Corporates

Crinitis – tough market or tougher tax debt?

Crinitis’ VA Graeme Beattie. Worrells’ Graeme Beattie has been careful in his public statements regarding the collapse of the Crinitis restaurant group. He’s reportedly spoken of difficult trading conditions and the closure poor performing sites to preserve value .of  He’s quoted as referring to the possibility that some portion of the business might be salvaged via sale as a going concern or if not a…

Read More

ACCC freezing orders may derail Swim Loops DoCA

Swim Loops VA Glenn O’Kearney. Queensland practitioner Glenn O’Kearney appears to have been victim of unfortunate timing in relation to his 439A Report on Swim Loops Pty Ltd. The GT Advisory principal distributed his report to creditors on June 12, recommending that creditors accept a deed of company arrangement (DoCA) being proposed by his appointor, Swim Loops founder and director Ian Campbell. Unfortunately, earlier the…