21 Sep Restructuring a Plumbing Contractor with a $775,000 ATO Debt
A plumbing contractor with more than 60 employees and over $10 million in turnover reduced about $975,000 of debt to about $256,000 through small business restructuring....
A plumbing contractor with more than 60 employees and over $10 million in turnover reduced about $975,000 of debt to about $256,000 through small business restructuring....
An aquarium supplies retailer trading online and from a showroom reduced about $336,000 of debt to $76,200 through a small business restructuring plan....
A restaurant employing 29 people reduced about $795,000 of debt, including $715,000 owed to the ATO, to about $179,000 through a small business restructuring plan....
An NDIS provider with more than $2 million owed to the ATO was restructured through voluntary administration and a deed of company arrangement funded from trading profits....
Receivers and managers appointed by a secured lender stabilised a 16-level Melbourne CBD office building, ran a competitive EOI campaign and sold it to a developer....
Capability: Insolvency, Restructuring & TurnaroundIndustry: TourismAppointment: Voluntary Administration followed by Liquidation Overview Subsidiaries of an ASX listed Company that operated high-end duty-free retail outlets for inbound Chinese tourists. The business had built...
Capability: Insolvency Industry: Childcare Appointment: Creditors’ Voluntary Liquidation Overview The company used to run a childcare centre. It closed some years ago after a dispute with the landlord. The company then received a statutory...
Capability: Insolvency, Restructuring & TurnaroundIndustry: Professional ServicesAppointment: Voluntary Administration followed by Liquidation Overview The company was the Australian subsidiary of a New Zealand insurer. It offered deposit guarantee (deposit bond) products to...
Capability: InsolvencyIndustry: PropertyAppointment: Receivership - Working with secured (private) lenders Overview The company in property development was unable to repay its secured lender a loan in excess of $40m and the loan...