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. And they revealed fresh details about how it failed – from claims of non-existent AI technology to telling investors Metigy had customers that never paid for or used its product.
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For many individuals, bankruptcy provides an opportunity to draw a line under financial difficulties and make a fresh start. While discharge, which generally occurs after three years, is a significant milestone, it is important to understand that some obligations and issues can continue beyond the discharge date. One of the
For many individuals, bankruptcy provides an opportunity to draw a line under financial difficulties and make a fresh start. While discharge, which generally occurs after three years, is a significant milestone, it is important to understand that some obligations and issues can continue beyond the discharge date. One of the
At Cathro & Partners, we provide live access to ASIC insolvency statistics through our website dashboard, Cathro Clarity, enabling stakeholders to track insolvency trends and market movements in near real time. Insolvency reporting typically focuses on how many companies fail and in which industries. For this Cathro Clarity Insight, we
At Cathro & Partners, we provide live access to ASIC insolvency statistics through our website dashboard, Cathro Clarity, enabling stakeholders to track insolvency trends and market movements in near real time. Insolvency reporting typically focuses on how many companies fail and in which industries. For this Cathro Clarity Insight, we
A construction business can be profitable on paper and still run out of cash. In this episode of The Cut, host Chris Bergin speaks with Victor Zhou, a fractional CFO specialising in the construction sector, about why cash flow problems develop, how builders and developers can identify them early, and
A construction business can be profitable on paper and still run out of cash. In this episode of The Cut, host Chris Bergin speaks with Victor Zhou, a fractional CFO specialising in the construction sector, about why cash flow problems develop, how builders and developers can identify them early, and
