The company behind fashion brand Jeanswest has called in administrators, putting the future of hundreds of workers in limbo. Harbour Guidance has decided to put Jeanswest in voluntary administration, appointing Lindsay Bainbridge, Andrew Yeo and David Vasudevan from Pitcher Partners melbourne. Jeanswest, established in perth in 1972, has grown to operate from more than 90…
DetailsThe last of eight companies within the sydney Investment House Group, alleged to have operated an unregistered managed investment scheme, have been placed in provisional liquidation. The New South Wales Supreme Court yesterday appointed Quentin Olde of Taylor Woodings as provisional liquidator to Sydney Investment House (Newcastle) Pty Ltd , following an application by the…
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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…
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Hudson’s Bay Company began liquidation sales on Monday, while temporarily excluding six stores from the initial process. Hudson’s Bay receives court approval for revised liquidation plan, excludes 6 locations. – Hudson’s Bay The Canadian retailer received court approval on Friday to move forward with a revised liquidation plan as part of its ongoing Companies’ Creditors…
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Rubik3 founder and director Guy Earnshaw: the business remained sound and operating. Photo: Region. Rubik3 founder and director Guy Earnshaw has moved to quash reports that the award-winning consulting and recruitment business he founded has gone bust. Mr Earnshaw said the business had been restructured in March to June 2022 to streamline its work, including…
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The Fox Friday Group has entered voluntary administration after its primary lender collapsed. The hospitality group has struggled to find a new lender or equity partner in time to avoid voluntary administration. Fox Friday has been a rising star in Australia’s craft beer scene since 2019 and is known for its hazy and American-style beers.…
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The perth office of Rockwell Olivier, part of the embattled ILH Group, has gone into administration. The Perth office of Rockwell Olivier, part of the embattled ILH Group, has gone into administration. On January 5, advisory and investment firm KordaMentha announced to the Australian Securities Exchange that the Perth Office of Rockwell Olivier…
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Crown Group has entered into provisional liquidation, and its co-founders, Iwan Sunito and Paul Sathio, have agreed to put aside a long-running dispute in an attempt to salvage what was once a big real estate developer. Andrew Sallway, business restructuring partner at BDO, was appointed as the company’s provisional liquidator on Thursday. He will have…
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A beloved craft brewery has entered voluntary administration following the collapse of its financial backer. Tasmania‘s Fox Friday Craft Brewery announced on Wednesday with ‘heavy hearts’ that McGrathNicol had been appointed as the administrator. The company started as a nano-brewery in the Hobart suburb of Moonah six years ago but has since grown to open venues across…
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The company that operates melbourne’s fine cuisine restaurant Dinner by Heston is under scrutiny amid concerns that workers have been underpaid. As the company puts itself in the hands of a liquidator, the Fair Work Ombudsman has accused it of failing to comply with a statutory notice to back pay worker entitlements. Fair Work had…
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