Daniel Bredenkamp

Struggling iron ore miner Pluton Resources has fallen back into the hands of receivers and managers, less than six months after the board regained control of the company, as part of a new structuring proposal.

Perth-based architecture firm DAPM Architects is in the hands of liquidators, less than a week after it was spun-out of national group DesignInc, but its managing director says the collapse represents an opportunity for a new beginning.

A major shareholder in failed manganese company Mesa Minerals has lost its bid to have administrators replaced after the Supreme Court ruled there was no evidence of bias between Pitcher Partners and Mesa’s largest stakeholder, Mineral Resources.

Oil and gas software developer Stochastic Simulation is expected to be put up for sale, two weeks after it was put into receivership. 

Oil and gas software developer Stochastic Simulation has gone into liquidation, about five months after it went into receivership, with secured creditors likely to receive about 4 cents in the dollar in a best-case scenario.