53-602: Carriageworks is a multi-arts urban cultural precinct located at the former Eveleigh Carriage Workshops in Redfern , Sydney , Australia. Carriageworks showcases contemporary art and performing arts , as well as being used for filming, festivals, fairs and commercial exhibitions. The largest such venue in Australia, it is a cultural facility of the Government of New South Wales , and receives support from Create NSW and
106-537: A legal concept, administration is a procedure under the insolvency laws of a number of common law jurisdictions, similar to bankruptcy in the United States . It functions as a rescue mechanism for insolvent entities and allows them to carry on running their business. The process – in the United Kingdom colloquially called being "under administration" – is an alternative to liquidation or may be
159-550: A music video of a remake of Childish Gambino 's 2018 song " This Is America ", called "This Is Australia", with vocals led by Noongar rapper Beni Bjah . The song features many local references, and criticises Australia's treatment of refugees, Aboriginal and Torres Strait Islander people, and migrants. Their show Jurrungu Ngan-ga ( Straight Talk ) toured around the Kimberley region in Western Australia during
212-405: A " provisional liquidator " to temporarily preserve the company's assets while the winding-up application is pending. Administrators are required to be registered liquidators since they have broad powers to deal with company property. The appointment of an administrator "freezes" any legal proceedings against the company and control of the company is given entirely to the administrator. Directors of
265-413: A "receiver" is appointed by a secured creditor to sell off a company's assets in order to repay the secured debt , or by the court to protect the company's assets or carry out other tasks. Voluntary administration is when the directors of an insolvent company appoint an external administrator to investigate whether winding up the corporation can be prevented or delayed and to make recommendations to
318-592: A combination of dance and storytelling. Apart from producing new works, the company trains and mentors both established artists and the next generation through their INCITE program. Moogahlin Performing Arts is an Aboriginal theatre company formed in Redfern in 2007, by a group of Aboriginal performing artists and community workers to honour the late Kevin Smith's request and in memory of the founding members of
371-419: A deal to sell its assets to a buyer before appointing administrators to facilitate the sale. It is a legal way of selling the business on to a trade buyer or third party. A pre-pack is the process of selling the assets of a company immediately after it has entered administration. It is sometimes the case that the previous directors or management purchase the assets of the company from the administrator and set up
424-490: A debtor who has enough money left over after priority creditors and essential expenses may be able to arrange an individual voluntary arrangement. (Debtors with less serious problems may prefer a debt management plan .) The Republic of Ireland operates a similar process called examinership , but companies require permission from the High Court to enter and leave examinership. In New Zealand , voluntary administration
477-451: A floating charge created prior to 15 September 2003 retain their right to appoint an administrative receiver, but all purported rights to do so created after that date will be construed as rights to appoint an administrator, subject to certain specific, rare exceptions. A court order is issued that forbids any form of legal or insolvency action without the court's permission. An application to the court for an administration order may be made by
530-605: A more flexible regime is available under the Companies' Creditors Arrangements Act ("CCAA"). In UK law, the administration regime is governed by the Insolvency Act 1986 , as amended by the Enterprise Act 2002 . An "administrator" can be appointed without petitioning the court by the holder of a floating charge (created since 15 September 2003), by the company or by its directors. Other creditors must petition
583-461: A new company. This process has advantages in that it enables the administrator to realise a greater amount for the assets due to business continuity and that the goodwill of the company is preserved. The employees of the company are also usually transferred to the new company, preserving jobs. Pre-packs have attracted criticism because of the appearance it gives to unconnected parties that the company has just continued without its creditors. SIP 16
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#1732776228879636-424: A precursor to it. Administration is commenced by an administration order . A company in administrative receivership is operated by an administrator (as interim chief executive with custodial responsibility for the company's assets and obligations) on behalf of its creditors . The administrator may recapitalize the business, sell the business to new owners, or demerge it into elements that can be sold and close
