Vocus-owned telecommunications provider Primus Telecoms is owed $51,000 by failed retailer Payless Shoes, which is being liquidated with the loss of up to 730 jobs.
Phone and data provider Primus is not the only tech company facing a haircut from the insolvency human resources software vendor HR3 is owed $29,000, solution provider Fusion5 Business Solutions is owed $7000 and EFTPOS supplier Quest Payment Systems is owed nearly $9000, according to a report to creditors.
However, these debts are relatively minor amid a corporate delinquency set to cost unsecured creditors tens of millions of dollars.
Administrators Ferrier Hodgson have announced a “disappointing outcome”, with all 132 Payless Shoes stor…
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