Ezibuy administrators racked up $1.5m bill for two months' work

The retailer was put into liquidation last month. (Image: NZME)

Mon, 21 Aug 2023

The former administrators of the now-collapsed retailer, Ezibuy, racked up bills of more than $1.5 million during their two months figuring out what to do with the business.Olvera Advisors' Damien Hodgkinson and Kate Barnet were appointed administrators of the Palmerston North retailer in April by its parents, Australian securities exchange-listed Mosaic Brands, which had the intention of proposing a restructure which would have seen Ezibuy emerge as a “simplified, profitable, cash-generative online-only” operation.But, aft...

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