New filings reveal that the 90-store national retailer owes millions to its 600 staff and is sitting on nearly $776,000 in unclaimed gift vouchers.
Sean Smith
The liquidators chasing the tax office for $3.8m of payments made while former Mrs Mac’s Pies company allegedly broke in 2022.
Neale Prior
The former boss of Worx Group says he deeply regrets the company’s collapse as creditors look set to send the equipment hire business to liquidation.
Matt Mckenzie
Australia’s oldest dairy company is looking for its fifth owner in 20 years after being put on the market in the wake of a loan default by its Chinese parent.
Insolvency experts from McGrathNicol have been put into Brownes’ parent, Australian Zhiran, by the Hong Kong-listed China Mengniu Dairy Company, which is owed $200m.
Administrators of hydrogen hopeful Infinite Green Energy will have four weeks to bring together a restructure deal for the company, with the Supreme Court yesterday adjourning a liquidation bid.
The entertainment company behind the hit reality series Luxe Listings is on the rocks as its co-founders continue their lengthy battle over their Amazon deal.
Adelaide Lang
The debts of collapsed home builder Inspired Property Group can now be revealed, two weeks after the business hit the wall.
The business, which was founded over a century ago, collapsed into administration amid a tough operating environment for retailers.
Cheyanne Enciso
Michael Dunjey, the Perth promoter behind Ascent Investment, has been hit with more than 30 criminal charges after an exhausting investigation by the corporate watchdog.
Former Woodside boss Peter Coleman spearheaded moves to bring administrators into troubled hydrogen hopeful Infinite Green Energy.
A key shareholder in Zorzi Builders is set for a Supreme Court fight over unpaid debt just weeks after the luxury construction company entered administration.
Jeanswest is selling a pair of jeans every three minutes as administrators clear $20m worth of stock before they close down all of the collapsed retailer’s store.
Daniel Newell
The green energy hopeful has called in administrators after a rough 12 months, which included the departure of big-name directors last year.
Inspired Property Group was in talks with restructuring experts from McGrathNicol for seven weeks before plunging into administration with 87 homes unfinished.
Zorzi administrators flag corporate revival as more 100-plus tradies, suppliers agree to keep working on prestige builder’s projects.
Troubled home builder Inspired Property Group has collapsed into administration after months of mounting pressure.
The founding family and former owners of Zorzi Builders are set to claim debts of more than $3 million after the building empire’s shock demise.
The move from Enjo Australia boss Barb de Corti comes just five months after she scrapped a network of consultants that sold products through community connections.
Failed Sydney Beer Co, in which Australian cricket legend Brett Lee is a minor shareholder, owes more than 60 creditors nearly $10 million.
Shopping mall mainstay Jeanswest has become another victim of a pulback in discretionary spending as shoppers keep a closer eye o their budgets amid the cost-of-living crisis.
More details have emerged about the shock collapse of the prominent Perth luxury building brand.
The Zorzi family has spoken after the building company bearing their name was put into administration, just six years after exiting the business.
Administrators have been called in to rescue the company behind a famed Perth building empire.
