Creditors of collapsed Nicheliving face a further 10-month wait before they can recover the balance of their debts, after the directors gained another extension to their buy-back deal.
The corporate watchdog and the Australian Federal Police have raided three residential premises as part of an ongoing investigation into fallen homebuilder Nicheliving.
Nicheliving's directors' bid to regain full control of the entities is in limbo after they missed a deadline to sell their Northbridge office - a crucial condition of their buy-back plan.
A Dubai mining investment group has set its sights on collapsed Lucapa Diamond Company, owner of the long-dormant diamond mine once operated by Rio Tinto in the Northern Territory.
The Supreme Court has settled a dispute relating to administration costs over the property company owned by former City of Perth Lord Mayor Lisa Scaffidi and her husband.
Infinite Green Energy, one of the first WA companies targeting hydrogen production, has been placed into administration ahead of a Supreme Court hearing over a disputed debt.
Spanish engineering giant Acciona has dumped French multinational Veolia from a contract to run WA's largest and most expensive waste management facility at Kwinana.
Premier Roger Cook has insisted under-fire Nicheliving still can't lay a brick after the directors cleared a vote to regain control of the building company yesterday.
West Perth-based lithium explorer Lepidico has called in administrators from KordaMentha, who intend to start a sale or recapitalisation of the business soon.
Suitors have entered the data room for more than a dozen property developments of embattled builder Nicheliving, as administrators look to sell-off assets.
Administrators at the East Rockingham waste-to-energy plant succeeded in getting a significant time extension to prepare a sale but fell short of their proposed nine-month period.
Creditor claims of more than $740 million have piled up against the taxpayer-backed East Rockingham waste-to-energy plant, including from Acciona and National Australia Bank.
KordaMentha administrators have taken control of Nicheliving's construction division, less than a month after the company's directors agreed to a decade-long ban on building homes.
The East Rockingham Waste to Energy plant has been handed over to administrators and receivers with an eye to sell the nearly completed project, which remains embroiled in a legal dispute.
A mothballed Kimberley abattoir has been thrown a $56 million lifeline by a Canadian government-backed fund which would value the plant at a fraction of its former price.
ASX-listed Pilbara goldminer Calidus Resources has been handed over to receivers and administrators, with contractor Macmahon revealing a $34 million contract exposure.
Administrators of Yeeda Pastoral Company will enter another funding agreement to preserve the substantial cattle herd, the Supreme Court of Western Australia has heard.
Administrators of Yeeda Pastoral Company have received a time extension for the next creditors meeting, after finding the Kimberley business was $103 million in debt.
The signwriting company behind major WA signage jobs including Optus Stadium has been placed in liquidation, a little over three years after it was sold by its founders into new hands.
A famed Kimberley pastoral operation and owner of northern WA's only large abattoir has fallen into the hands of administrators and is allegedly millions of dollars in debt.
The assets of Kingman Signs and Graphics, which produced signage for customers including Optus Stadium and Crown Towers, will be sold by administrators for less than $200,000.
A deal to pluck Perth Glory Football Club out of receivership has collapsed after the Victorian consortium eyeing the club failed to meet certain conditions.
Administrators have been appointed to diamond dealer Macabi Diamonds owned by Yoni Levy who saved prominent jewellery store Rosendorff from receivership in 2019.
Aerison Group creditors will have an urgent meeting to discuss a bid from APCINFRA after a proposed arrangement with Pacific Industrial Company fell through.
ASX-listed Perth contractor Aerison Group has called in administrators just over a month after failing to settle a $47 million dispute with iron ore miner Roy Hill Holdings.
Salt Lake Potash's Lake Way project, which was predicted to be one of the first producing potash assets in the state before its collapse last year, has been put on the market by receivers.
Receivers have been appointed to Salt Lake Potash after the embattled business was unable to repay creditors and raise further funds needed for its Lake Way project in the Goldfields.