689-510: A profit in one year. In 2018, the centre obtained A$ 3.8 million in government grants, with the rest of its A$ 7.8 million of income from sources such as donations and bequests and sales of goods and services. This model works when times are good, but not in times of crisis. Federal funds via the Australia Council have been falling steadily since 2013–4, especially that directed to individual companies and artists. While Carriageworks
742-747: A specially commissioned work by Vicki Van Hout and Marian Abboud. Eveleigh Carriage Workshops The Eveleigh Carriage Workshops were built by the New South Wales Government Railways in 1888 as a depot for its passenger carriage fleet. The workshops are located west of what is now Redfern station on the northern side of the Main Suburban railway line opposite the heritage -listed Eveleigh Railway Workshops . The repair and heavy maintenance of both Sydney suburban and long-distance carriages were undertaken on site between 1888 until its closure in 1989. In 1986
795-408: A varied, multi-disciplinary and multi-cultural program for many years which has attracted to up to 1.32 million visitors (2017). Carriageworks has commissioned Australian and international artists "to make monumental new work that intersects with contemporary ideas" and it has striven to reflect the diversity of the community in its exhibits and performances. The centre plays host to up to 100 projects
848-537: A year, including contemporary theatre, dance, visual arts , music, film and fashion and corporate events. The venue is managed by Carriageworks Ltd, which also manages Bays 22-24 (additional spaces available for hire). Carriageworks is a short-term tenant, with the property owned by the NSW government. As of September 2021, the board consists of eight members and one observer, with Cass O'Connor as Chair. Art writer and curator Blair French became CEO in 2019. Lisa Havilah
901-410: Is a process designed to protect limited companies from their creditors while a debt restructuring plan is carried out and presented to creditors and courts. This administration order process requires a licensed insolvency practitioner to act as the administrator appointed by the court. The administration order does not concern joint debt. Pre pack is an insolvency procedure where a company arranges
954-518: Is an independent film company set up by film producers John Maynard and Bridget Ikin . Works include Coral , a work for the fulldome screen, by Lynette Wallworth; three multi-screen works Citizen's Band , The Calling , and In the ear of the tyrant by Angelica Mesiti ; and the trilogy of adaptations by William Yang, Friends of Dorothy , My generation , and Bloodlinks . Established in 2002 by artistic director Kate Champion and now led by Danielle Micich, Force Majeure produces dance theatre works,
1007-404: Is an independent person that is formally appointed to control an insolvent company's affairs. External administrators can be appointed either by the company's directors, a secured creditor , or by a court, and include: provisional liquidators , liquidators , voluntary administrators, deed administrators , controllers , and receivers . A receivership is when an external administrator known as
1060-407: Is an officer of the court and an agent of the company, and is not personally liable for any contracts they make on behalf of the company. They have the power to do anything necessary or expedient for the management of the affairs, business and property of the company. The new administration regime introduced by the Enterprise Act 2002 replaces the previous situation where administrative receivership
1113-523: Is covered by the Companies Act 1993 , as amended under the Companies (Voluntary Administration) Regulations Bill in 2007. In Ukraine, a system of "sanation" ( Ukrainian : санація ) measures take place to prevent or lessen the effect of insolvency. The basic components of those measures include providing special loans and subsidies; exemptions for issuing a credit or taxation; restructuring of
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#17327762288791166-440: Is operating efficiently, with enough freedom of competition between insolvency practitioners and whether consumers and creditors are being treated as fairly as possible. An example of a pre-pack is the sale of the assets of Cobra Beer to Coors immediately after Cobra Beer entered administration. This allowed the brand to continue and saved jobs, but also left suppliers out of pocket by an estimated £75 million. In this process,
