Staff have been left fuming after an arm of a major hospitality chain collapsed into liquidation owing them thousands of dollars while other parts of the business continue to operate.
Last week, news.com.au reported that Melbourne-based Legacy Hospitality Group Pty Ltd went into voluntary liquidation.
It had debts of $1.725 million, the bulk of it tax debts, but also a further $172,000 was owed to 241 staff members from unpaid superannuation, according to a report filed with the corporate regulator and compiled by the appointed liquidators, Andrew Knight and Sebastian Hams of insolvency firm KordaMentha. There are government schemes in place for unpaid wages if a company goes under, but this does not yet extend to recovering unpaid super….
Read the full article at: https://www.news.com.au/finance/work/at-work/staff-left-fuming-from-collapse-of-business-in-melbourne-hospitality-chain-while-other-companies-operate-as-normal/news-story/675457d514424ab94a02a39e9e50cc73