PwC Australia has completed a deal to acquire key partners and staff from PPB Advisory, bolstering the firm's corporate restructuring and deals business, as well as partners and staff from Litmus G
Digital media company migme has been placed into administration, 10 months after its plan to sell the business to a US-based investment group fell through.
Major Perth architecture practice JCY has been placed into liquidation after being hit by the slowdown in work volumes, pricing pressures and losses on the Perth Children's Hospital.
Three interconnected waste management businesses in Perth face a sudden change of fortune after Aurigen Group went into voluntary administration, a Thai company bought the Brockwaste plant in Shenton Park, and listed company AnaeCo positioned itself to work on the planned restart of the plant.
Dogged legal action led by Fremantle-based Primary Securities has given investors in a failed Willmott Forests scheme the prospect of getting a return on their money.
Troubled broadcaster Ten Network has secured a $30 million funding package so that it can keep operating while receivers and managers look to sell or recapitalise the business.
Contractor Indigenous Construction Resource Group has suffered two setbacks, with its half-owned joint venture ICRG North expected to go into liquidation owing creditors about $4 million.
Mobile phone retailer Allphones has closed 18 stores and made 69 people redundant after it collapsed into voluntary administration, putting at risk the jobs of hundreds more employees around Australia.
An ambitious waste recycling project using technology developed by ASX-listed AnaeCo and jointly built by contactor Monadelphous Group has gone into administration.
Pankaj and Radhika Oswal are close to settling their legal battle with ANZ Banking Group, but are unlikely to end up with the $1.5 billion to $2.5 billion they wanted.
Julian Ford has been appointed as independent non-executive chairman of Black Mountain Resources. Mr Ford was most recently senior consultant at PPB Advisory.
An independent expert's report into Atlas Iron's debt restructure plan has found lenders would get a much lower dividend if the scheme isn't approved by creditors later this month.
Troubled mining group FairStar Resources has been put in the hands of receivers and managers with the appointment of PPB Advisory's Simon Theobald and Melissa Humann.
Tony Poli's Aigle Royal Developments will revive the long-stalled Port Geographe development near Busselton, after it bought a 59-hectare tract of land in a deal worth $13.5 million.
Mining services company ADG Global Supply has been placed in the hands of administrators, after struggling to deal with the collapse of major client African Minerals.
Aquila Resources founder Tony Poli has emerged as a potential buyer for the Port Geographe development, in a move that could breathe new life into the long-stalled coastal project.
A buyer is understood to be circling the Port Geographe development near Busselton, potentially ending years of uncertainty for the blighted marina project.
Bendigo and Adelaide Bank has settled class actions brought by investors in managed investment schemes operated by plantation group Great Southern, two days out from a court decision on the matter.
Perth-based surveying firm Asphar Survey Group has appointed administrators to one of its key subsidiaries, with difficult trading conditions forcing the company to restructure its operations.
The liquidators of timber plantation assets formerly owned by collapsed managed investment scheme Great Southern may have found a buyer for the assets, with an investment trust managed by Sydney-based company New Forests agreeing to purchase the plantations.
Perth builder Gavin Construction has officially ceased trading, capping off a horror month that has seen six significant Western Australian businesses in contracting, engineering and mining fall into administration or receivership.
Twelve months ago precision engineering firm Pressure Dynamics was proudly showcasing its new premises and looking forward to growth. It's now in receivership.
Ric Stowe's sprawling Devereaux Farm in Bullsbrook is back on the market, with Jones Lang LaSalle and Garland International appointed by PPB Advisory to sell the property by tender.
Pankaj Oswal has launched further legal action against PPB Advisory, calling into question the insolvency firm's release of confidential documents pertaining to Burrup Fertilisers, which could affe
Tap Oil says it expects any bidders for Burrup Fertilisers will have to contact it, as the legal and contractual disputes over its gas supply deal with Burrup escalate.
Fertiliser tycoon Pankaj Oswal has let loose on the administrators of Burrup Fertilisers, saying their mismanagement of the plant is diminishing shareholder value and could have already cost up to $US100 million in revenue.
NEXT year may be the year of the insolvency practitioner but the sector was certainly gearing up for business in 2008 as the older hands of the sector recognised the signs of a stumbling bull market.
