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Russell Smith: Tasmanian company goes bust, workers out of pocket, union claims – ABC Online


Related Story:
Hundreds of jobs axed as electrical firm folds

A Tasmanian communications and electrical company has racked-up more than a million dollars in debt and owes workers hundreds of thousands of dollars in entitlements after forming two years ago, according to the union representing its workers.

Russell Smith, which describes itself on its website as “Unquestionably Tasmania’s leading electrical and communications contractor”, formed out of the ashes of Russell Smith PSG, which went bust in 2014.

It has now declared insolvency.

Communications Electrical and Plumbing Union state organiser Mick Anderson sai…

Read the full article at: http://www.abc.net.au/news/2016-09-24/russell-smith-tasmanian-electrical-goes-under-entitlements/7874186?section=tas

Category: BankruptcyBy Insolvency Advisory AccountantsSeptember 24, 2016

Post navigation

PreviousPrevious post:EMRISE CORPORATION Announces Estimated Date and Amount of Third Liquidation Dividend Distribution to … – GlobeNewswire (press release)NextNext post:Options for the distressed depositor – The Hindu

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Russell Smith: Tasmanian company goes bust, workers out of pocket, union claims – ABC Online


Related Story:
Hundreds of jobs axed as electrical firm folds

A Tasmanian communications and electrical company has racked-up more than a million dollars in debt and owes workers hundreds of thousands of dollars in entitlements after forming two years ago, according to the union representing its workers.

Russell Smith, which describes itself on its website as “Unquestionably Tasmania’s leading electrical and communications contractor”, formed out of the ashes of Russell Smith PSG, which went bust in 2014.

It has now declared insolvency.

Communications Electrical and Plumbing Union state organiser Mick Anderson sai…

Read the full article at: http://www.abc.net.au/news/2016-09-24/russell-smith-tasmanian-electrical-goes-under-entitlements/7874186

Category: BankruptcyBy Insolvency Advisory AccountantsSeptember 23, 2016

Post navigation

PreviousPrevious post:EnerNOC lays off 200 in restructuring effort – Boston Business Journal – Boston Business JournalNextNext post:Need debt help but too embarrassed to ask? – Asianjournal.com

Related Posts

Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
July 17, 2024
Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
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