Post by Marc Rossi
Partner at Mills Oakley | Insolvency | Recoveries | Restructuring | Financial Services | Disputes | Litigation | Corporate Commercial
Heartland Wines: the popular wine producer (in the game for around two decades) has gone into voluntary administration; administrators from Clifton Hall have been appointed; tough economic conditions and mounting debts were key contributors; various workers and stakeholders have been impacted; the administrators are assessing options for the business; creditors are due to decide whether the producer will be returned to the control of directors, will continue through a DOCA or go into liquidation. Watch this space. Early professional advice is key for all stakeholders. https://lnkd.in/e44E4MMV