Gunns liquidators give assurances 20150901 p5tijk.html – Breaking News & Latest Updates 2026
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This was published 11 years ago

Gunns liquidators give assurances

AAP

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The administrators of Tasmania's failed Gunns forestry company have promised to go easy on local businesses as they work to collect more than $2 billion owed to creditors.

There are fears that contractors will be pursued to recoup funds and Tasmanian Resources Minister Paul Harriss said liquidators PPB Advisory have explained there are obligations to ASIC and the courts to ensure creditors are treated fairly.

But the minister also secured an assurance from the liquidators.

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"They will have regard to the financial circumstances of Tasmanian businesses including contractors and the need to avoid further insolvencies," he said.

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