Tortoise & Hare fashion boutique enters liquidation owing $670,000

Tortoise & Hare fashion boutique enters liquidation owing $670,000
At the time of liquidation Tortoise & Hare had $91,000 in assets, leaving it $578,000 insolvent. (Image: Getty)
John Anthony
Fashion boutique Tortoise & Hare has entered into liquidation, owing creditors nearly $580,000. The liquidators have confirmed that the company operated from three leased premises, which are now being vacated.The first liquidators’ report, publicly available via the Companies Office, said a creditor had petitioned the High Court to have Tortoise & Hare placed in liquidation. Still, the company’s shareholders appointed liquidators voluntarily before the case was heard.The company entered liquidation on Sept 29, with Raym...

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