THE depth of debt owed by the failed Sunshine Coast Pet Resort is yet to be confirmed as liquidators chase up a $169,000 loan from the business to directors Jack and Sam Brown.
Ms Brown has indicated a total debt of more than $660,000 but liquidator Cameron Crichton has not put a final figure on it.
Mr Crichton published a report on March 6 which said he believed the Meridan Plains company became insolvent about November 30, 2017.
It went into liquidation a little more than a year later when Mr Crichton was appointed by court order on December 7, last year.
The Sunshine Coast Pet Resort has been sold to new owners since going into liquidation in 2018.
Mr Crichton sold the business to new owner, Pet Care Centre, within a fortnight of be…
Read the full article at: https://www.sunshinecoastdaily.com.au/news/liquidator-chases-pet-resort-bosses-over-169k-loan/3668742/
