Cape Town – The Western Province Rugby Union has been granted a final liquidation order of their commercial arm, the WP Rugby (Pty) Ltd, in the Western Cape High Court on Tuesday.
The WP Rugby Union were handed a provisional liquidation order for the company on November 7, but the final liquidation was opposed by one of the creditors, Aerios, who has lodged a claim of around R72 million for a contract it had with WP Rugby (Pty) Ltd to provide services such as wi-fi, media and other commercial rights.
But Judge Ashley Binns-Ward made the liquidation order final on Tuesday, which means that the company is now liquidated.
Chris van Zyl, managing director of Mazars Recovery and Restructuring, is the appointed liquidator.
Since the provis…
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