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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A petitioning creditor is a person or entity to whom a debtor owes money and who takes legal action by filing a creditor’s petition with the court to have the debtor declared bankrupt. This is a formal process to recover a debt that has not been paid, usually after the expiry of
A petitioning creditor is a person or entity to whom a debtor owes money and who takes legal action by filing a creditor’s petition with the court to have the debtor declared bankrupt. This is a formal process to recover a debt that has not been paid, usually after the expiry of
The financial disruption arising from the conflict in the Middle East has now had more than seven weeks to flow through the Australian and global economic environment, particularly via fuel pricing and supply chain pressures. To assess the impact to date, we have analysed live data from our Cathro Clarity
The financial disruption arising from the conflict in the Middle East has now had more than seven weeks to flow through the Australian and global economic environment, particularly via fuel pricing and supply chain pressures. To assess the impact to date, we have analysed live data from our Cathro Clarity
John Melluish, CEO of ARITA, joins The Cut to unpack the current state of Australia’s insolvency landscape. From his early experience during the insolvency cycles of the 1980s to now leading the industry’s peak body, John shares perspectives on how the profession has evolved — and where it is heading.
John Melluish, CEO of ARITA, joins The Cut to unpack the current state of Australia’s insolvency landscape. From his early experience during the insolvency cycles of the 1980s to now leading the industry’s peak body, John shares perspectives on how the profession has evolved — and where it is heading.
