ADMINISTRATORS for Ostwald Bros have revealed to The Chronicle the full list of creditors owed money.
The list includes big names such as Wagners, IOR Petroleum, Ergon Energy, FKG Group, Caltex and Coates Hire.
Staff are also believed to be owed about $4 million in redundancy payouts, but that number could climb if more workers are laid off.
The creditors are spread across four entities that make up Ostwald Bros, three of which are in voluntary administration while another, Ostwald Facilities and Accommodation, was placed into liquidation days before the first major announcement from the company…
Read the full article at: https://www.thechronicle.com.au/news/revealed-ostwald-bros-debt-ato-big-names/3221613/