Insolvency
- Special series
- The restaurant tycoons
The recalibration of George Calombaris: A nervous chef returns to the city that left his empire in ruins
After a high-profile underpayments debacle, George Calombaris found himself in a dark spiral – but he says he came out the other side a different man. In the fifth instalment of a special series on restaurant tycoons, we lift the lid on the “new George”.
- Dani Valent
Latest
‘I’ve waited 10 years for the truth’: The billionaire, the French president and the satellite that crashed to Earth
NewSat investor Ching Chiat Kwong has returned to Australia to mete out retribution over the company’s 2015 failure via a case brought by liquidators that could drag in Emmanuel Macron.
- Sarah Danckert
Barbeques Galore: How an Aussie icon got cooked
Going broke selling barbecues in Australia? It’s easier than you think.
- Colin Kruger
500 jobs in limbo as Barbecues Galore goes under
The national retailer founded in 1977 has been handed over to administrators and receivers after it ran out of cash.
- Jessica Yun
Burgertory boss could face examination over downfall of 13 companies
Liquidators to several stores of the fast food chain suspect the group’s founder, Hash Tayeh, continued to control the businesses after resigning as a director – while the business racked up nearly $1 million in unpaid staff superannuation.
- Sarah Danckert
- Updated
- E-commerce
‘Halting all bookings’: Sendle keeps customers in the dark amid abrupt closure
The Australia Post challenger has suddenly ceased operations, leaving small businesses scrambling to find alternative providers to get their parcels delivered.
- Jessica Yun
- Exclusive
- Food
Restaurant empire’s debts to super fund blow out as celebrity chef eyes new backer
Melbourne chef Scott Pickett’s fine-dining restaurants owe the collapsed First Guardian super fund more than $18 million, liquidators have revealed.
- Sarah Danckert
- Exclusive
- Fitness
Rich lister revealed as likely buyer for Derrimut 24:7 Gym chain
The group’s founder, Nik Solomos, is expected to remain involved in the business if creditors approve the $34.15 million deal.
- Sarah Danckert
Logistics heir says he has just $2 in cash after birthday on private Fiji island
Melbourne businessman Gregory O’Shea has declared himself bankrupt as a conga line of creditors pursue his collapsed freight company.
- Cameron Houston
Pandemic darling 1800 Lasagne was insolvent within five months of opening
The Thornbury venue racked up more than $2 million in unpaid taxes including staff superannuation in just under five years.
- Sarah Danckert