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Trustee Bar and Bistro, Beaufort Local placed into voluntary administration – Community Newspaper Group

TWO of Perths dining institutions have been placed into voluntary administration.

On Monday afternoon, administrators took over the company behind the Trustee Bar and Bistro on St Georges Terrace and Beaufort Local, which was formerly known as Beaufort Street Merchant.

Business owner Scott Taylor said the decision was not taken lightly.

There is still some inherent value in the business for us to achieve a fire sale so we can satisfy all of our obligations that we have outstanding to a number of people around the traps, Mr Taylor said.

Weve got 85 team members that we work with who turn up to work every single day and pour their heart and soul into what they do.

This was the best option for us to be able to ensure that the…

Read the full article at: https://www.communitynews.com.au/guardian-express/news/trustee-bar-and-bistro-beaufort-local-placed-into-voluntary-administration

Category: LiquidationBy Insolvency Advisory AccountantsNovember 3, 2017

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Trustee Bar and Bistro, Beaufort Local placed into voluntary administration – Community Newspaper Group

TWO of Perths dining institutions have been placed into voluntary administration.

On Monday afternoon, administrators took over the company behind the Trustee Bar and Bistro on St Georges Terrace and Beaufort Local, which was formerly known as Beaufort Street Merchant.

Business owner Scott Taylor said the decision was not taken lightly.

There is still some inherent value in the business for us to achieve a fire sale so we can satisfy all of our obligations that we have outstanding to a number of people around the traps, Mr Taylor said.

Weve got 85 team members that we work with who turn up to work every single day and pour their heart and soul into what they do.

This was the best option for us to be able to ensure that the…

Read the full article at: https://www.communitynews.com.au/guardian-express/news/trustee-bar-and-bistro-beaufort-local-placed-into-voluntary-administration/

Category: LiquidationBy Insolvency Advisory AccountantsNovember 2, 2017

Post navigation

PreviousPrevious post:The Sunshine Coast’s bankruptcy capital revealed – The Sunshine Coast DailyNextNext post:Hong Kong vows to further improve business environment after World Bank’s annual ranking – Xinhua

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NSW parents and staff frantic after childcare centre goes out of business without warning
June 7, 2025
Caravan builder Highline Caravans collapses into liquidation owing $1.14m
June 3, 2025
Collapsed tourism agent Traveldream may have taken customers’ money while insolvent
June 2, 2025
Is illegal phoenix activity rife among construction companies?
June 1, 2025
Australian private hospital giant’s liquidation threatens jobs and patients
May 31, 2025
Creditors owed more than $280K
May 31, 2025
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