1219-525: The Australian Broadcasting Corporation , and on 16 January 2015 Moogahlin did a reprise at Eora College (which was founded by Merritt) in Redfern to mark the 40th anniversary of the play. Performance Space is an organisation for the development and presentation of interdisciplinary arts and experimental theatre , established in 1983. Established in 2010 by artistic director Louis Garrick and music director Jack Symonds,
1272-652: The Black Theatre . The company was incorporated in 2009, hosted by the Redfern Community Centre and Gadigal Information Service becoming a resident company of Carriageworks. Moogahlin works closely with emerging and established Aboriginal theatre practitioners and communities. In 2012 the company performed a play-reading of Bob Merritt 's 1975 play The Cake Man , presented by the Sydney Festival and Carriageworks] in association with
1325-937: The COVID-19 crisis , as did the South Australian, Victorian and New South Wales governments. The National is a series of biennial survey exhibitions featuring contemporary artists, run as a partnership between the Art Gallery of New South Wales , Carriageworks and the Museum of Contemporary Art Australia (MCA) and held across the three venues. The inaugural edition was held in 2017. Many renowned Australian artists, including Tony Albert , Nell , JD Reforma and Wrong Solo ( Agatha Gothe-Snape & Brian Fuata ), have worked in Carriageworks' studio spaces . A number of resident organisations, all working within
1378-581: The COVID-19 pandemic , and "This Is Australia" was shot there later, at Fitzroy Crossing , on Bunuba country. Jurrungu Ngan-ga is scheduled to be performed at the Adelaide Festival in March 2023. Contemporary Asian Australian Performance (CAAP), formerly Performance 4A, led by Annette Shun Wah , produces cross-artform Asian Australian theatrical works. Its incorporated association was formerly known as Theatre 4A. The company has its origins in
1431-520: The Federal Government through the Australia Council for the Arts . The centre has commissioned new work by Australian and international artists, and has been home to eight theatre, dance and film companies, including Performance Space , Sydney Chamber Opera and Moogahlin Performing Arts, and a weekly farmers' market has operated there for many years. On 4 May 2020, Carriageworks Limited,
1484-529: The Governor General of Australia , also used by visiting royalty , the first electric carriage, and the first air-conditioned train in Australia. From 1973, production at the site declined due to its inefficient older buildings, restrictive union practices and increased privatisation of carriage construction. The workshop was closed in 1988. In June 2002, the NSW Ministry for the Arts completed
1537-486: The Royal Samoan Police Band , Ryoji Ikeda with Superposition , and Xavier Le Roy's Self Unfinished presented by Carriageworks and Kaldor Public Art Projects. On 4 May 2020, the company operating the venue, Carriageworks Ltd, declared it would be entering voluntary administration and closing, citing an "irreparable loss of income" due to government bans on events during the COVID-19 pandemic and
1590-632: The Sydney Chamber Opera is noted for innovative programming, musical rigour and focus on theatre-making. Marrugeku is a dance company led by co-artistic directors choreographer /dancer Dalisa Pigram and director/ dramaturg Rachael Swain, who have worked together for 23 years. The company has Indigenous and non-Indigenous Australians working together to create new dance dance performances, working from both Broome in Western Australia, and Carriageworks. Between 2015 and 2018,
1643-1022: The AIA Architecture Award for the adaptive reuse of CarriageWorks, and the AIA Greenway Award for the heritage work. In August 2013, the Carriageworks cultural precinct doubled in size, adding 5,000 square metres (54,000 sq ft) to its existing premises in Redfern. Major programs presented at Carriageworks in 2013 included Ryoji Ikeda 's Test pattern (No 5) presented in association with Vivid Sydney 2013; FBi Radio 's 10th birthday; and Mercedes-Benz Fashion Week Australia. In 2014, Carriageworks presented Christian Boltanski 's Chance ; Ganesh Versus The Third Reich by Back to Back Theatre ; Tehching Hsieh ’s Time Clock Piece . In 2015, exhibitions included Sydney Buddha by Zhang Huan , 24 Frames Per Second an exhibition of 24 screen-based works of 18 Australian and 6 international artists, Siamani Samoa by Michel Tuffery and
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1696-510: The Asian Australian Artists Association Inc., which founded Gallery 4A (now 4A Centre for Contemporary Asian Art ) and Performance 4A in 1997. Carriageworks Farmers Market, is a weekly farmers' market for over seventy regular stallholders featuring seasonal fresh produce including organic , biodynamic foods from farmers and food producers across rural and regional New South Wales. It has operated at
