JAKARTA, Indonesia – The economic impact of coronavirus crisis has been perceived. We have seen hundreds or even thousands of employees were laid off from their jobs, and most contractors stand their projects down because of strict restrictions during the pandemic. The next phase that we are currently facing is disputes, arising as the effect…
DetailsOfficials from the Communication Workers Union (CWU) and the Communications Electrical Plumbing Union (CEPU) are attempting to stifle mounting opposition to a pro-business restructure at Australia Post (AP), which threatens thousands of jobs and is already sharply increasing workloads. In recent weeks, Shane Murphy, the national president of the CEPUs communications division, has held meetings…
DetailsBy Wayne Robinson | 25 September 2020 The Sunshine Coast printing operation trading as Express Print & Mail took a five-year lease on its new 1400sqm Kunda Park premises on 1 April, before the company that had previously owned the business and the same name, was put into liquidation with debts listed at $4m. New…
DetailsBy Wayne Robinson | 18 September 2020 The company that was formerly Sunshine Coast based Express Print & Mail is in liquidation, with debts listed at $4m, however the Express Print & Mail business, including the brand itself, was sold prior to liquidation, and is now trading from a new address in nearby Kunda Park.…
DetailsIn what is definitely one of the more unfortunate social media blunders of the year, STA Travel travel has published a sponsored Facebook post advertising places to go in 2021. Yes, the same STA Travel that was placed in liquidation last month after being placed in voluntary administration, leaving many travellers in the lurch. Introducing…
DetailsTuesday, October 20, 2020 EXECUTIVE SUMMARY On 8 October 2020, the UK Government’s Insolvency Service issued areporton the state of pre-pack sales following the administration of insolvent UK companies (Pre-Pack Sales) and publisheddraft regulationsto require enhanced scrutiny of Pre-Pack Sales to connected parties during the administration process (the Draft Regulations). If the Draft Regulations are…
DetailsDuring the pandemic, The Buckeye Institute has proposed a number of commonsense policy solutions that have helped keep businesses open, helped keep Ohioans healthy, and have helped families put food on the table. Unfortunately, during these trying times, crushing debt has added to the struggles of thousands of Ohioans. While a variety of government programs…
DetailsAustralians living overseas repaid $127 million in HELP debt in 2019-20, an increase of $27 million on the previous year. In total $310 million has been repaid since the Morrison Government introduced overseas repayment obligations on HELP debts in 2016. Minister for Education Dan Tehan said Australias HELP loan scheme was among the most generous…
DetailsHOUSTON, Oct. 20, 2020 /PRNewswire/ –Yuma Energy, Inc. (OTC Pink:YUMAQ) (“Yuma” or the “Company”), together with its subsidiaries Yuma Exploration and Production Company, Inc., Davis Petroleum Corp., and The Yuma Companies, Inc. (collectively, the Company and the filing subsidiaries, the “Debtors”), announced today that its voluntary Chapter 11 petition for relief under the United States…
DetailsSmall and medium businesses (SMBs) that are facing insolvency shouldnt be subject to the same rules as other businesses, the Law Council of Australia said. The peak body of Australias legal profession said that Australia should move away from a one-size-fits-all approach under the Corporations Act of 2001. The Law Council said it was supporting…
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