Quickflix goes into voluntary administration
ASX-listed video streaming and DVD rental company, Quickflix, appointed Ferrier Hodgson as voluntary administrators on Tuesday.
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News about voluntary administration
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Australian businesses failures on the rise
The number of Australian companies going out of business spiked during the June quarter, according to a global survey from Dun & Bradstreet
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Insolvencies climb 10% in April
The number of companies declaring insolvency is on the rise, according to research from liquidation company Dissolve, and fewer businesses are escaping administration
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Worldwide Entertainment enters administration
Media distribution company Worldwide Entertainment (ASX:WWG) has placed an operating subsidiary into administration due to the impact of the strong AUD on revenue and cashflow
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Entellect buys back vPublisher assets
Educational software company Entellect (ASX:ESN) has picked up the operating assets of VCI, a former subsidiary now in liquidation, from VCI's liquidators