Gourmet grocer and online food retailer The Essential Ingredient has collapsed into administration. The food supplier, which has been in operation for 38 years, entered voluntary administration on Thursday and PricewaterhouseCoopers (PwC) has been brought in to oversee the company. The Essential Ingredient will continue to trade business while it undertakes a sale process. Gourmet…
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THE company behind Subiaco night spot Purl Bar has gone into voluntary administration. It comes three years after owners Bert Mondello and Damien Wilson took over the bar, with hopes to “bring a bit of Mount Lawley flavour to Subiaco”. It was their first foray into hospitality. Confidential understands the duo closed the doors after…
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Nourish Food, the melbourne-based kids snack food company behind the Whole Kids brand, is urgently seeking a buyer and appointed voluntary administrators after a deal with a “major strategic partner” fell through. Monica and James Meldrum founded Whole Kids in 2005 after seeing a gap in the market for organic, plant-based and additive-free snacks for…
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One of brisbane‘s biggest live music venues has gone into administration, with its future likely to be decided within the next four weeks. The Hi-Fi Bar at West End, along with its counterparts in sydney and melbourne, went into administration on Thursday following a dispute with a creditor. The Hi FI has hosted acts such…
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The melbourne Star Observation Wheel has often been derided as a poor imposter of the London Eye, and occasionally ridiculed for spending more time stagnant than in motion. For many, it was a symbol of the promise of Docklands that was never delivered. However, now Melbourne faces the far-worse prospect of a permanently-stagnant wheel by…
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Rebels players huddle after scoring a try. Photo: Photosport Rugby Australia is committed to getting the melbourne Rebels on the field for the 2024 Super Rugby Pacific season after the organisation entered voluntary administration on Monday night. Rugby Australia ceo Phil Waugh says the Rebels’ players and staff will be supported through this time. “As…
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CELEBRITY chef Adriano Zumbo’s dessert empire will continue trading while under voluntary administration, the group’s administrator says. Camera IconAdriano Zumbo Credit: PR IMAGE DW Advisory principals Justin Holzman and Anthony Elkerton were appointed voluntary administrators on July 22 to manage three of Mr Zumbo’s businesses. The three companies employ about 130 people and operate five…
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A Russian-born businessman and his wife based on Queensland’s gold coast have been told they face jail unless they repay tourists they “ripped off” through their outback car rental company, Australian 4WD Hire. Key points: Former company controllers Vitali Roesch and Maryna Kosukhina have 21 days to repay customers They are liable to imprisonment or other…
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Sara Lee, the household name behind frozen cheesecakes, pies, crumbles and ice creams, has appointed voluntary administrators after suffering higher operating costs and supply chain issues that disrupted operations over the past 12 months. Established in Australia in 1971, the dessert manufacturer yesterday appointed FTI Consulting’s Vaughan Strawbridge, Kathryn Evans and Joseph Hansell as administrators…
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A gold coast businessman is in custody awaiting sentencing after he followed a plan to illegally strip his telecom company of money and assets before it went bust. Key points: With the advice of two pre-insolvency advisers, Richard Ludwig arranged to illegally smuggle more than $740,000 out of his company Cap Coast Telecoms before it…
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