The director of a childcare company that plans to acquire 31 underperforming centres from G8 ran another childcare venture that went broke late last year, owing almost $5 million rent to a landlord.
Darren Misquitta, director of Genius Childcare, was also accused of failing to supply key financial records to a liquidator, according to a report to creditors filed earlier this month. Mr Misquitta has since told The Australian Financial Review he had retained lawyers “to work with liquidators”.
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