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Russell Smith: Tasmanian company goes bust, workers out of pocket, union claims – ABC Online


Related Story:
Hundreds of jobs axed as electrical firm folds

A Tasmanian communications and electrical company has racked-up more than a million dollars in debt and owes workers hundreds of thousands of dollars in entitlements after forming two years ago, according to the union representing its workers.

Russell Smith, which describes itself on its website as “Unquestionably Tasmania’s leading electrical and communications contractor”, formed out of the ashes of Russell Smith PSG, which went bust in 2014.

It has now declared insolvency.

Communications Electrical and Plumbing Union state organiser Mick Anderson sai…

Read the full article at: http://www.abc.net.au/news/2016-09-24/russell-smith-tasmanian-electrical-goes-under-entitlements/7874186?section=tas

Category: BankruptcyBy Insolvency GuardianSeptember 24, 2016

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Russell Smith: Tasmanian company goes bust, workers out of pocket, union claims – ABC Online


Related Story:
Hundreds of jobs axed as electrical firm folds

A Tasmanian communications and electrical company has racked-up more than a million dollars in debt and owes workers hundreds of thousands of dollars in entitlements after forming two years ago, according to the union representing its workers.

Russell Smith, which describes itself on its website as “Unquestionably Tasmania’s leading electrical and communications contractor”, formed out of the ashes of Russell Smith PSG, which went bust in 2014.

It has now declared insolvency.

Communications Electrical and Plumbing Union state organiser Mick Anderson sai…

Read the full article at: http://www.abc.net.au/news/2016-09-24/russell-smith-tasmanian-electrical-goes-under-entitlements/7874186

Category: BankruptcyBy Insolvency GuardianSeptember 23, 2016

Post navigation

PreviousPrevious post:EnerNOC lays off 200 in restructuring effort – Boston Business Journal – Boston Business JournalNextNext post:Need debt help but too embarrassed to ask? – Asianjournal.com

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Intercontinental Exchange CEO bought Warren Buffett’s near-bankrupt company for $1,000
August 16, 2026
JSW Mahanadi Power and Raigarh Champa Rail Reach Amicable Settlement in NCLAT Dispute, ETEnergyworld
August 16, 2026
Singapore Nozomii vending business collapse leaves 40 investors facing over RM12m in losses
August 16, 2026
Singapore Nozomii vending business collapse leaves 40 investors facing over RM12m in losses
August 16, 2026
PANDION's Insolvency Cascade Deepens as Five Subsidiaries Seek Protection – ad-hoc-news.de
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Vending machine boss bankrupted; investors lose $4m
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