MORE than three years since CQ Leagues Club went into receivership, the company which left a debt of more than $2.5 million, is expected to be wound up by next month.
Documents submitted to the Australian Securities and Investments Commission in April this year reveal $2,585,150.34 was owed to creditors with $495,694.23 paid since the liquidation date.
The companies assets were estimated at $505,665.06 with no future income expected.
Employee wages and superannuation owed was estimated at $815.
There was a further $101,999 owed in employee leave and redundancy payouts however it is understood this has been paid out under the Federal Gov…
Read the full article at: https://www.themorningbulletin.com.au/news/cq-sports-club-liquidation-nearing-completion-thre/4048416/