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EVP wins $10.4M freezing orders against failed start-up StrongRoom AI
Restructuring & Insolvency 2025-04-01 11:38 pm By Cindy Cameronne

Venture capital fund EVP has secured a $10.4 million freezing order against pharmacy software start-up StrongRoom AI, after the company went into administration last week. 

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FWO urged to conduct national investigation into construction industry
Policy and Regulation 2025-03-28 11:08 pm By Cindy Cameronne

The workplace regulator should start a national probe into sexual harassment and the treatment of young workers in the construction industry, according to a forum convened by the employment minister.

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Fashion retailer Jeanswest collapses, to close over 90 stores
Restructuring & Insolvency 2025-03-26 11:26 pm By Julia Kanapathippillai

Clothing brand Jeanswest will close more than 90 stores across the country after being placed in voluntary administration for the second time in five years.

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Perth boutique builder Ultimo Constructions collapses
Restructuring & Insolvency 2025-03-26 1:29 pm By Christine Caulfield

Perth-based boutique builder Ultimo has entered liquidation, the latest construction company to go under as the industry faces rising costs and labour shortages.

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More claims may be on cards over $87M mixed-use Canberra development
Construction 2025-03-25 11:44 pm By Cindy Cameronne

Another fight over an $87 million mixed-use Canberra development may be on the cards, after the project’s liquidators won approval to assign potential claims against WSP and builder Construction Control over alleged stitch bolt defects.

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Star extends deadline for Salter Brothers $940M refinancing
Restructuring & Insolvency 2025-03-25 10:59 pm By Cat Fredenburgh

Star has extended the exclusivity period for a potential $940 million refinancing deal with Salter Brothers as the struggling casino operator races to head off insolvency.

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Dyldam’s former directors face $33M claims they misused company property
Construction 2025-03-24 5:42 pm By Cindy Cameronne

Former directors of collapsed Sydney developer Dyldam have been targeted by a liquidator over claims allegedly worth at least $33 million.

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Hall & Wilcox’s $19M bill under scrutiny by Hastie liquidators
Restructuring & Insolvency 2025-03-20 11:15 pm By Christine Caulfield

Hall & Wilcox faces a second suit by Hastie Group’s liquidators, which calls for review of nearly $19 million in costs the law firm billed for advising the failed engineering company in litigation.

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Clough directors can’t lift lid on Forge liquidator’s evidence for examination
Construction 2025-03-20 11:00 pm By Christine Caulfield

Directors of engineering company Clough can’t set eyes on evidence in support of a successful examination bid by Forge’s liquidator, two months before trial in the liquidator’s insider trading case.

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iProsperity liquidators sue developer of Ryde apartment project
Restructuring & Insolvency 2025-03-18 11:43 pm By Sam Matthews

The liquidators of collapsed fund manager iProsperity have filed court proceedings against the developer of an apartment project in Ryde.

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