Administrators for Australian salad producer Dicky Bill have reported that outstanding debts to staff and suppliers could exceed US$10 million, following the company’s entry into voluntary administration late last month.
Dicky Bill went into administration on December 1, leaving about 180 workers seeking alternative employment ahead of the Christmas period. The business operated two farms, one in Maffra, Victoria, and another in Drinan, west of Bundaberg in Queensland, producing leafy salad vegetables and herbs throughout the year.
According to a report by restructuring firm Cor Cordis, trade suppliers are owed about A$6.5 million, equivalent to roughly US$4.3 million, while unpaid wages and entitlements to 165 staff total…