Celebrity chef George Calombaris’ Made Establishment restaurant empire put into voluntary administration

Voluntary Administration

Celebrity chef George Calombaris has put much of his restaurant empire into voluntary administration. Advisory and investment firm KordaMentha has been appointed as administrators of 22 companies in the Made Establishment Group. Calombaris’ Made Establishment group, which KordaMentha says operates 12 restaurants and food venues in melbourne, is going into voluntary administration after a meeting…

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VFX and post business Cutting Edge enters liquidation

Liquidation

VFX and post-production business Cutting Edge has officially entered into a Creditors’ Voluntary Liquidation, less than a year after being announced as one of the first recipients of the Queensland Government’s $5 million Capital Grants program. According to a public notice from the Australian Securities and Investments Commission (ASIC), the company was placed into liquidation…

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Liquidator seeks EOIs for Adherettes sale

Liquidation

Port melbourne based signage and built-brand company Adherettes has gone into voluntary liquidation with its liquidators, Pitcher Partners, actively seeking expressions of interest for the sale of the former. Pitcher Partners liquidators Andrew Yeo and Gess Rambaldi are in the process of selecting a new owner for Adherettes and are calling on the last of…

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Theatre company in liquidation but the shows go on

Liquidation

A melbourne-BASED theatre company that has received more than $800,000 in federal government grants since December 2010 has gone into liquidation owing the Australian Taxation Office almost $700,000. HIT Productions, which is based in Beaumaris and run by 54-year-old actor-producer Christine Harris, entered liquidation on December 22 with debts totalling about $1.8 million. Liquidation: Christine…

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Home builder Porter Davis collapses affecting 1,700 homes, LLoyd Group enters voluntary administration

Voluntary Administration

Victorian-based home builder Porter Davis is going into liquidation, while a second construction firm has entered voluntary administration.  Key points: Porter Davis’ liquidators are looking for builders to take over customer contracts Dozens of public building projects are at risk in New South Wales and Victoria  More than 600 employees across both companies have been…

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Insolvency crisis continues, as embattled Sydney construction company collapses under weight of unpaid debts and building defect claims

Voluntary Administration

Beleaguered sydney home builder J+CG: Building & Construction Company has entered administration, owing tens of millions to both creditors and customers due to alleged building defects. The family-owned company began operations in 1994, and constructed multi-storey apartment buildings, office complexes and commercial and retail spaces. The home builder was put into administration in May amid…

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