Celebrity chef Heston Blumenthal’s flagship melbourne restaurant has been placed into voluntary administration. Dinner By Heston was handed to provisional liquidators on Friday after a Federal Court hearing in sydney. Court orders state an application was made to wind up the company behind the restaurant, “on grounds of insolvency”. Papers filed with the Australian Securities…
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The collapse of a high-end melbourne construction group has dramatically expanded with dozens of additional employees sacked as four more companies go bust. VCON, known for its award-winning projects across Melbourne including winery Jackalope on the Mornington Peninsula and apartment block Fawkner House in South Yarra, collapsed into liquidation late last year. The Herald Sun…
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Albert Park Leisure, which until recently owned South melbourne bar Albion Rooftop, called in the liquidators earlier this month. The Herald Sun revealed in early February the Albion, located on York St, had been sold to nightclub and entertainment business District 14. Corporate records list businessman Matt Darcy, brother of media identity and ex-AFL player…
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This article is from the Australian Property Journal archive THE future of Australia’s tallest-tower-to-be is doubt, with more reports emerging of developer Beulah struggling financially with the mammoth $2.7 billion project. Malaysia-backed developer Beulah International has been plotting the dual-tower Sth Bnk by Beulah, on the edge of melbourne’s CBD, with the taller of the…
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It’s not been an easy year or so for the craft brewing industry, with several much-loved operations closing their doors, selling up or merging to keep the lights on. However, one brewer that’s gone from strength to strength is Sydney Brewery, which has just announced its acquisition of Alexandria’s Rocks Brewing Company. Having entered voluntary…
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Symons said they only trained for Esprit Racing and that the company bought horses – “specked them at the sales” – and then sold shares in them. “They never advanced [us] anything,” Symons told this masthead on Friday. “It’s bullshit. And the people that are in those horses are going to come forward and say…
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The parent company of clothing brand Jeanswest has gone into voluntary administration, with plans to shut all of its stores putting 600 jobs at risk. Harbour Guidance Pty Ltd, a subsidiary of a Hong Kong company owned by clothing and textiles mogul Chun Fan Yeung and his family, had previously placed Jeanswest into administration five…
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Whyalla steelworks was losing $1.5 million a day before being put into voluntary administration and owes creditors $1.34 billion, including $570 million to entities owned by British industrialist Sanjeev Gupta, which administrators have flagged as a disputed claim. The steelworks in South Australia was plunged into voluntary administration two weeks ago owing employee entitlements of…
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Austrans is not the first business associated with O’Shea that has collapsed.Credit: Instagram O’Shea, who took over the 37-year-old business from his father, said it had been sabotaged by a rival transport company, which he accused of illegally suspending its services to derail Austrans and its holding company, Vermile Pty Ltd. “I categorically deny all…
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FLETCHER Jones in Harbour Town will be the only West Australian victim as the company closes one-third of its stores across the country. The company’s voluntary administrator Cor Cordis today said the company’s perth and Joondalup-based stores, and 28 across the country, will continue to trade as normal. Nationally, 61 staff – 53 retail and…
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