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Post by ComfortZone on Sept 27, 2024 4:18:30 GMT 12
Yep and they get paid first. Yes, receivers first, IRD second, employees 3rd, secured creditors 4th and unsecured creditors last |
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Post by ComfortZone on Sept 28, 2024 5:11:06 GMT 12
I just can't understand why you'd say that Oh, hang on a moment..
3 bids so far, the world is indeed going totally troppo
they sure have some tired boats out the back, this one is certainly accurately portrayed Large Catamaran Wreck on Trailer
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Post by GO30 on Sept 28, 2024 14:55:40 GMT 12
Yep and they get paid first. Yes, receivers first, IRD second, employees 3rd, secured creditors 4th and unsecured creditors last Stupid interweb, haven't been able to get in for days and once in 1 have 5min before getting booted. Anyway,
Employees are higher now, 2nd with IRD, but they tend to prioritise employees before IRD if the remains aren't enough for everyone. I think it was during Keys Govt it changed to making employees the priority, as it should have decades ago.
I've always had immense pleasure telling the bank and IRD that if I ever went tits up I'd go out of my way to make sure they were the last to get paid.
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Post by GO30 on Sept 28, 2024 14:58:10 GMT 12
Large Catamaran Wreck on Trailer Full credit to the liquidator for calling a spade a spade.
I suppose they are charged by law to get what they can however they can but that one, really?
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