Type | Public |
---|---|
ASX: CCN | |
Defunct | November 1998 |
Headquarters | Australia |
Products | Bus manufacturer |
Subsidiaries | Ansair Austral Denning PMC Australia Saydair seats |
Clifford Corporation was a listed Australian company that purchased several bus manufacturing businesses in the mid-1990s before collapsing in November 1998.
In August 1995 Clifford Corporation purchased the Ansair bus bodybuilding business from Ansett Transport Industries. [1] That was followed by the Austral Pacific Group, which comprised the Austral Denning and PMC Australia businesses.
The business collapsed in November 1998 with several of the company's office holders prosecuted. [2] [3] [4]
One.Tel was a group of Australian-based telecommunications companies, principally the publicly-listed One.Tel Limited, established in 1995 soon after deregulation of the Australian telecommunications industry, most of which are currently under external administration by court appointed liquidators.
HIH Insurance was Australia's second-largest insurance company before it was placed into provisional liquidation on 15 March 2001. The demise of HIH is considered to be the largest corporate collapse in Australia's history, with liquidators estimating that HIH's losses totalled up to A$5.3 billion. Investigations into the cause of the collapse have led to conviction and imprisonment of a handful of members of HIH management on various charges relating to fraud.
The Australian Securities and Investments Commission (ASIC) is an independent commission of the Australian Government tasked as the national corporate regulator. ASIC's role is to regulate company and financial services and enforce laws to protect Australian consumers, investors and creditors. ASIC was established on 1 July 1998 following recommendations from the Wallis Inquiry. ASIC's authority and scope are determined by the Australian Securities and Investments Commission Act 2001.
Rodney Stephen Adler is an Australian whose family founded the FAI Insurances group, of which he became chief executive in 1989, and which was at one stage Australia's third largest general insurer. Adler became a director of HIH Insurance after the acquisition of that company, and resigned in January 2001, two months before HIH collapsed. He was jailed in 2005 for his conduct related to the collapse of HIH, where Adler obtained A$2 million from HIH by false or misleading statements and being dishonest as a director.
The Live Entertainment Corporation of Canada, better known as Livent, was a theatre production company based in Toronto, Ontario. Founded in 1989 by former Cineplex Odeon executives Garth Drabinsky and Myron Gottlieb, the company initially found success with its production of The Phantom of the Opera at its Pantages Theatre in Toronto. In 1993, they brought Kiss of the Spider Woman to Broadway, winning the Tony Award for Best Musical. They became known for lavish productions with their 1994 revival of Show Boat, and their ambitious 1998 original musical Ragtime.
Greyhound Australia is an Australian coach operator that ran services in all mainland states and territories until reduction of services in the 2000s.
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Brickworks is Australia's largest brick manufacturer, consisting of four divisions – Building Products Australia, Building Products North America, Industrial Property, and Investments.
Custom Denning is an Australian bus body builder in St Marys, New South Wales.
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Pressed Metal Corporation was an Australian automotive body building and assembly operation based in New South Wales.
Pressed Metal Corporation South Australia (PMCSA) was an Australian bus bodybuilder based in Royal Park, Adelaide.
Ansair was an Australian bus bodybuilder owned by Ansett Transport Industries and later the Clifford Corporation.
Jakab Industries was an Australian coachbuilder in Tamworth, New South Wales.
Queensland Coach Company was an Australian bus bodybuilder in Eagle Farm, Brisbane.
MotorCoach Australia was an Australian bus manufacturer in Kingston Logan, Brisbane.
Mills-Tui was an Australian manufacturer of heavily specialised vehicles in Narangba, Queensland.
Austral was an Australian bus manufacturer in Geebung, Brisbane, Australia. Austral merged with it primary competitor, Denning, in the 1980s and was sold to the Clifford Corporation in 1996 before closing its manufacturing plant in 1998.
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