Kylie Hollard.
The Dick Smith collapse has led to an investigation by National Australia Bank and HSBC to explore action against the six former directors of the company and its auditor, Deloitte, but who really is to blame? Should creditors be aware of the warning signs? Staples Rodway Associate, Kylie Hollard, tells us the warning signs, the risks, and the ways to protect yourself from the dreaded word liquidation.
The recent closure of electronics retailer, Dick Smith, leading to around $400 million of debt being owed, poses many questions about how to protect yourself as a creditor and what to do next if you are unfortunate enough to be in this sit…
Read the full article at: http://www.nzbusiness.co.nz/articles/how-could-liquidation-affect-you