A popular inner brisbane restaurant has entered liquidation after its two owners were disqualified from running companies by ASIC over their other failed companies.
The federal court ordered Italian eatery Eterna to enter liquidation last week after the Australian Taxation Office applied to wind up the company.
Professional services firm Vincents’ restructuring and recovery director Ashley Leslie was appointed by the court as the liquidator for the restaurant.
“We are currently reviewing the financial position of the company to assess the options available to preserve and maximise the value of the assets for the benefit of all stakeholders,” Ms Leslie said.
“We will be engaging with stakeholders in the near future to determine the position going forward.”
The late-night hotspot, located in Fortitude Valley, aimed to serve traditional Roman-styled food to an upper-class market when it opened in 2020.
After just a year the team announced that they were temporarily closing the highly praised diner but…