Ernest Hillier, the iconic Australian chocolate brand that claims to be the country’s “longest continuously operating confectioner”, has collapsed. The Victorian-based company went into voluntary administration, attributing the decision to the rising cost of both raw materials and shipping. Twenty staff have been stood down as a result. Australian chocolate brand Ernest Hillier has gone…
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DetailsMexican airline Interjet, the largest foreign buyer of the Russian regional jets Sukhoi Superjet SSJ-100, declared officially bankrupt. On May 31, an auction started in Mexico to sell the carriers assets, as reported by the Russian newspaper Kommersant. The total value of the auctioned movable property, including office equipment, is estimated at $105 million, with…
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DetailsBrussels, 21 June 2023 FTI Consulting, Inc. (NYSE: FCN) today announced the continued investment in its Corporate Finance & Restructuring segment in Belgium with the appointment of business transformation expert Jean-Michel Mollo. His arrival marks the launch of the firms Business Transformation practice in the Belgian market, complementing FTI Consultings established strategic communications offering. Mr. Mollo,…
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DetailsOne of Australias oldest chocolate brands, Ernest Hillier Chocolates, has gone into voluntary administration. Its parent, Chocolate & Confectionery Company, said rising raw materials and shipping costs had significantly impacted margins. Alan Walker and Glenn Livingstone from WLP Restructuring Partners have been appointed as the administrators and are seeking urgent expressions of interest from parties…
DetailsAlan Walker and Glenn Livingstone have been appointed as Voluntary Administrators to Chocolate & Confectionery Company and its related entity that owns and manufactures Ernest Hillier Chocolates, one of Australias oldest chocolate brands. Following rising raw materials and shipping costs which significantly impacted the companies margins, voluntary administrators were appointed. The businesss distribution network spans…
DetailsSTATE OF NORTH DAKOTA IN DISTRICT COURT COUNTY OF BURKE NORTH CENTRAL JUDICIAL DISTRICT North Dakota Agriculture Commissioner, Petitioner, -vs- Pipeline Foods, LLC; and Atlantic Specialty Insurance Company; Respondents. Case No. 07-2023-CV-00019 NOTICE OF NORTH DAKOTA AGRICULTURE COMMISSIONER, ACTING BY AND THROUGH THE NORTH DAKOTA DEPARTMENT OF AGRICULTURE, AS TRUSTEE AND NOTICE TO FILE CLAIMS…
DetailsA bankrupt former deputy mayor had questions of his own when declining to participate in an interview with police over an alleged fraud. Salim Mehajer, 37, repeatedly told police he was not participating in a recorded interview in January 2021 and maintained his innocence as he answered questions from and asked them to NSW Police…
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