1749-412: The administration or wind the company up. The DOCA is a binding agreement between a business and its creditors overseen by a deed administrator relating to how the company's assets will be managed to ensure better returns for its creditors than an immediate winding up. When a creditor petitions the court seeking a court liquidation (a court-mandated winding up) of an insolvent company, the court appoints
1802-516: The business's debts and capital; change of organizational and production structure of the debtor; full or partial nationalization; others. Following the dissolution of the Soviet Union and reforming the existing socialist law , in 1999 there was established a law "About restoring the debtor's solvency or declaring him bankrupt". The official who administers "sanation" is known as an "arbitral director" ( Ukrainian : aрбітрaжний керуючий ) and
1855-481: The company are prohibited from acting in their capacity as directors for the duration of the administration, while administrators are personally liable for any debts incurred by the company in the course of the administration. The Bankruptcy and Insolvency Act provides mechanisms for consumer and general proposals in order to give time for an insolvent person to be able to reorganize his affairs. For insolvent companies (or affiliated groups) owing more than $ 5 million,
1908-465: The company that operates the venue, entered voluntary administration and closed, citing an “irreparable loss of income” due to government bans on events during the COVID-19 pandemic , and the consequent negative impact on the arts sector . Carriageworks successfully emerged from voluntary administration and reopened its doors to the public in August 2020. The 51-hectare (130-acre) Eveleigh Rail Complex
1961-616: The company toured Cut The Sky , featuring singer Ngaire Pigram around the world. The play, described as "mix[ing] contemporary and traditional music, poetry, contemporary dance and visual media", was created by collaborators from Australia, West Africa, Belgium, Papua New Guinea, and India. The play was based on an historic Aboriginal land rights protest, and featured poems by Edwin Lee Mulligan and songs by singer-songwriters Ngaiire , Nick Cave , and Buffalo Springfield , which were sung by Pigram. On 9 December 2022 Marrugeku released
2014-478: The company, the directors, a creditor or any combination of them. The Enterprise Act 2002 amended the Insolvency Act 1986 to provide an out-of-court process to appoint an administrator to the holder of a floating charge or the company or its directors. This is considerably cheaper and simpler than the previous system, which involved an application to court. In the United Kingdom, an administration order
2067-495: The consequent negative impact on the arts sector. Having appointed KPMG as voluntary administrators, the Carriageworks management and stakeholders began working together to explore possibilities for its future. Carriageworks was the first major arts venue in the country to cease operations during the pandemic. The Media, Entertainment and Arts Alliance called for an urgent rescue by the state government. Carriageworks successfully emerged from administration and reopened its doors to
2120-680: The contemporary arts sector, used the space: Contemporary Asian Australian Performance, Erth, Sydney Chamber Opera , Force Majeure , Performance Space , Moogahlin, Felix Media, and Marrugeku. Erth have been producing visual theatre since the 1990, including puppetry -based productions and community projects. The company is inspired by natural history , Indigenous Australian folklore, sociology and urban mythology . They have produced long-running shows such as Erth’s Dinosaur Zoo and Erth's Prehistoric Aquarium , as well as new shows. The Liminal Hour and Winter Camp at Barangaroo for were commissioned for Vivid Sydney in 2018 and 2019. Felix Media
2173-575: The court can be produced at the courts discretion. Administration is analogous to going into " Chapter 11 " in the United States, although there are certain key differences, mainly stemming from the fact that English law does not include the debtor in possession concept. During the reorganisation period, as a result, the administrator usually runs the business rather than the directors, and any additional liquidity requirements effectively have to be met by funds provided by existing creditors rather than by any super-senior ' DIP financing '. The administrator
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2226-465: The court to appoint an administrator. The administrator must act in the interests of all the creditors and attempt to rescue the company as a going concern . If this proves impossible the administrator must work to maximise the recovery of the creditors as a whole. Only then may the administrator attempt to realise property in favour of one or more secured creditors. A firm is usually in administration for no more than 12 months, after which an extension from
