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Showing 41 - 50 of 84 results for "Voluntary Administration"

Sargon buyers tap former PEXA chief as adviser

KANIKA SOOD  |  FRIDAY, 1 MAY 2020
... Chinese lender, it put eight subsidiaries that hold its operating businesses (such as Diversa Trustees) in voluntary administration under EY to protect its interests. New York financier and Sargon investor Teddy Wasserman emerged as the buyer for operating ...

HUB24 also in line at Sargon

KANIKA SOOD  |  FRIDAY, 28 FEB 2020
... as first reported by Financial Standard. It has appointed KordaMentha as its advisers to oversee the voluntary administration process and has the right to appoint receivers and managers, according to the minutes. One of the eight companies, Sargon Services ...

Sargon companies in administration

KANIKA SOOD  |  MONDAY, 3 FEB 2020
Ernst & Young was this afternoon appointed as administrator for at least three Sargon-related companies, after the main holding company went into external administration last Wednesday. Sargon Superannuation Holdings, Sargon Services Pty Ltd and Sargon ...

Responsible entity declares insolvency

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2019
The responsible entity for the Australian Corporate Bond Trust has placed itself into voluntary administration. Theta Asset Management has appointed Worrells Solvency and Forensic Accountants as administrators of itself and Value Stream Investment Management. ...

Cerberus affiliate buys Aussie SME lender

KRISTI CHENG  |  TUESDAY, 24 SEP 2019
... L.P. has bought an Australian SME lender, Axsesstoday. The $259.7 million deal brings Axsesstoday out of voluntary administration, according to Deloitte, who led the sale. The SME lender entered into voluntary administration in April this year but has ...

Liquidation likely for Halifax

HARRISON WORLEY  |  FRIDAY, 15 MAR 2019
... firm, with signs pointing to liquidation. The firm - whose AFSL was suspended shortly after it went into voluntary administration in November 2018 - was found to have $19.7 million worth of deficiencies in client funds across the group, which is about ...

ASIC suspends online broker AFSL

KARREN VERGARA  |  TUESDAY, 15 JAN 2019
... until 10 January 2020. Halifax Investment Services had its licence suspended shortly after it went into voluntary administration. ASIC said the terms of the suspension will allow Halifax clients to have access to an external dispute resolution scheme. ...

IRESS sees profit in wealth management

DARREN SNYDER  |  THURSDAY, 20 AUG 2015
... $93 million in the first half of 2015 but profit was down 1% to $41.4 million, largely impacted by the voluntary administration and liquidation of BBY. IRESS chief executive Andrew Walsh said there was strength in the company's core businesses, including ...

Van Eyk collapse brings down AWI chairman

LAURA MILLAN  |  TUESDAY, 18 NOV 2014
... (AGM) AWI owns about a third of van Eyk, which went to liquidation in October. "Since vER entered into voluntary administration and was subsequently placed into liquidation by creditors I have been considering the impact those events have had on the ...

Van Eyk goes into liquidation

LAURA MILLAN  |  TUESDAY, 21 OCT 2014
... Australia to access van Eyk research, portfolio construction tools and model portfolios. Van Eyk entered voluntary administration on September 15, after its responsible entity, Macquarie Group, decided toA terminate nine funds under the Blueprint series. ...