- Insolvency Insider Australia
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Archive

ACFS Port Logistics enters administration as BDO receivers pursue sale
One of Australia’s largest container logistics operators has entered voluntary administration and receivership after secured lender ScotPac intervened ahead of a Federal Court hearing on an ATO winding-up application involving a reported tax debt of approximately $60 million


Income Direct group enters administration with up to $70 million raised from investors
Balance Insolvency administrators are investigating the affairs of three Marbanc-linked companies after banking restrictions disrupted Income Direct’s operations, with hundreds of investors potentially exposed and funds reportedly deployed into ventures associated with former Mayfair 101 director James Mawhinney





Why transport realisations are won or lost before the first bid
In a transport insolvency, obtaining a valuation is only the starting point. The eventual recovery depends on how quickly the assets can be converted into cash, the uncertainty buyers must absorb, and who carries the market risk while the sale is under way.







