Food Chain report shows $9m owing

Food Chain report shows $9m owing
Food Chain sold ingredients and other food. (Image: Getty)
Staff reporters
More than $9.1m is owing in the liquidation of food supplier Food Chain, the first report in the insolvency shows. The company, which has ceased trading, had approximately 60 staff, and is also in receivership. The first liquidators' report of Adam Botterill and Damien Grant was published on July 10. It showed unsecured creditors are owed $5.79m but it is not clear who is owed what. The company had accounts receivable of $1.44m, with employees claiming approximately $85,000 and Inland Revenue owed $302,479. The Bank...