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his argument should be with his trustees, who are believed to have approved the deal.
http://www.smh.com.au
August 18, 2010
Samuel furious as DFO teeters on insolvency
Ben Butler
AUSTRALIA'S competition
http://www.wikidfranchise.org/20100818-samuel-furious
up until we were appointed," Mr Greig said. "Directors are under a duty under the Corporations Act to prevent what is referred to as insolvent trading.
The Sydney Morning Herald
May 19, 2009
Kleenmaid
http://www.wikidfranchise.org/20090519-kleenmaid-risks
in fees owed to service professionals.
The Globe and Mail
April 20, 2005
Black's 'insolvent' Ravelston files for protection
Jacquie McNish and Richard Blackwell
Conrad Black's storied private holding
http://www.wikidfranchise.org/20050420-blacks-insolvent
during a franchisor insolvency stem from the complex nature of the modern franchise model and the dependent nature of their relationship with their franchisor.
Queensland Business Review
March 6
http://www.wikidfranchise.org/20060306-franchisees-struggle
"[The Australian Securities and Investments Commission] are investigating the situation and if there's any evidence that this company was trading insolvently than the directors should feel the full
http://www.wikidfranchise.org/20090424-kleenmaid-directors
A bankruptcy court judge has approved the sale of insolvent electronics chain Battery Plus Inc. to Leap Energy and Power Corp., a Canadian battery maker. The $5-million sale could pave the way
http://www.wikidfranchise.org/20020228-battery-plus
Risks: Independence, Intentional franchisor insolvency, 20 terminations turn into 200, Termination of franchisee, mass, Lease controlled by franchisor, Industry in disrepute, Public perception of sleaze
http://www.wikidfranchise.org/20020219-cs-creditors
The former owner of Battery Plus Inc. is launching a $40.5 million legal challenge to block the sale of the insolvent retailer. Antoine Chahine Badr alleges that the Laurentian Bank of Canada
http://www.wikidfranchise.org/20020205-battery-plus
/business/8138414.stm
Brought to you by WikidFranchise.org
Risks: Conflict of interest, trustee/consultant, Excuse du jour, Federal insolvency laws used to shirk legal claims, Franchisees are pawns
http://www.wikidfranchise.org/20090707-coffee-republic
Insolvent and dishonest trading can attract a jail term of up to five years and a fine of $220,000, as well as disqualification as a company director. Kleenmaid went into voluntary administration
http://www.wikidfranchise.org/2009090925-asic-funds
