Results for Oceania
- Car Dealer Comes To Screeching Halt With $80 Million Debt
One of Sydney's most famous car dealers, with a sprawling dealership that has become a city landmark, has hit a roadblock, The Sydney Morning Herald reported. Rick Damelian's Damelian Group, which made headlines when it unsuccessfully tried ...
Daily Headline - global.abi.org - 09/07/2011 - 22:00 - 0 comments
- Rowley-Skinner Company In Receivership
The Wellington accountancy firm at the centre of multimillion-dollar fraud allegations against its owners has been placed in receivership and put up for sale, Stuff.co.nz reported. On Friday, Deloitte was appointed receiver of TPS Accounting – known unti ...
Daily Headline - global.abi.org - 09/06/2011 - 22:00 - 0 comments
- Receivers' Care After Hubbard's Death
The death of Timaru financier Allan Hubbard makes little difference to the ongoing sale of his businesses - but compassion is being exercised, The New Zealand Herald reported. Kerryn Downey, South Canterbury Finance receiver at McGrathNicol with Will ...
Daily Headline - global.abi.org - 09/05/2011 - 21:30 - 0 comments
- Nathans Finance Directors Jailed
Two directors of the failed Nathans Finance company have been sentenced to terms of imprisonment in the High Court at Auckland today, while one of their colleagues will serve a term of home detention, The New Zealand Herald reported. Company chairman ...
Daily Headline - global.abi.org - 09/01/2011 - 22:31 - 0 comments
- Serepisos Wants To Work With Insolvency Specialists, Court Told
Wellington property developer Terry Serepisos has had bankruptcy proceedings against him adjourned so he can organise the sell-down of over $230 million worth of property, The National Business Review reported. John Billington, Mr Serepisos' new ...
Daily Headline - global.abi.org - 08/29/2011 - 22:36 - 0 comments
- Avastra Sleep Centres Limited (in Liquidation)
Thu, 06/09/2011 Bankr. C.D. Cal. Smith ...
Chapter 15 New Filing - abi_admin - 08/29/2011 - 09:57 - 0 comments - 0 attachments
- High Court Gives Serepisos More Time For Sell-Up Plan
Troubled Wellington property developer Terry Serepisos has been given a bit more time to convince creditors he can orchestrate an orderly sale of his assets with a surplus of some $30 million, The New Zealand Herald reported. Associate Judge David Ge ...
Daily Headline - global.abi.org - 08/28/2011 - 21:44 - 0 comments
- $200 Million Tourism Development Goes Into Receivership
The Queensland Government says there was nothing it could do to prevent one of the biggest tourism developments at Airlie Beach, in the Whitsundays region of the state's north, from going into receivership, ABC News reported. Administrators took con ...
Daily Headline - global.abi.org - 08/25/2011 - 22:00 - 0 comments
- Australian Property, Long an Outlier, Joins Decline
One of the few bright spots in real estate amid a three-year global slump, Australia now faces falling home prices and fears of overbuilding, The Wall Street Journal reported. A downturn in Australia's real estate market will add to concerns of ...
Daily Headline - global.abi.org - 08/23/2011 - 22:43 - 0 comments
- Administrators Struggle With Voluntary Administration Procedure
Confusion reigns around the administration of a landmark Auckland wedding venue and restaurant, with the owner puzzled over what has happened to his business of 28 years, Stuff.co.nz reported. The case is one of nearly 100 voluntary administrations agree ...
Daily Headline - global.abi.org - 08/21/2011 - 18:40 - 0 comments