Tiger is looking for 15 DECs, Jetstar looking for DECs, Korean, Air China, Emirates, China Southern, China Airlines, Vietnam, Qatar, etc, etc, all looking for DECs. Possessing the correct attitude, a valid medical before flying and a past career that doesn't look like someone stepped in very fresh Great Dane poop helps.
Back to the thread.
KordaMentha's latest report is out and it aint pretty. The sole Director of the many companies has yet to supply a compliant report. Creditors will see nothing of the $90 million owed. KM have taken $400k to date of the $420k that was left and it appears that employee's may get a very small amount of their stolen $2 million in super and only about 1/3 of their $10 million in entitlements. KM is going back 6 months looking for preferential payments. With only $20k left in the kitty, KM have recommended that all of the companies be liquidated (except SEA).
The minute a company reaches the point where they are unable to pay their employee's super and
full entitlements, they should be deemed insolvent.
