Friday, August 8, 2014

Businesswoman Jan Cameron in $14m insolvency deal

Tasmanian businesswoman Jan Cameron has paid almost $14 million to settle a potential insolvent trading claim.


Ms Cameron's company, Retail Adventures, operated hundreds of Chickenfeed, Go-Lo, Crazy Clark's and Sam's Warehouse stores before it collapsed in 2012.


A Deloitte partner had a potential claim against the directors for trading while the company was insolvent.


Creditors were informed by the liquidator that a settlement of $13.8 million had been received from Ms Cameron.






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