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Warning shot frightens directors into action on debt

The ATO’s threat of an imminent penalty notice has resulted in inquiries running hot at insolvency specialists.  A warning shot at thousands of directors with company debts has found its mark accor ....

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Pivotal Homes collapse: Family fears their $18,000 new home deposit is gone for good

A family is one of a number of Aussies in dire straits after construction firm Pivotal Homes went under on Thursday. The company cited labour and construction costs as being behind the closure. ....

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Forum Group goes on the block following Westpac lawsuit against company director


The business was put up for sale on the Instruction of Voluntary Administrators, Domenic Calabretta, Thyge Trafford Jones and Grahame Ward from law firm Mackay Goodwin after the company entered voluntary administration on Monday 11 July.
Four Forum Group-related entities have been issued winding up applications from Westpac, namely Forum Enviro Pty Ltd, Forum Enviro (Aust) Pty Ltd, Forum Group Pty Ltd and Forum Group Financial Services Pty Ltd. The bank is represented by MinterEllison.
Mackay Goodwin did not respond to CRN’s request for information.
Founded in December 2011 as an IT managed services group focusing on office printers and copiers, Forum Group then expanded into accounts payable and paperless document systems. ....

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