East Imperial owes $22.7m, liquidators' first report says

East Imperial was founded in 2012 in New Zealand. (Image: Babiche Martens)

Wed, 07 Aug 2024

Tonic and mixer company East Imperial owes at least $22.7 million, according to the first liquidators' report.Deloitte’s David Webb and Rob Campbell were appointed liquidators of the Auckland-based company on July 30.According to the report released Tuesday on the Companies Office website, East Imperial owes $22.5m to unsecured creditors, $21.7m of which are intercompany liabilities and $815,000 to other unsecured creditors.Campbell told BusinessDesk that intercompany liabilities mainly relate to group funding provided by East Im...

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