Creditors of Hashtag Public Bar will meet with administrators Grant Thornton in Melbourne today after the Kennington watering hole went into administration last week.
Subscribe now for unlimited access.
$0/
(min cost $0)
or signup to continue reading
Creditors will vote on whether to appoint a committee of creditors and decide whether the current administrators should be retained or new administrators appointed.
Grant Thornton’s Matt Byrnes and Andrew Hewitt will also answer general questions on the business’ future.
A decision on whether to wind up the company will be made at a second meeting at a date to be determined.
Hashtag has been closed since the administrators were appointed last Monday.
All creditors will receive a detailed report prior to the second meeting at which a decision on the bar’s future will be made.
It is still not known how many creditors will seek remuneration or how much money may be owed.
The number of employees affected also remains unclear.
