Moana Pasifika’s liquidation process is underway, with liquidators’ first report estimating the collapsed Super Rugby franchise faces creditor claims of about $8.2 million. The report, prepared by liquidators appointed after the franchise’s collapse, outlines the size of the liabilities and who is seeking payment from the estate. Both outlets report that the claims include amounts owed to people connected to the operation of the team, including players and staff. The liquidators’ findings focus on creditor exposure as the next steps in the insolvency process begin, including how claims will be assessed and handled. The reporting does not indicate, in the available accounts, what portion of the $8.2 million will ultimately be recoverable or paid out, or whether there are other outstanding categories of claims beyond those identified in the early report. The figures therefore describe reported creditor claims at this initial stage rather than final outcomes for creditors. Further updates are expected as the liquidation proceeds and claims are verified.
Liquidators’ first report estimates $8.2m creditor claims against Moana Pasifika
Moana Pasifika’s liquidation process is underway, with liquidators’ first report estimating the collapsed Super Rugby franchise faces creditor claims of about $8.2 million. The report, prepared by liq...
- Liquidators appointed to Moana Pasifika provide a first report following the franchise’s collapse.
- The report estimates creditor claims total about $8.2 million.
- The claims include amounts owed to players and staff.
- The figures reported are creditor claims identified at an early stage of the liquidation process.
- Further assessment of claims is expected as the liquidation continues.
The first report into Moana Pasifika's collapse estimates creditor claims of $8.2 million and reveals players and staff are among those owed money.
2 months agoMoana Pasifika is facing more than $8 million in creditor claims, according to the first report from liquidators appointed to the collapsed Super Rugby franchise.
2 months ago
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