"administration" news, interviews, and features

News about administration

• Telco reseller goes into administration owing $500K

  Highrise Telecoms supplied telco services to business and residential consumers

• Victorian telco entered administration owing $3.6M to creditors

  "Misleading" contract signed with failed Netcube led company to its demise

• Veriluma switches administrators after shareholder unrest

  Shareholders are unhappy of how things have been handled by company’s directors and former administrator

• BMS Technology to auction $1M in stock amid administration

  The Adelaide-based distributor entered into voluntary administration on 10 October

• Aussie software vendor calls in the administrators

  A year after reverse-listing on the ASX, Veriluma enters into voluntary administration

• BMS Technology reveals almost $1M of debt after administration

  Current stock tally comes to approximately $1.3 million