Company collapse: Boss goes to Vegas, staff lose thousands – Rockhampton Morning Bulletin

EX-STAFF of a prominent Mooloolaba restaurant will only receive about 13 cents for every dollar of superannuation they’re owed by former boss Todd Young. Mr Young hit Las Vegas with his partner just days after winding up Todd Young Investments Pty Ltd on December 29, 2015. His company operated Bella Venezia restaurant at Mooloolaba through…

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Local business notes: Family Christian liquidation includes local store – The State Journal-Register

Tim Landis Business Editor @TimLandisSJR A more-than-two-decade tradition in the Parkway Pointe Shopping Center in Springfield is coming to an end with this week’s liquidation announcement from FAMILY CHRISTIAN STORES. The not-for-profit cited changes in consumer book-buying habits and falling sales in the decision to liquidate the 85-year-old company by closing more than 240…

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BROKE: 66 declare bankruptcy on the Coast in 3 months – The Sunshine Coast Daily

ONE-hundred-and-thirty-eight people in the Sunshine Coast and Noosa region have filed for bankruptcy or started personal insolvency activity in the December quarter of 2016. Of those 138, 66 filed for bankruptcy and 59 started a debt agreement and personal insolvency with debtors. A further 13 in the Sunshine Coast hinterland were counted in the total…

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Haitong Bank Brings Forward Its Global Restructuring Plan – Business Wire (press release)

LISBON, Portugal–(BUSINESS WIRE)–Haitong Bank, 100% wholly owned by Haitong Securities, a company listed in the Shanghai and Hong Kong Stock Exchanges, will initiate a global restructuring plan in the beginning of March 2017, called Haitong Bank 2025. This initiative aims to align the investment Banks positioning with the new trends shaping the sector as well…

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