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Showing 21 - 30 of 74 results for "Voluntary Administration"

E&P pulls the plug on DASS

KARREN VERGARA  |  WEDNESDAY, 19 JAN 2022
... actions and regulatory problems, the troubled superannuation subsidiary of E&P Financial Group is now in voluntary administration. PwC has been called in as voluntary administrators of Dixon Advisory and Superannuation Services, parent company E&P Financial ...

Centuria launches unlisted fund

KARREN VERGARA  |  THURSDAY, 10 JUN 2021
... the Victorian government partnered with the now-defunct construction company Grocon, which went into voluntary administration in November 2020, to revitalise 1 McNab Avenue, Footscray, as a government work precinct. Centuria joint chief executive Jason ...

Halifax auditors face criminal charges

ELIZABETH MCARTHUR  |  TUESDAY, 8 JUN 2021
... deficiencies in the business' risk management and compliance processes in April 2013. The firm went into voluntary administration in November 2018 with $19.7 million of client funds having been used to cover operating costs, according to Ferrier Hodgson's ...

Former van Eyk chief charged

JAMIE WILLIAMSON  |  FRIDAY, 21 MAY 2021
... Research. Thomas is facing fines of up to $340,000 or up to five years in prison per count. After entering voluntary administration in September 2014, van Eyk went into liquidation the following month. These actions followed Macquarie's decision to axe ...

Responsible entity fined $2m

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... funds available for distribution by the liquidator of Theta to its creditors. Theta placed itself into voluntary administration in December last year and appointed Worrells Solvency and Forensic Accountants as administrators of itself and Value Stream ...

ASX-listed fintech to buy Wirecard

ELIZA BAVIN  |  MONDAY, 14 SEP 2020
... transactions and mobile payments. The deal comes after the Australia/New Zealand Wirecard business going into voluntary administration in July 2020. McGrathNicol and BDO were appointed voluntary administrators. Change Financial said the Aust/NZ business ...

Bain Capital begins restructure reckoning

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
... Backed by Bain Capital's $150 billion in assets under management, Virgin Australia will emerge from voluntary administration with a strong balance sheet "worthy of an investment grade rating", the ASX release said. "Virgin Australia has been a challenger ...

Ombudsman demands changes for small business insolvencies

ANNABELLE DICKSON  |  TUESDAY, 21 JUL 2020
... spoken with a range of registered liquidators who have indicated the minimum cost of a straightforward voluntary administration is about $12,000, while the average is closer to $50,000," Carnell said. Furthermore, the ombudsman recommends establishing ...

Administrators appointed to IPO Wealth

ELIZABETH MCARTHUR  |  TUESDAY, 23 JUN 2020
... Wealth Fund's trustee that could affect investor positions," Cor Cordis partner Darryl Kirk said. "The voluntary administration process provides an opportunity for the assets of the company to be preserved while restructuring options are canvassed. ...

TradeFloor acquires tech solutions

ALLY SELBY  |  MONDAY, 11 MAY 2020
... stockbroker OpenMarkets as well as the technology behind CCUBE's wealth management solutions, following CCUBE's voluntary administration in the midst of the COVID-19 crisis. TradeFloor managing director Ivan Tchourilov said the acquisitions would enable ...