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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You receive an urgent email from the CEO requesting a payment be processed before the end of the day. The email looks genuine, the writing style appears familiar, the address is correct and relevant supporting documentation is attached. You know the CEO has been flat out on a new project
You receive an urgent email from the CEO requesting a payment be processed before the end of the day. The email looks genuine, the writing style appears familiar, the address is correct and relevant supporting documentation is attached. You know the CEO has been flat out on a new project
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How a creditor-supported restructuring preserved regional childcare centres, protected jobs and delivered a materially better outcome than liquidation. The restructuring of the Believe Early Learning businesses is a practical example of what voluntary administration can achieve when a childcare operator has viable services but an unsustainable financial structure. The process
