Direct Digital staff seeking lost wages
Thirteen workers at Melbourne-based Direct Digital Group (DDG) are owed a total of $109,135 after last week’s collapse of the print pioneer and communications agency.
A general meeting of members of the company late last week decided to wind up DDG and appoint Andrew Reginald Yeo and Gess Michael Rambaldi of Pitcher Partners as joint liquidators. A meeting of creditors will take place on Monday at the offices of Pitcher Partners in William Street, Melbourne.
Ian Cameron, assistant manager, Business Recovery and Insolvency Services, Pitcher Partners, told Print21 that DDG owes more than $109,000 to sacked workers and, at present, more than $200,000 to creditors:
The Company has ceased to trade upon appointment of Liquidators and the Liquidators are in the process selling the Company's assets. All staff have been terminated and outstanding employee entitlement claims to date total $109,135.07. At present, unsecured creditor claims total $200,608.39. The first meeting of the Company's creditors will be held at the offices of Pitcher Partners, at 3pm on 20 April 2015. Any creditors with a claim in the liquidation of the Company should contact the Pitcher Partners Melbourne office.
Items on the agenda at the creditor’s meeting may include a resolution to appoint a committee of inspection and a resolution to remove the liquidators from office and appoint someone else as liquidator. Other agenda items are: to receive a report as to affairs; to fix or determine the remuneration of the liquidator(s); to consider the early destruction of books and records; and any other business.
On its website, DDG describes itself as an Australian print pioneer with over 20 years experience across all industry sectors. The company ran a printing business – Copy Captain – via a shop-front in Clarendon St, South Melbourne. The DDG website offers digital marketing services and consumer print products, including 123cheese, a popular photobook producer.
DDG owner Mark Lynch has been unavailable for comment.