Plumbing giant Richstone had just $61 in its bank account when it plunged into administration - and owes a staggering amount
Richstone Group Pty Ltd went into liquidation in June after a failed restructuring attempt to keep the business afloat.
Stay updated with breaking news from Voluntary Administration. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Richstone Group Pty Ltd went into liquidation in June after a failed restructuring attempt to keep the business afloat.
Despite attempts to save the Brisbane-based technology and diamond tracing company, Everledger Australia has been placed in liquidation with unsecured creditors totalling $AU19,178,371.
Current Situation The RSSA was originally formed as an advocacy group to help support the two skifields Whakapapa and Tūroa on Mt Ruapehu to emerge from Voluntary Administration stronger and more financially sustainable for the entire community of mountain users. ...
Customers of the firm's subsidiaries Builders Eight Homes and Urbanedge Homes will have their new builds delayed for at least five weeks as administrators work to restructure the company.
Major beauty and wellness company BWX has been placed into voluntary administration, effective immediately.