Cliff Rocke

CLAREMONT-BASED network marketing group Omegatrend has become one of those rare victims of a boom, appointing voluntary administrators after a slump in sales.

KordaMentha managing partner WA Cliff Rocke has been appointed chairman of the Insolvency Practitioners Association of Australia, WA division.He was also appointed as an IPA national director.

A prominent group of Perth investors may be drawn into a legal stoush over the financially stricken development of a multi-million dollar Broome apartment resort.

Mirabela Nickel has proposed a complex restructuring that involves placing the company into administration, raising new capital and implementing a debt-for-equity swap that will leave current shareholders owning just a small fraction of the embattled mining company.

Mine site water infrastructure group GFR has become the sixth Perth-based company to call in administrators in as many weeks, citing deteriorating trading conditions and significant contract delays.

Mirabela Nickel has reported a 14 per cent drop in nickel production for the March quarter as the cash strapped company seeks to undertake a complex restructuring.

Perth exploration firm Mirabela Nickel has confirmed it has left the hands of administrators and has appointed a new chief executive officer.

Pluton Resources says its major shareholder General Nice Resources has appointed KordaMentha as the company’s receivers, after secured creditor Rizhao Port Group Logistics yesterday tried to appoint representatives from FTI Consulting to the same role.

Watpac Civil & Mining says it will resume limited works at Pluton Resources' Cockatoo Island iron ore project following discussions with the troubled miner's receivers, KordaMentha.

West Perth-based Red Fork Energy, which has raised $125 million from investors over the past three years to support its shale drilling program in the US, has collapsed after losing the support of its major lender.

Perth law firm Rockwell Olivier has been placed in the hands of administrators, after its sole director concluded the business was insolvent.

More than 60 CEOs from WA provided Business News with detailed views on the year past, the next 12 months, their vision for the state, and what they expect from political leaders.

More than 60 CEOs from WA provided Business News with detailed views on the year past, the next 12 months, their vision for the state, and what they expect from political leaders.

Business News’ CEO survey has unearthed strong views on the turbulent 12 months just gone, while also offering some timely advice to our political leaders.

Junior manganese miner Kaboko Mining has been placed into receivership, nine months after a falling out with its major funding partner, Noble Resources.

WA chief executives are hoping a federal election year and a new direction from Malcolm Turnbull will ignite reforms needed to get the state moving again, according to the latest CEO survey by Business News.

Special Report: Falling commodity prices have led some mining contractors to circle the wagons, but others are cautiously targeting opportunities.

The Newman Hotel is in the hands of external administrators, following a failed campaign to sell the north-west pub in the latter half of last year.

SPECIAL REPORT: WA’s economic slowdown hasn’t led to the dramatic rise in insolvencies many had expected, according to leading industry representatives.

Perth-based thermal energy company Enerji has appointed KordaMentha as administrators after running into debt problems with one of its creditors.

KordaMentha managing partner Cliff Rocke has taken on a new role, joining the Perth office of the advisory firm that is handling the collapse of residential construction group Builton.

Thermal energy company Enerji has exited administration with plans to raise $5.6 million and lift a share trading suspension on the ASX.

PSC Insurance Group has bought National Franchise Insurance Brokers in a deal worth up to $1.2 million, two months after the Subiaco-based firm was placed into administration.

Three interconnected waste management businesses in Perth face a sudden change of fortune after Aurigen Group went into voluntary administration, a Thai company bought the Brockwaste plant in Shenton Park, and listed company AnaeCo positioned itself to work on the planned restart of the plant.

St Georges Terrace venue The Trustee Bar & Bistro has fallen under the control of administrators, but an ownership change to keep the venue alive is a real possibility.