ROBERT KITCHIN/FAIRFAX NZ
Dick Smith stores have remained open while receivers and administrators try to get the business sorted for sale.
Almost 200 Dick Smith New Zealand staff are owed $353,000 by the company and it is uncertain whether they will get their money.
Dick Smith’s administrators McGrathNicol held the first New Zealand creditors meeting in Auckland on Friday, where they revealed the amount owed by Dick Smith NZ to staff.
They also revealed two secured creditors were owed an estimated $135 million, and a further 49 trade creditors over $11m….
Read the full article at: http://www.stuff.co.nz/business/industries/75896418/dick-smith-nz-creditors-meet-in-auckland