NATIONAL: Minutes from the first meeting of creditors of Ed Hardy Australia have revealed initial claims totalling $9.3 million.
Liquidator Simon Wallace-Smith advised the meeting that there were 13 creditors present for Ed Hardy Operations totalling $9,347,452. National Bank ANZ was the hardest hit with a $4.3 million claim.
It is understood additional amounts are also owed to unsecured creditors and employees, with the final tally likely to be over $15 million.
The company was placed into liquidation following a second creditors meeting this month. For more, pick up a copy of Ragtrader's September 24 edition.