George Calombaris’ Restaurants: Voluntary Administration

A series of restaurant rebrandings and a public apology for underpayment of staff has not been enough to save George Calombaris’ embattled hospitality group Made Establishment, which was placed into voluntary administration yesterday. Almost of all its venues will cease trading immediately, affecting 400 employees. Advisory firm KordaMentha announced Craig Shepard and Leanne Chesser have…

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Victorian builder plunged into administration affecting 100 homeowners

A Victorian builder has been plunged into administration, impacting almost 100 homeowners across the state. Montego Homes appointed insolvency firm Cor Cordis on Monday, citing the impact of rising building costs. “Given the challenges that the construction industry has faced recently including rising building costs, the directors made the decision to appoint Voluntary Administrators to…

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33-year-old Queensland construction company collapses into voluntary administration

  A Queensland-based construction firm that has been operating for more than 30 years has plunged into voluntary administration, owing unsecured creditors more than $10.8 million. Family-owned Carmichael Builders was founded in Dalby in regional Queensland in 1982. The firm grew rapidly, completing projects in regional areas and in brisbane, and in 2014, was employing…

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Brisbane apartment builder CMF Projects goes into voluntary administration

Award-winning brisbane apartment builder CMF Projects has been placed into voluntary administration. Liquidators David Clout and Patricia Talty were appointed late on Wednesday, but neither they or the company’s directors, Greg Campbell and Cameron Fidler, would comment. A statement on the company’s website informs subcontractors to collect their equipment from the sites of two projects…

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Fashion house that has operated since 1996 collapses into voluntary administration

A melbourne-based clothing manufacturer and wholesaler founded in 1996 has entered voluntary administration. LM Australasia started out producing and wholesale women’s lingerie before growing into a fashion house that specialised in seamless garments, including knitwear, tops, leggings and shapewear. The business is based in the Melbourne suburb of Collingwood and, in 2010, employed 20 staff…

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