Outlook grim for Kitchen Things creditors owed $16.6m, company on brink of liquidation
“On the basis that no party has proposed a deed of company arrangement [Doca] and the companies remain insolvent, it is the administrators’ current opinion that it would be in creditors’ interests for liquidators to be appointed to the companies,” the report said. Receivers at Grant Thornton are continuing to trade the businesses and sell…

