Liquidator for Gilby’s
PA Wellington Business Communications, Ltd, the company which ran Gilby’s Business Institute, had debts totalling $138,000, a meeting of creditors was told. The company’s receiver, Mr Peter Sherwin, said the meeting had appointed a deputy official assignee, Mr Jeffrey Fagerlund, as the company’s liquidator. Mr Sherwin said the meet-
ing, attended by former students, tutors and other creditors, was informed that the company owed about $BO,OOO to the National Bank. A further $34,000 was owed to former owners of the institute, Gilby’s Business College, Ltd. Another 22 creditors have claimed $24,573. These include four claims for outstanding wages. There are also six claims for refunds of fees.
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Bibliographic details
Press, 2 May 1985, Page 30
Word Count
110Liquidator for Gilby’s Press, 2 May 1985, Page 30
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