2279-421: The directors and their creditors as to whether the company should enter into a deed of company arrangement, be wound up (i.e. liquidated ), or be returned to the control of the directors. After an administrator is appointed, there are two meetings of creditors, held within tight time-frames, with the second being the most important as it will decide whether to enter into a deed of company arrangement (DOCA), end
2332-571: The public in August 2020. Carriageworks is Australia's largest contemporary multi-arts centre. It has been supported by the New South Wales Government, receiving funding through Create NSW, and also federal government through the Australia Council. Its vision is "to be recognised as a multi-arts urban cultural precinct that engages and inspires Sydney's culturally diverse communities", and to that end has presented
2385-655: The purchase of the Carriage and Blacksmith Workshops at the Eveleigh site. Soon after, a construction project on the site commenced under the name of Carriageworks. Adaptive reuse of the workshop began in 2003 with the housing of numerous contemporary arts practitioners, and Carriageworks was officially opened in 2007. In 2008, the Australian Institute of Architects awarded Tonkin Zulaikha Greer with
2438-500: The remainder. Most countries distinguish between voluntary (board-decided) and involuntary (court-decided) receivership. In voluntary administrative receivership, the administrator is appointed by the company directors. In involuntary administrative receivership, the administrator is appointed by a judicial court. The legal terms for these processes vary from country to country, and the processes may overlap. In Australia, an external administrator, also called an insolvency practitioner ,
2491-668: The venue since 28 February 2009. The permanent market site is housed in the custom-renovated blacksmith's workshop. Before the COVID-19 pandemic, the market was attracting about 5,000 visitors each weekend. In November–December 2016, the 40th anniversary of NAISDA Dance College was celebrated in an exhibition at Carriageworks. Naya Wa Yugali ("We Dance" in Darkinyung language ) featured oral histories , photographs, film footage and artwork by Tracey Moffatt , Michael Riley , Juno Gemes , Lee Chittick and Elaine Kitchener as well as
2544-565: The workshop was upgraded to refurbish single-deck suburban carriages. Following this program ceasing the works closed in September 1989 after which it was used to store redundant carriages and to remove asbestos from locomotives and carriages. The western end of the site has been redeveloped as the Carriageworks theatre while the eastern end houses some of Transport for NSW 's heritage fleet. Voluntary administration As
2597-452: Was Director of Carriageworks from 2012 to December 2018, during which time she was responsible for its evolution into a multi-arts venue. She created partnerships with major events such as Sydney Festival , Vivid Sydney , and Mercedes-Benz Fashion Week Australia , as well as expanding the program to include major food events, and visitor numbers grew from 110,000 in 2010, to 1.32 million in 2017. Between 2012 and 2018, Carriageworks only made
2650-421: Was available as an alternative to administration, which has traditionally been a more rescue-oriented insolvency regime. This regime allowed the holder of a floating charge to appoint an administrative receiver to realise assets in his favour, and also to block an administration order sought by a borrower. This was felt to be too favourable to the floating charge holder at the expense of other creditors. Holders of
2703-489: Was built on the site between 1880 and 1889 and included the Eveleigh Carriage Workshops , part of which is occupied by Carriageworks. The railway workshops are very significant in the history of the New South Wales Government Railways , Australia's major rail network. Carriages for Sydney's expanding rail network were built and maintained within the building. They included the carriage constructed for
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#17327762288792756-510: Was introduced in January 2009 to assist Insolvency Practitioners in pre-pack cases. It was designed to make the process more transparent for creditors, and to ensure that fair value was obtained for the assets. In November 2009, the Office of Fair Trading announced a study into corporate insolvencies, with particular focus on pre-pack administrations, to report on whether the insolvency market
2809-520: Was listed in the April 2020 four-year funding round, the cap of A$ 500,000 means there is not nearly enough to maintain a "world-class, heritage-listed venue" as well as provide an ambitious program of commissions. Create NSW has been spending much more on arts buildings than programming in recent years, and the NSW Government did not swiftly announce and deliver bail-out support for the arts during
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