Troubled gym chain Derrimut 24:7’s allegedly neglectful maintenance of its mega branches could see it lumped with a seven-figure payout after a customer was seriously injured in its carpark.
A court ruled in November landlord Dimitri Aretzis could evict the chain from its Melrose Park premises over unpaid rent - on the same day Derrimut’s flagship company went into administration. “We are ...
A billion-dollar businessman who has bought out troubled Melbourne gym franchise Derrimut 247 has vowed to end the “erratic” ...
Popular gym chain Derrimut 24:7 is in financial strife, with the tax office chasing a multimillion-dollar debt and several branches shut over unpaid rent. So what does it all mean for gym-goers? While ...
Over 300 creditors with a value of $18.41m voted in favour of the estimated $34m deal, which will see employed and secured creditors paid out in full and unsecured creditors receive up to 50 cents in ...
Former NRL player Wes Maas has revealed to the Herald Sun that Derrimut 247 founder Nick Solomos will finish up with the company, saying Derrimut 247 will undergo a partial rebrand, including a new ...
While the business continues to trade for now, the looming court decision creates uncertainty over the future for members, staff and landlords. Derrimut is an Australian fitness chain founded in 2010, ...