The report also noted Rupe undertook a sale and transfer of the “SPQR” trademark to a related party prior to liquidation.
McCullagh and Lawrence established that while the sale had not been completed, the trademark was transferred to the related party.
The liquidators recently organised the transfer of the trademark back to the company and are making inquiries to sell the trademark.
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The Herald attempted to contact Rupe for comment but did not receive a response.
Assets sold but debt remaining
Since being appointed as liquidators in July last year, McCullagh and…
