Tagged: corporate collapse

The Quindell deal turned Slater & Gordon from a pioneering listed law firm into a case study in acquisition-led corporate collapse. Here is how it unfolded.

How MFS Limited grew into a sprawling Gold Coast financial empire, then collapsed in 2008 into one of Australia's longest-running insolvency sagas.

Adelaide Steamship (Adsteam) built a cross-shareholding empire under John Spalvins, then the early-1990s recession exposed the gearing underneath it.

The Centro Properties collapse came from short-term debt and a misclassified balance sheet, and produced a landmark Australian ruling on director duty.

The Sons of Gwalia collapse over gold hedging losses led to a High Court ruling letting misled shareholders rank as creditors until Parliament stepped in.

The Firepower fuel pill promised big savings and sponsored Australian sport, then collapsed owing hundreds of millions. Here is how ASIC pursued its director.

The Bell Group litigation began with Alan Bond's 1991 collapse and ran for decades, pitting liquidators against banks across courts and parliaments.

The One.Tel collapse in May 2001 left debts that ran past a billion dollars. Here is how Packer and Murdoch money, weak oversight and rapid spending met.

The ABC Learning collapse left 100,000 children facing lost places. How Eddy Groves built a listed childcare empire on debt and how it fell apart.

Timbercorp and Great Southern sold tax-driven plantations and olive groves, then collapsed in 2009, leaving about 65,000 investors with loans.

How Christopher Skase built a media and resorts empire on borrowed confidence, then spent his final years fighting extradition from a Majorcan villa.

Ansett Australia went from Reg Ansett's single plane in 1936 to administration in 2001. Here is how the national airline was built, sold and broken.

The HIH collapse wiped out billions in 2001. See what the Royal Commission found on governance, the FAI deal and the policyholders left without cover.

In March 2008, Opes Prime collapsed owing nearly $1 billion. The retail investors who thought they owned shares discovered they had signed them away. This is how it happened.

Alan Bond went from Perth sign-writing to the America's Cup, Nine and a Van Gogh, then prison. The full arc of the Alan Bond rise and collapse.

Allco Finance Group collapsed in 2008 with debts in the billions. The related-party questions that followed were almost as complex as the structure itself.

Babcock & Brown was Australia's second-largest investment bank at its peak. Then the debt that built the empire became the thing that destroyed it.