by Trade Credit Risk | Jan 16, 2020 | Blog
National fashion retailer Jeanswest has collapsed into administration, becoming the latest major retailer to fall on tough times in recent weeks. The business, which employs 988 people and has 146 stores across the country also has a number of international stores,...
by Trade Credit Risk | Dec 3, 2019 | Blog
The company behind famous retail brands Australian Geographic and the Co-op Bookshop has entered voluntary administration owing more than $15 million to toy sellers and publishers. The administrators confirmed they were investigating payments made to a major supplier...
by Trade Credit Risk | Nov 21, 2019 | Blog
A national restaurant institution has called in administrators with some staff told several locations will not open its doors again. Italian chain Criniti’s is the latest hospitality institution to fall victim to the weak economy and crippled consumer spending after...
by Trade Credit Risk | Nov 21, 2019 | Blog
The Victorian Government has proposed tough laws that will act on deterring illegal “phoenix activity” – where construction firms declare bankruptcy as a way out of trouble before restarting as a new entity and continuing to trade. Expanded powers will be given to the...
by Trade Credit Risk | Aug 1, 2019 | Blog
One of Sydney’s largest property developers, Ralan Group, has entered into voluntary administration, leaving billions of dollars worth of apartment projects in doubt and around $500 million owing to creditors. Administrators Grant Thornton said they would...
