APM Human Services is set to assume control of collapsed NDIS services provider Therapy Focus, after creditors approved a proposal that ensures they are repaid in full.
APM Human Services has emerged as the front runner to pull Therapy Focus out of administration after the insolvency practitioners' sales campaign attracted 64 interested bidders.
Administrators have taken control of one of the state's biggest disability therapy service providers and its 14 branches, as a sale of the business is urgently assessed.
WA's oldest and largest dairy company, Brownes, has been put up for sale after its Chinese owner got into financial difficulty over a $200 million loan.
The long-running process of winding-up companies associated with former mining high-flyer Michael Fotios has progressed after a debtors' deed for Delta Resource Management was approved.
Today's board moves wrap includes KeCheng Cai, Apple Paget, Shelley Robertson, Mona Gill, Phil McKeiver, George Terpens, Louisa Ho, Rob Brauer, Jason Preston, Rob Kirman and Katie Jackson.
Barramundi farm operator Marine Produce Australia has received help from a Tasmania-based company to continue trading after exhausting funds, including from NAB.
Liquidators of Chris Marco's property are seeking repayment from several people and a company they believe received funds from the unregistered investment scheme.
Perth recruitment business GO2 Group has received a $3 million loan to continue its operations and potentially avoid layoffs after entering into voluntary administration.
Perth-based recruitment business The GO2 People has entered into administration amid liabilities to Australian Taxation Office of more than $3 million and a legal dispute with a client.
ASX company M8 Sustainable has been placed into voluntary administration after being overwhelmed by growing debts and lack of cash flow into the business.
Liquidators for Allen Caratti-directed Whitby Land are suing Tina Bazzo's companies, claiming compensation for the $9.9 million it coughed up as a guarantor of a $23 million deal.
Liquidators for land developer GH1 are pursuing former director Tina Bazzo on four fronts to take back shares and properties allegedly transferred to various entities in her control before its collapse.
The Federal Court in Perth has approved the appointment of interim receivers to the property of Chris Marco, who the corporate watchdog has accused of running a large Ponzi scheme that is deeply in the red.
Two court rulings this month have paved the way for the continued investigation of property developers Allen Caratti and Tina Bazzo, who are being pursued by the Australian Tax Office, the Federal Police, and liquidators.
Aloha Surfhouse has been bought by a company connected to local fashion industry personality Natasha Marshall-Donnelly, after the Joondalup-based indoor wave park entered administration in July.
Australian Road Express – a Perth-based transport subsidiary of Rivet Group (formerly known as McAleese Group) – has been put into the hands of receivers, leaving 180 jobs at risk.
Family-owned Tribute Group has been placed in receivership, just two months after winning what appeared to be a company-making contract with BHP Billiton for its accommodation businesses in Newman.
Kewdale company Goldstar Transport has struck a deal to buy the major assets of MJ & CM West Transport Services, nine months after another Pilbara-focused transport business changed hands.
Receivers have said there are more than two dozen potential buyers in the sale of WA's largest locally owned mushroom farm, Jongro, with expressions of interest closing this week.
