New figures from Deloitte Ireland show that the number of corporate insolvencies jumped by 47% in the first quarter of 2024 compared to the same time last year and could reach a total of 800 by the end of the year. Deloitte’s latest Insolvency & Restructuring Statistics reveal 214 corporate insolvencies during the first three…
By Antoinette Milienos For Daily Mail Australia Published: 17:00 AEDT, 26 March 2024 | Updated: 18:05 AEDT, 26 March 2024 Australia’s construction industry tradies have walked off job sites over unpaid bills a another firm has crashed with unfinished projects in four states. C… Read the full article at: https://www.dailymail.co.uk/news/article-13238849/Allroads-Pty-Tradies-walk-job-builders-200million-collapse-second-company-crashes-30million-debt.html
Defence, road and other state government infrastructure projects are now in limbo after a Queensland-based construction company was ordered into liquidation. Jon and Dan Fulton, who founded AllRoads in 2009, have had their company ordered into liquidation by the Queensland Supreme Court. The company went into administration as pipe supplier Enviropipes submitted a winding up…
Around 180 Australian jobs are at risk as a popular Sydney restaurant chain goes into administration. Elements Dining Group manages four Elements Bar & Grill restaurants in Sydneys Pyrmont, Wooloomooloo, Darlinghurst and Haberfield, along with Elements Seafood Grillhouse in Walsh Bay. All five of the popular restaurants have gone into voluntary administration, with John McInerney…
Adani Power shares would be in focus on Wednesday morning after the Adani group company received nod from competition regulator Competition Commission of India (CCI) for acquiring Lanco Amarkantak Power Limited. The target company, a part of the Lanco Group, is engaged in the business of thermal power generation in India. Lanco Amarkantak Power is…
By Padraig Collins For Daily Mail Australia Published: 11:09 AEDT, 26 March 2024 | Updated: 11:17 AEDT, 26 March 2024 An Australian cookware company has gone into voluntary administration just three years after starting with claims of how revolutionary its products were. Zega ap… Read the full article at: https://www.dailymail.co.uk/news/article-13238033/Zega-cookware-goes-administration.html
A Queensland construction company has collapsed, plunging into jeopardy the fate of multiple state government-funded building projects worth hundreds of millions of dollars. Last Thursday, the Queensland Supreme Court ordered Allroads Pty Ltd into liquidation. Allroads specialised in civil construction and had taken on a number of major road and defence projects in Brisbane, Townsville…
An independent building company that is part of a major national construction chain has collapsed. News.com.au can reveal that Victorian-based building company Station 293 Pty Ltd went into liquidation last Friday with money owed to lots and lots of tradies. The construction firm traded under Cavalier Homes Geelong and as its namesake would suggest, it…
An independent building company that is part of a major national construction chain has collapsed. News.com.au can reveal that Victorian-based building company Station 293 Pty Ltd went into liquidation last Friday with money owed to lots and lots of tradies. The construction firm traded under Cavalier Homes Geelong and as its namesake would suggest, it…
An independent building company that is part of a major national construction chain has collapsed. News.com.au can reveal that Victorian-based building company Station 293 Pty Ltd went into liquidation last Friday with money owed to lots and lots of tradies. The construction firm traded under Cavalier Homes Geelong and as its namesake would suggest, it…