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One GC MQ Park, the holding vehicle for Mr Sunito’s Macquarie Park site, is facing a lawsuit for allegedly failing to make repayments on a $4.5 million loan that began less than a year ago.
One GC MQ Park, the holding vehicle for Mr Sunito’s Macquarie Park site, is facing a lawsuit for allegedly failing to make repayments on a $4.5 million loan that began less than a year ago.
Growing insolvency and turnaround consultancy Cathro & Partners has marked its two-year anniversary with the recruitment of Amanda Rose in a newly-created general manager role.
Growing insolvency and turnaround consultancy Cathro & Partners has marked its two-year anniversary with the recruitment of Amanda Rose in a newly-created general manager role.
In the Federal Court this week, Metigy executives spoke publicly for the first time about how it attained a $1 billion valuation through Fairfull’s deceptions, credulous investors and a technology bubble.
In the Federal Court this week, Metigy executives spoke publicly for the first time about how it attained a $1 billion valuation through Fairfull’s deceptions, credulous investors and a technology bubble.
The former chief financial officer of artificial intelligence marketing start-up Metigy, which was valued at up to $1 billion before it collapsed, has admitted the company’s products did not use AI.
The former chief financial officer of artificial intelligence marketing start-up Metigy, which was valued at up to $1 billion before it collapsed, has admitted the company’s products did not use AI.
The boss of failed artificial intelligence marketing company Metigy has confessed that he lied to investors, forged bank statements, and fabricated revenue as part of a campaign of deception.
The boss of failed artificial intelligence marketing company Metigy has confessed that he lied to investors, forged bank statements, and fabricated revenue as part of a campaign of deception.
I doctored the statements… The bulk of the figures are fabricated. There would have been some transaction but I don’t know the real figures.
I doctored the statements… The bulk of the figures are fabricated. There would have been some transaction but I don’t know the real figures.
In the ever-evolving landscape of corporate insolvency, being vigilant to early warning signs has become crucial for informed decision-making in providing credit.
In the ever-evolving landscape of corporate insolvency, being vigilant to early warning signs has become crucial for informed decision-making in providing credit.
Australian insolvency advisory firm Cathro & Partners has expanded its portfolio with a new service line focused on personal insolvency.
Australian insolvency advisory firm Cathro & Partners has expanded its portfolio with a new service line focused on personal insolvency.
Simon Cathro, founder and managing partner of restructuring and insolvency specialist Cathro & Partners, says his general view on advice tech providers is they are often too heavily reliant on capital injections because they’re not cashflow positive.
Simon Cathro, founder and managing partner of restructuring and insolvency specialist Cathro & Partners, says his general view on advice tech providers is they are often too heavily reliant on capital injections because they’re not cashflow positive.