Failed ad agency Hammond & Thackeray continues to trade as liquidators look to claw back debts

January 25, 2018 11:49

Healthcare and rural ad agency Hammond & Thackeray is continuing to trade after the liquidator, BRI Ferrier, decided completing work in progress would recover more money for creditors, including subsidiaries of News Corp and Fairfax, who are currently owed an estimated $4.4 million.

However, in the report to creditors issued yesterday, the liquidator claimed the bulk of outstanding invoices would be unlikely to be repaid.

Mumbrella understands a number of creditors are deeply unhappy about the matter with at least four expressing interest in appointing a new liquidator.

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Paul Wallbank

Paul Wallbank was news editor at Mumbrella between June 2017 and June 2019. Previously he's covered business and technology issues for outlets ranging from The Australian and Sydney Morning Herald to the ABC and Business Spectator.

Topics

Anthony Northam BRI Ferrier Brian Robson Hammond & Thackeray Healthy Thinking Group liquidation

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Failed ad agency Hammond & Thackeray continues to trade as liquidators look to claw back debts

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