ASIC has detailed three company liquidation notices in New South Wales today. There have been 335 in total this month. Sydney Exotic Aquariums Casula Pty Ltd (In Liquidation), ABN: 15649148014, Main Business Location: NSW 2000, Notice Date: March 28, 2024, Liquidator: Peter Paul Krejci Knickknack Percolate Pty Ltd (In Liquidation), ABN: 98603900107, Main Business Location:…
DetailsFrom 1 January 2021, Australias insolvency framework for small businesses changed. The purpose of the change was to assist small businesses, with debts under AUD $1 million, to survive specifically, by providing these businesses with simpler, more flexible restructuring options outside the existing one size fits all voluntary administration and scheme of arrangement processes available…
DetailsASIC has detailed three company liquidation notices in New South Wales today. There have been 335 in total this month. Sydney Exotic Aquariums Casula Pty Ltd (In Liquidation), ABN: 15649148014, Main Business Location: NSW 2000, Notice Date: March 28, 2024, Liquidator: Peter Paul Krejci Knickknack Percolate Pty Ltd (In Liquidation), ABN: 98603900107, Main Business Location:…
DetailsCommercial Content 21+ Former MMA coach James Krause, at the center of an alleged fight-fixing scandal, resurfaced over the weekend to announce he is massively in debt and now grappling with the real estate world. Im in over 5 million dollars of debt and dont lose a second of sleep over it, Krause wrote in…
Detailsby Sahar Foladi An industry leader cabinetry and joinery company in Dandenong South has been shut down after entering voluntary administration. The manufacturer, MadeCo made the initial move on 18 March and the business shutdown two days later which impacted over 30 MadeCo staff members. On Sunday 24 March the company made a public announcement…
DetailsDear Amy: I just learned that my wifes spending is out of control. Several years ago, she got into financial trouble with a credit card debt of around $6,000. She told me about it and I bailed her out. Last week, she said it had happened again. I took a look at her credit card…
DetailsThis article was co-authored with Queenie Mok. In our earlier Legal Update, we outlined the findings of the Parliamentary Joint Committee on Corporations and Financial Services Final Report on Corporate Insolvency in Australia. Recommendation 3 of the Report was a comprehensive review to consider and make recommendations on the options to enhance public interest…
DetailsASIC has detailed three company liquidation notices in New South Wales today. There have been 335 in total this month. Sydney Exotic Aquariums Casula Pty Ltd (In Liquidation), ABN: 15649148014, Main Business Location: NSW 2000, Notice Date: March 28, 2024, Liquidator: Peter Paul Krejci Knickknack Percolate Pty Ltd (In Liquidation), ABN: 98603900107, Main Business Location:…
DetailsKey Points Bankruptcy lasts for three years but the consequences can last much longer. Bankruptcy wont release you from all your debts. Always seek the advice of a financial counsellor. Bankruptcy is a legal process that helps you regain financial control by releasing you from most of your debts. It allows you to start fresh.…
DetailsASIC has detailed three company liquidation notices in New South Wales today. There have been 335 in total this month. Sydney Exotic Aquariums Casula Pty Ltd (In Liquidation), ABN: 15649148014, Main Business Location: NSW 2000, Notice Date: March 28, 2024, Liquidator: Peter Paul Krejci Knickknack Percolate Pty Ltd (In Liquidation), ABN: 98603900107, Main Business Location:…
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