A farming business with operations across Australia has entered voluntary administration, putting some 500 jobs at risk. HS Fresh Food, which specialises in fresh salads, ready-made meals, snacks, food-to-go and pre-prepared vegetables products, collapsed on June 14, with FTI Consulting administrators Vaughan Strawbridge, Joanne Dunn and Ben Campbell brought in to restructure the troubled company.…
DetailsTasmanian-headquartered food business HS Fresh Food has been placed into voluntary administration, with a sale or restructure of the business likely. HS is a major supplier of salads and fresh produce to Coles and Woolworths and the parent company behind the brands Houstons Farm, Sunfresh, Gourmet Selections and HS Fresh Farms. Advertisement Administrators from FTI…
DetailsIn May 2024, the number of registered company insolvencies in England and Wales was 2,006, 6.4% lower than in April 2024. The worst hit sector was construction, accounting for 18% of company collapses, with 4,401 insolvencies in the 12 months to April 2024, reaching a total of 4,401. There is also a stark reminder that…
DetailsFisker was once seen as a potential challenger to Tesla, however, the company by Danish car designer Henrik Fisker never reached a comparative size and fell far short of (its own) expectations in terms of unit sales. And it had been struggling for a long time: the companys great hope, the Ocean electric SUV, was…
DetailsOn the ropes due to a lack of consumer spending in its international markets, UK-based party goods manufacturer and retailer Wonder Group (formerly Amscan International) is on the verge of entering into administration. According to reporting from Sky News from yesterday, Wonder is preparing to appoint an insolvency advisor to see it through the UKs…
DetailsThe family has raised questions after a father of three went overboard from a cruise ship after losing $9,000 over two nights on the P&O Pacific Adventure. Shane Dixon, 50, first lost $5,000, then borrowed money off his mother and lost another $4,000. Dixons family maintained he was lured by high-roller incentives into losing the…
DetailsMy father was a compulsive gambler. I am a gambler, and I have occasionally used a credit card to find an online gambling account in Pennsylvania. State Sen. Wayne Fontana wants to prevent me or anyone else from doing that. He is right. The longtime suburban Pittsburgh lawmaker recently introduced Senate Bill 1159, intended to…
DetailsA 16-year-old Melbourne boy was able to gamble nearly $100,000, including at suburban pubs, despite his mother desperately seeking help, a court has heard. The Melbourne magistrates court heard that when his mother discovered his gambling habits, she began a frantic mission to get him help, only to be repeatedly turned away. In April last…
DetailsLast week I scored a trifecta, managing to upset people in three ways. First, for my supposed anti-immigration stance, second, for hating on Elon Musk (the bromance is still strong with some readers, even though his car company is as bad as the rest in terms of spying on drivers) and, finally, from animal lovers…
DetailsBreakfast Seminar | Event | Canberra This event will be held on Thursday, 14 March 2024. We are delighted to extend a special invitation to you for our upcoming seminar Insolvency Trends, Small Business Restructuring, Industry Pressures & Solutions focused on providing a comprehensive update on the insolvency market, small business restructuring, and addressing critical…
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