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Betts enters administration, plans closure of 20 shoe stores
Australian footwear retailer Betts has entered voluntary administration and will close more than half of its remaining stores as its administrators seek to preserve a smaller physical network and expand the 134-year-old brand’s online business
ZEN Energy enters administration after retail sale falters
ZEN Energy and related companies have entered voluntary administration after wholesale electricity price volatility undermined efforts to sell the renewable energy retailer as a going concern, despite regulatory approvals for a proposed transfer of its retail operations
Racing NSW wins appeal over Australian Turf Club administration
NSW Court of Appeal upholds Racing NSW’s power to place Australian Turf Club under statutory administration, ruling that concerns about club’s finances, governance and ability to operate Sydney’s four thoroughbred racecourses fell within regulator’s horse racing functions
