Doughnut Time is getting liquidated despite its new chief executive saying he would buy the company and “turn it around”.
Its workers, who are owed more than an estimated $200,000 in unpaid wages, have also been kept in the dark.
None of the workers were told that the troubled dessert chain went into voluntary administration last Friday, and had appointed Michael Caspaney, the principal of Menzies Advisory, as its liquidator.
The ABC confirmed this…
Read the full article at: http://www.abc.net.au/news/2018-03-13/doughnut-time-enters-liquidation-workers-claim-taxpayer-compo/9541864
