decision with implications for insolvency law – and lay-bys. Directed by businessman Charles Innes, Auckland-based Podular, which advertised mass-produced modular homes and sheds, collapsed in late 2022 owing creditors almost $10m.…
By CARINA STATHIS, SENIOR FEATURES WRITER, AUSTRALIA Published: 13:08 AEDT, 9 October 2024 | Updated: 13:20 AEDT, 9 October 2024 Celebrity-beloved Australian fashion brand Dion Lee is throwing a mega sale after collapsing into liquidation owing $35million. The Paddington store in
James Wang owns electrical supply company JH Market and loves the limelight. But since we exposed his company’s dodgy practices, dozens more tradies have come forward, and it’s now lights out for the company. “James, where’s my money?” his employee Roger asked. “Get your act together, dude. Pay us our money,” customer Ken added. READ…
It’s the latest devastating run of construction companies falling into liquidations across Australia Two construction companies have collapsed owing $4.5 million, with the list of creditors tipped to rise. gold coast companies Burleigh Heads-based PPS Qld and PPS Commercial were placed into liquidation on Monday, leaving a number of projects incomplete. It’s the latest devastating…
Australia will see a raft of reforms to the national bankruptcy system introduced so that debtors involved in personal insolvency matters receive fairer outcomes. On Monday, Attorney-General (A-G) Mark Dreyfus said key changes would lift the stigma associated with filing for bankruptcy. The changes include increasing the timeframe in which a debtor may respond to…
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…