Children’s clothing retailer Rhubarb collapses into voluntary administration
Originally founded in 2002 as a homewares designer and importer, Rhubarb Enterprises began selling children’s clothing and products in 2008 from its first retail store in Doncaster in Melbourne’s eastern suburbs. Within 4 years there were six Rhubarb stores operating…
Read moreEmployee concerns over rising business administrations
The rising number of voluntary administrations across Australia has led to concerns for the personal finances of employees who work for businesses wavering on the brink of insolvency. According to the Australian Securities Investment Commission (ASIC), there was a 28%…
Read moreLiquidate a Company with a Licensed Practitioner
If you are looking to liquidate a company, you must ensure that the practitioner who handles the process is registered and highly experienced. Only people with the relevant education and qualifications can become registered liquidators with the Australian Securities and…
Read moreAustralian Construction Industry at Risk of Insolvency
On 4 December 2014, the Senate announced a national inquiry into the scale and incidence of insolvency in the Australian construction industry. The inquiry and report – to be conducted by the Senate Economics References Committee by 11 November this…
Read moreLooking for Business Insolvency Advice?
Is your company struggling financially? Are you in need of insolvency advice for your business? If you are looking for professional corporate insolvency advice from experts in debt management, Australian Insolvency Services (AIS) can help. AIS is a team of…
Read moreUnderstanding Liquidation Costs
If you are considering placing your company into voluntary liquidation you have come to the right place. At Australian Insolvency Services we specialise in the field of company liquidations and have helped countless Australian businesses through the process. The liquidation…
Read moreCorporate Insolvency Specialists
If your business is engulfed by debt and struggling to make ends meet, you need to take swift action to protect yourself and your stakeholders. Businesses can find themselves in trouble through no fault of their own, and often end…
Read more80% of Businesses Fail Within First Year and a Half
According to Bloomberg Business, a whopping eight out of ten start-up businesses fail within the first 18 months of operation. This means that even if you are a budding entrepreneur who has come up with what you believe is an…
Read morePaid International Enters Voluntary Administration
Loans company Paid International, a former Smart50 finalist that turned over one million in revenue in its first year of trading, has collapsed into voluntary administration. The company, which was founded by Tim Dean in 2009, turned over $12.3 million…
Read moreAustralian Personal Insolvency Specialists
Australian Insolvency Services is a specialist insolvency firm, managing both corporate and personal insolvency assignments. Offering services in company liquidation and administration, as well as personal insolvency, bankruptcy and its alternatives, we are Australia’s leading personal insolvency specialists. Our focus…
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