Richard Tucker

The directors of Quintis have shed light on two restructuring proposals they had been trying to finalise, after announcing on Sunday they had placed the sandalwood producer in administration because of its inability to make a $37 million payment due in two weeks.

The Western Australian Club, which has been running since 1893, has been placed in the hands of administrators, one week after another historic icon - West Perth Football Club, founded in 1885 – took the same path.

After 55 years of business, iconic Perth jeweller Rosendorff has been placed in receivership.

The receivers of Rosendorff struck a deal last night to sell the jewellery business to an unnamed local buyer already in the jewellery business.

Alita Resources has entered administration just two days after its biggest shareholder, Galaxy Resources, struck a deal to buy the company’s $42 million in secured debt.

The Supreme Court of Western Australia has agreed to delay a creditors meeting of Alita Resources, as its administrators assess more than 11 proposals that could revive the fallen lithium miner.

Perth-based lithium producer Altura Mining has been placed in receivership after the ASX-listed company was unable to refinance its debt, placing 100 jobs at risk.

Pilbara Minerals has moved closer to gaining control of Altura Mining’s key asset after striking a $US175 million agreement with the lithium miner’s receivers and managers.

Pilbara Minerals has launched a $240 million equity raising to fund its acquisition of Altura Mining’s Pilgangoora lithium project.

Receivers have been appointed to Salt Lake Potash after the embattled business was unable to repay creditors and raise further funds needed for its Lake Way project in the Goldfields.

ASX-listed Perth contractor Aerison Group has called in administrators just over a month after failing to settle a $47 million dispute with iron ore miner Roy Hill Holdings.

Aerison Group creditors will have an urgent meeting to discuss a bid from APCINFRA after a proposed arrangement with Pacific Industrial Company fell through.

Administrators of Abra Mining have secured a $10 million funding to avoid cutting jobs or suspending the Gascoyne lead mine operation.

The East Rockingham Waste to Energy plant has been handed over to administrators and receivers with an eye to sell the nearly completed project, which remains embroiled in a legal dispute.

KordaMentha administrators have taken control of Nicheliving’s construction division, less than a month after the company's directors agreed to a decade-long ban on building homes.

Creditor claims of more than $740 million have piled up against the taxpayer-backed East Rockingham waste-to-energy plant, including from Acciona and National Australia Bank.

Suitors have entered the data room for more than a dozen property developments of embattled builder Nicheliving, as administrators look to sell-off assets.

Claremont-based proptech Openn Negotiation have exited external administration and returned to the hands of directors.