Latest Insolvency News

David Littleproud discusses climate change (Q&A)0:39 – The Advertiser - August 07, 2018

The Advertiser David Littleproud discusses climate change (Q&A)0:39 The Advertiser For good measure, David Littleproud added he doesn't “give a rats” whether climate change is man-made and said Australia should focus on keeping the “lights on” instead of switching to renewable energ.

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Shock amount FSG Australia owes creditors – Sunshine Coast Daily - August 07, 2018

Sunshine Coast Daily Shock amount FSG Australia owes creditors Sunshine Coast Daily The FEG scheme is a federal safety net for employees who lose their job due to liquidation or bankruptcy. While the scheme is a positive for former FSG employees, it means taxpayers face another FSG bill. Liquidators.

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Sci-fi fan faces sentencing for “idiotic, stupid” 3D printing of guns – Computerworld Australia - August 06, 2018

Computerworld Australia Sci-fi fan faces sentencing for "idiotic, stupid" 3D printing of guns Computerworld Australia Known as Steven, the 28-year-old is the first person in Australia to face sentencing for the possession of a “digital blueprint” of a 3D printed firearm. The law was introduced i.

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Australia: Unclaimed trust funds – Mondaq News Alerts - August 06, 2018

Mondaq News Alerts Australia: Unclaimed trust funds Mondaq News Alerts This was quite a peculiar predicament for us as insolvency practitioners to have. So, what does a liquidator do with funds held on trust? For unclaimed dividends, a liquidator must send them to the Commonwealth of Australia Conso.

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Australia: Loans for wages/salary can constitute a priority claim – Mondaq News Alerts - August 06, 2018

Mondaq News Alerts Australia: Loans for wages/salary can constitute a priority claim Mondaq News Alerts Contemplating a company's state of insolvency is a difficult position to be in. People's livelihood and relationships are at stake, and usually, all energy is going into keeping the cash.

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Remember That Time Microsoft Bailed Apple Out? – Gizmodo Australia - August 06, 2018

Gizmodo Australia Remember That Time Microsoft Bailed Apple Out? Gizmodo Australia Back in 1997 it was only months about from bankruptcy, until Microsoft helped out. A recent report by news.com.au has reminded us of just how much trouble Apple was in just a few years before the iPod was announced, a.

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