The former tenant of Sydney venue The Taphouse has gone into liquidation with debts totalling almost half a million dollars while the property’s owner is currently seeking a new occupant for the award-winning craft beer bar.
On May 23 at a general meeting of the members of the Taphouse Hotel Darlo Pty Ltd it was resolved that the company be wound up and that Daniel Frisken from insolvency and business advisory company O’Brien Palmer be appointed liquidator.
O’Brien Palmer told Beer & Brewer the estimated creditor pool to date, which includes employee entitlements, totals $455,384.99. They said creditors can expect an update into the company’s affairs, including details about its assets, liabilities, insolvency and voidable transactions, within three months. O’Brien Palmer added that the company’s solvency issues were attributed to increased costs and the post-pandemic recovery.
A sign on the door of the three-level Darlinghurst venue says its lease has been terminated by re-entry and the landlord has retaken possession of the premises. The beer bar’s social media accounts have also been closed.
Speaking with Beer & Brewer, a representative from The Taphouse’s property manager I.B…