UPDATE 12.30pm: A NUMBER of the Daily’s readers have taken to our Facebook page to vent their frustration after yet more workers have suffered with a prominent local restaurateur’s company going into liquidation.
The Daily broke the news this morning of the demise of Todd Young Investments Pty Ltd, directed by Todd Young, who operated through a trust the Bella Venezia restaurant in Mooloolaba.
The collapse of the company means 23 unsecured creditors are owed more than $730,000 while early investigations have revealed about 120 former staff are owed about $125,000 in unpaid superannuation.
Rebecca Morgan was dubious as to how much money, in the event they do see some, employees would actually receive.
Carissa Dow said i…
Read the full article at: http://www.sunshinecoastdaily.com.au/news/staff-owed-as-company-collapses/2905701/