Eddy Groves
News and interviews on Eddy Groves including trends, features, blogs and community conversations from an Australian business perspective.
Groves pleads not guilty to criminal charges over ABC Learning Centres collapseFriday, 28 January 2011
Eddy Groves, the founder and former chief executive of collapsed child care giant ABC Learning Centres, has pleaded not guilty to one charge of breaching the Corporations Act at the Brisbane Magistrate's Court today. ...
8 lessons for the would-be wealthy
Monday, 25 October 2010
Right across the country, final year high school students are breaking out the pre-mixed drinks and preparing to toast the final days of their secondary education. Once the exams, muck-up days and school formals are finished, thoughts will turn to university ...
Eddy Groves launches $7.3 million court claim against stockbroker
Thursday, 14 October 2010
Former rich list member and ABC Learning Centres founder Eddy Groves has launched a $7.3 million claim in the Queensland Supreme Court against listed broking firm Austock, claiming the broker failed to execute a share trade that cost him millions. ...
Eddy Groves launches $10 million legal claim against broking firm
Friday, 03 September 2010
Eddy Groves, the founder of collapsed childcare giant ABC Learning Centre, has launched a $10 million legal claim against listed stockbroker Austock, claiming the broker's failure to execute a sell order caused him to lose money. ...
Top Jobs
Friday, 06 November 2009
It's pretty hard to argue with the Fortune magazine's decision to chose Apple boss and all-round technology visionary Steve Jobs as its CEO of the decade. ...
The seven sins of young entrepreneurs
Monday, 20 July 2009
The saddest thing about the collapse of a young entrepreneur's empire isn't hearing that the receivers have arrived or that the Ferrari has been repossessed - it's hearing that the poor young thing has been forced to move back in with their parents. ...
Eddy Groves agrees to have assets frozen
Wednesday, 01 July 2009
Eddy Groves, the founder of collapsed childcare company ABC Learning Centres, has reached an agreement with the Australian Securities and Investment Commission over the freezing of his assets. ...
Near-death by debt
Thursday, 25 June 2009
William Scott knows he's a pretty lucky guy. For the past four months, while he was desperately trying to put together a rescue bid for his company, experts, journalists and investors were telling him the same thing - you have very little chance of avoiding ...
ASIC applies to confiscate Eddy Groves’ passport
Thursday, 25 June 2009
The Australian Securities & Investment Commission has applied to the Federal Court to freeze the assets and confiscate the passport of Eddy Groves, founder of collapsed child care company ABC Learning Centres. ...
19 ABC Learning Centres to close
Wednesday, 15 April 2009
Corporate recovery firm PPB has announced that it has found buyers for the majority of the 241 ABC Learning Centres under its control, but 19 will be closed. ...
Beautiful one day, awful the next
Tuesday, 14 April 2009
Things never change in the Gold Coast. The sun is always shining, the beaches are always perfect - and the entrepreneurs always get hammered in a downturn. ...
25 corporate collapses – and the lessons learnt
Thursday, 12 February 2009
There have been some high-profile corporate failures over the past year, and the evidence suggests that the bloodbath isn’t over. We take a look at 25 more prominent cases to draw salient lessons for every business. ...
Bids start to roll in for ABC Learning childcare centres
Monday, 02 February 2009
The receiver for the 241 unviable ABC Learning childcare centres says he is happy with the level of interest in the businesses, after the deadline for non-binding bids closed on Saturday. ...
Margin loan crackdown follows Storm Financial disaster
Monday, 19 January 2009
Margin lenders will need to be licensed and warn customers about the risk associated with their products under a new regulatory regime that will be introduced on 1 July. ...
The best (and worst) of 2008
Tuesday, 16 December 2008
The year is quickly winding up, and SmartCompany has reviewed some of the more momentous events of the past year. The result is an impressive list of gong-winners (and some real clangers) that have made 2008 a year to remember. By JAMES THOMSON ...
The year the rich would rather forget
Friday, 12 December 2008
The year 2008 may well go down in history as the year Australia’s richest investors lost their mojo. JAMES THOMSON tracks the downward spiral, and measures the rich top 30’s rate of leakage. ...
Chaos in childcare may hit employers next year
Thursday, 27 November 2008
Deputy Prime Minister Julia Gillard is hell bent on congratulating the receiver of collapsed ABC Learning Centres for providing certainty for parents and employees less than a month after ABC Learning went into receivership. But it’s hard to see why. ...
The ugly end of our great debt delusion: Kohler
Friday, 21 November 2008
The problem with debt is that it makes you feel richer than you really are. ...
Another childcare company collapses as questions mount on corporate childcare business model
Wednesday, 19 November 2008
A second major childcare company has been forced into administration, with CFK Childcare Centres appointing accounting firm BDO Kendalls as voluntary administrator. ...
Gold Coast loses its shine
Wednesday, 19 November 2008
Flashy wealth and the white shoe brigade have always had a home at the Gold Coast. But the fast money reputation is fading from memory as companies and entrepreneurs do it hard. JAMES THOMSON looks at who is losing the most. ...
