Sydney Startup Hub rent bill owed to the NSW government pushes Fishburners into administration

Fishburners, the Sydney co-working space that grew into one of Australia’s most influential startup communities, has entered voluntary administration. The administration spells an uncertain future for the not-for-profit, which evolved from a single hub in Ultimo to a community spanning over 35,000 entrepreneurs. Documents listed by the Australian Securities and Investments Commission show Fishburners appointed Phil…

Fishburners: Sydney start-up hub enters voluntary administration

The organisation behind of Australia‘s largest and longest-standing early stage start-up communities has collapsed into voluntary administration. KPMG Australia’s Gayle Dickerson and Phil Quinlan will oversee a strategic restructing of not-for-profit Fishburners, which has fostered more than 35,000 entrepreneurs since 2011, including furniture company Koala and pet-sitting service Mad Paws. The

One of Australia’s Largest Seafood Companies Enters Voluntary Administration Amid Poor Prawn Season

Brisbane- A. Raptis & Sons Group, Australia’s largest wild-caught prawn operation and one of the country’s leading seafood businesses, has entered voluntary administration after a challenging season severely impacted its operations. Administrators from FTI Consulting were appointed on Friday to the group’s seven entities, which include A. Raptis & Sons, Raptis Fishing Licences, Harvest Seafood…

Clough Group enters voluntary administration as WeBuild $350 million takeover deal collapses

Merger of perth-based Clough Group construction company falls through Italian company WeBuild were originally set to acquire Clough in a $350m deal  On Monday WeBuild said following discussions they had pulled out of the deal  By BEN TALINTYRE, NEWS REPORTER Published: 11:24 AEST, 6 December 2022 | Updated: 13:21 AEST, 6 December 2022 One of…

Meredith & Moore in voluntary administration

Women fashion retailer, Meredith & Moore, has been placed in voluntary administration but continues to trade. The melbourne-based apparel company, which operates an online store, 16 retail stores and three outlet stores across New Zealand and Australia, was placed into voluntary administration by PBB Advisory. According to the PBB Advisory website, David Webb, Daniel Walley and Alan…