G'day,
On Monday this week the Creditors of Fisher Manufacturing Pty Ltd elected to place the Company in liquidation. This Company effectively no longer exists. According to the report presented to creditors at this meeting they stand to receive between $0.24 and $1.00 in the dollar value of their debt.
After that the creditors of Fisher Boats Pty Ltd elected to place that Company in liquidation. This Company effectively no longer exists. According to the report presented to creditors at this meeting they stand to receive $0.00 in the dollar value of their debt. A motion was moved at this meeting to appoint a Committee of Inspection. I am a member of that Committee.
It is unclear whether the termination of employees of the Companies was made according to law. Any employee of the Companies who is unsure about the terms of their termination, their payment for entitlements or their superannuation should contact KordaMentha now.
Customers and suppliers who have not lodged a Form 535 (Proof of debt) should do so immediately.
If you are uncertain about your status and need assistance in these matters, please contact me by PM or addressed to the following. Everything I know is posted here and I have nothing to add. Apart from those that need assistance I request that my privacy is respected.
The Administrators may wish to seek an official post from KordaMentha.
Stephen Minslow
aka: White Pointer
stephen.minslow@bigpond.com
0419 721 371