Insolvent trading probed as former Rivers, Noni B owner in liquidation
Creditors have voted to liquidate the former owner of iconic retail chains including Rivers, Millers and Noni B amid investigations it traded insolvent before the $367m collapse.
Company Collapses
The latest news on Queensland company collapses
‘I’ll have to go bankrupt’: Franchisees stung in fast food chain collapse
A national fast food chain has collapsed, with its management company in liquidation under a mountain of debt and at least one franchisee facing bankruptcy
Hollywood-linked Aussie film company crashes, owing $3.7m
One of Australia’s leading post-production houses, which has worked on blockbuster films including Aquaman and Pirates of the Caribbean, has collapsed under $3.7m of debts.
‘Glass ceiling smasher’ developer’s company collapses owing $19m
A Sunshine Coast development company, run by a self-proclaimed “remarkable female property developer” has gone into liquidation, owing more than $19m to subcontractors, lenders and the tax office.
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200 jobs lost, clients left waiting as national truck company goes bust
A national trucking company has gone bust, with about 200 employees stood down, customers left waiting for orders and administrators conducting an urgent review into its future.
Fast food empire faces liquidation bid as glam founders tour Australia
The ATO is seeking to wind up a key company in national fast food group, but it hasn’t stopped its glamorous founders from embarking on a national tour to recruit new franchisees.
‘Shocking meals’: Chinese restaurant’s plan to stay open after liquidation
A Chinese restaurant in Sunnybank Hills, with just 2.9 stars on Google, has entered voluntary liquidation, and operators have revealed the plan to keep the doors open.
ATO owed $3.4m by collapsed private hospital
A private hospital in Brisbane owed almost $3.4m to the ATO when it collapsed last month. Read what else administrators have found
Queensland college collapses into administration
Creditors owed more than $1.6m by a Qld college are set to decide if they’ll let another company take it over, or if it should be liquidated.
Administrators pull the plug on private hospital
A private Brisbane psychiatric hospital that has been operating for almost 50 years will be `wound down’ after administrators failed to find a buyer.
Healthscope in administration: 37 private hospitals impacted
Australia’s second largest private hospital operator is in administration after lenders swooped over a staggering debt pile. Here’s what it means for hospitals, staff and 8700 surgeries schedled this week
Liquidation crisis: One in 10 hospitality businesses gone
Australia’s hospitality businesses are struggling to stay keep their doors open, with new data showing one in 10 were forced to shut their doors in the past year.
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