Chef Shannon Kellam’s Brisbane bakery empire collapses into liquidation, taking Mica and King St Bakery with it

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Top Queensland chef Shannon Kellam’s BCN Events Group bakery and cafe empire has collapsed. After serving up delicacies and offering culinary education across Brisbane for years, it entered voluntary liquidation on Tuesday, affecting seven beloved businesses and dozens of staff. Advisory and restructuring firm McGrathNicol partners Mark Holland, Jamie Harris and Anthony Connelly have been…

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Newly built waste treatment plant collapses into voluntary administration

Voluntary Administration

  A newly constructed waste treatment plant in melbourne that treats industrial waste and contaminated soil has gone into voluntary administration, owing secured creditors about $83 million.  Renex Industries and its various subsidiaries entered voluntary administration on October 9, with administrators Rahul Goyal, Craig Shepard and Richard Tucker of KordaMentha appointed to manage the administration…

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‘An absolute tragedy’: Popular Aussie brewery, Black Hops Brewing, nears collapse

Voluntary Administration

Black Hops Brewing, an acclaimed Australian brewery stocked in bottle shops across the country, has decided to enter voluntary administration due to escalating tax debts. The move comes as a shockwave amid a surge of breweries facing similar financial strains, marking a significant setback for the company’s operations. The gold coast Bulletin reported on Thursday…

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Shares in Star Entertainment suspended from trade as casino operator remains on brink of collapse

Voluntary Administration

Shares in Star Entertainment have been suspended from trading on the stock exchange after it failed to lodge its financial results. Exchange operator ASX automatically suspended shares in Star on Monday morning after the casino operator missed Friday’s deadline for issuing its earnings update for the first half of the financial year. The future of…

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