Question
3) Lean Oranges Pty Ltd failed to repay its various loans, overdraft and corporate credit card debts totalling $5 million to CNZ Ltd ('CNZ), it
3) Lean Oranges Pty Ltd failed to repay its various loans, overdraft and corporate credit card debts totalling $5 million to CNZ Ltd ('CNZ), it was placed into voluntary administration by Ben, and Michelle (a registered liquidator) was appointed as the administrator. Michelle's preliminary investigations have indicated that the administration of Lean Oranges is likely to be a long and complex process, and she seeks your legal advice on the following points: She has received letters demanding repayment from:
a. the landlord of Lean Oranges premises for outstanding rents;
b. the supplier of their inventory management systems for overdue payments;
c. Lean Oranges energy company for overdue power bills
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