News Articles for Jeremy Nipps

Povey, Straw targets in $30m Ochre action

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More than two years of Federal Court probes into elusive Nathan Featherby's dealings have culminated in a Supreme Court action against Michael Povey and Charles Straw.

Margaret River wine producer Tate Wine in receivership

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Insolvency practitioners have taken control of Margaret River wine producer Tate Wine, the latest local alcoholic beverage maker to buckle under industry headwinds.

Insolvency experts see stressors spread

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As market pressures persist in the heated construction sector, insolvency experts are seeing trouble spread to mining services.

NAIF faces big loss on Coburn deal

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Japanese industrial group Iwatani is closing in on Strandline Resources' mothballed mineral sands mine in a deal that leaves the federal government facing an almost $160 million loss.

Liquidator loses Nicoletti injunction bid

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The liquidator for a company, which John Nicoletti was a director of, has lost a bid to keep Lawton Gillon lawyers out of an ongoing legal battle with the grain farmer.

Cocos Islands biggest employer in administration

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The largest employer on the tropical Cocos Keeling Islands in the Indian Ocean has called in administrators to help restructure its financial affairs amid economic challenges.

Administrators called to WA nickel play

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Administrators have been appointed to privately owned battery metals play EVM Nickel, which holds nickel rights on a series of tenements near Meekatharra.

Liquidators appointed to Vic Park Larder

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A deli and cafe on the Victoria Park dining strip has closed its doors, with a liquidator citing impacts from COVID as one of the reasons for the shutdown.

Griffin Coal plans to replace liquidators

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Lanco will be pushing to replace Griffin Coal's liquidators but lost its preferred appointment of Pitcher Partners after Bluewaters Power Station's intervention in the Federal Court.

Griffin Coal’s losses totalled $865m

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Revealed: New numbers offer the clearest picture yet inside Griffin Coal's finances, with liquidators suspecting the miner may have been insolvent for two years before its September collapse.

Coal supply key in Griffin collapse

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Cor Cordis has been appointed as liquidator of Griffin Coal, joining receivers Deloitte, with the power to potentially cancel a supply deal with Bluewaters.

Pilbara builder into administration

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Administrators have been appointed to Port Hedland contractor MJW Building, which had been working on a series of projects for the local government.

Adaman Resources into administration

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A privately-owned mining group owned by a trio of high-profile contractors has gone into voluntary administration owing creditors more than $100 million.

Greenbatch Foundation in administration

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Greenbatch Foundation is in voluntary administration after losing income due to events cancelled in Perth's recent COVID-19 lockdown.

Pilbara moves on Altura deal

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Pilbara Minerals has launched a $240 million equity raising to fund its acquisition of Altura Mining's Pilgangoora lithium project.

Pilbara strikes Altura deal

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Pilbara Minerals has moved closer to gaining control of Altura Mining's key asset after striking a $US175 million agreement with the lithium miner's receivers and managers.

Sweetlips and Tim Ho Wan close doors

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Perth's hospitality woes have continued, after fish and chip chain Sweetlips entered liquidation and Raine Square tenant Tim Ho Wan closed its doors after less than a year.

Indigenous contractors deliver through diversity

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SPECIAL REPORT: An emerging indigenous contractor has called for a strategic rethink of the sector after a tumultuous year.

NYFL into administration

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Roebourne-based indigenous group Ngarluma Yindjibarndi Foundation, which employs more than 50 people at its business operations throughout the Pilbara, has been placed into voluntary administration.

Trustee, Beaufort Local in hands of administrators

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St Georges Terrace venue The Trustee Bar & Bistro has fallen under the control of administrators, but an ownership change to keep the venue alive is a real possibility.

Rocke moves to Cor Cordis

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KordaMentha managing partner Cliff Rocke has taken on a new role, joining the Perth office of the advisory firm that is handling the collapse of residential construction group Builton.

Builton failure a costly housing hit

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The collapse of yet another Western Australian residential builder appears set to further upset the delicate state of the sector, with financiers, insurers, 350 trade creditors and as many as 130 home owners facing losses.

Builton fails, administrator appointed

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One of state's biggest residential construction firms, Builton Group, has succumbed to the financial stresses engulfing the sector, appointing an external administrator earlier today after reports of the company's financial troubles emerged last week.

High-end builder goes under

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Osborne Park-based builder Quattro Homes has been placed into administration, the fourth residential builder in Western Australia to collapse in the past three months.

Brady plans AssetOwl listing

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Perth business executive Tim Brady is planning to list his new software business AssetOwl on the ASX through a $6 million reverse takeover of Regalpoint Resources.

New Partner for Cor Cordis

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Cor Cordis has appointed Jeremy Nipps as a partner in its Perth office. Mr Nipps joined the firm in December as an associate director.