Award winner still operating despite bankruptcy and massive creditor claims
Downtown Pizzeria Pty Ltd went into liquidation owing $1.39m to creditors, including the tax office. Yet the Albury business stays open. It recently won a hospitality award.
Why it mattersThe case raises questions about how award-checking processes work. It also raises questions about whether creditors understand a business's true financial position before awards are given.
AustraliaAustralian award systems and business creditor protections are being scrutinised through this Albury business case.
✓ Claims checked against the source and corrected before publish. checked 1 h ago
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