Rupe has since been declared bankrupt and banned from running a company for eight-and-a-half years for alleged mismanagement that led to SPQR’s demise.
In their final report into the company, liquidators Christopher McCullagh and Stephen Lawrence of PKF Corporate Recovery & Insolvency confirmed there were no further recoveries available for distribution and the company would be removed from the register.
ANZ Bank, which held a first-ranking general securities agreement (GSA), received $9855 from its claim of $263,557 in relation to overdraft facilities, credit card and merchant fees.
Prospa held a second-ranking GSA over the company’s assets and submitted a claim for $93,460.54 concerning a loan.
Eight other claims were made by secured…