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NDP in voluntary administration – Stock & Land

 Deloitte Restructuring Services partners, Glen Kanevsky and Sal Algeri, were appointed voluntary administrators of NDP early this morning.

Glen Kanevsky, Voluntary Administrator and Deloitte Restructuring Services partner said it was early days, as far as our appointment is concerned.

We are aware of recent media reports related to the companys operations, but it would be inappropriate for us to comment on these reports, Mr Kanvesky said.

We need to do our own investigations to understand the events and circumstances leading up to our appointment.

We are engaging with suppliers and other critical stakeholders and will provide them with further communications as soon as practical.

Earlier this week, NDP managing director Tony Esposito admitte…

Read the full article at: http://www.stockandland.com.au/story/4299217/ndp-in-voluntary-administration/?cs=5307

Category: LiquidationBy Insolvency GuardianNovember 17, 2016

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NDP in voluntary administration – Stock & Land

 Deloitte Restructuring Services partners, Glen Kanevsky and Sal Algeri, were appointed voluntary administrators of NDP early this morning.

Glen Kanevsky, Voluntary Administrator and Deloitte Restructuring Services partner said it was early days, as far as our appointment is concerned.

We are aware of recent media reports related to the companys operations, but it would be inappropriate for us to comment on these reports, Mr Kanvesky said.

We need to do our own investigations to understand the events and circumstances leading up to our appointment.

We are engaging with suppliers and other critical stakeholders and will provide them with further communications as soon as practical.

Earlier this week, NDP managing director Tony Esposito admitte…

Read the full article at: http://www.stockandland.com.au/story/4299217/ndp-in-voluntary-administration/

Category: LiquidationBy Insolvency GuardianNovember 16, 2016

Post navigation

PreviousPrevious post:Univision Plans Major Staff Cuts, Restructuring – TVNewserNextNext post:National Dairy Products appoints voluntary administrator – ABC Online

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June 7, 2025
Options after liquidation of Neo Victoria Developments
June 7, 2025
Reforms of Small Business Insolvency in Australia and India
June 7, 2025
After Chapter 11 bankruptcy, fast-food chain faces liquidation – MSN
June 7, 2025
Patients left 'devastated' as Canberra fully bulk-billed GP and allied health clinic enters voluntary administration – MSN
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