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Bitter E3 Style Infighting Revealed After Voluntary Administration – Smart Office

The CEO of Queensland based distributor E3 Style Vanessa Garrard claims that her Company, has not been placed into liquidation, she claims that E3 Style, which is suffering from cash flow problems, was deliberately placed into voluntary administration.

Garrard claims that the Company became the largest licensed electronics distributor in Australia and that her Company will continue to trade, and that she has every intention of fulfilling all existing orders. She has not said whether she has the ongoing financial capacity to fund the placing of further orders with overseas manufacturers.

Documents lodged with the Australian Securities and Investment Commission clearly states that a registered Liquidator Domenico Alessandro Calabretta …

Read the full article at: http://smartoffice.com.au/bitter-e3-style-infighting-revealed-after-voluntary-administration/

Category: LiquidationBy Insolvency GuardianSeptember 16, 2017

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Bitter E3 Style Infighting Revealed After Voluntary Administration – Smart Office

Garrard claims that the Company ‘became the largest licensed electronics distributor in Australia’ and that “her” Company will continue to trade, and that she has every intention of fulfilling all existing orders. She has not said whether she has the ongoing financial capacity to fund the placing of further orders with overseas manufacturers.

Documents lodged with the Australian Securities and Investment Commission clearly states that a registered “Liquidator” Domenico Alessandro Calabretta has been appointed as an External Administrator to the Company.

E3 Style, called in the administrators on April 15, Domenic Calabretta from Mackay Goodwin was appointed voluntary administrator, he has not returned our calls.

A creditors’ meeting i…

Read the full article at: http://www.smartoffice.com.au/business/88VDKZ46-bitter-e3-style-infighting-revealed-after-voluntary-administration.aspx

Category: LiquidationBy Insolvency GuardianApril 25, 2016

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