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Another Ha company goes belly up

Tuesday 6th of March 2012

C&C liquidator John Gilbert has been appointed to wind down Airfield, the sixth Ha business he has been asked to oversee.

"There's a whole group of them that are very tied up and owe money to each other," Gilbert said.

Citing the fact he has only just commenced the Airfield liquidation, Gilbert said he was unable to offer any view on the cause of its demise.

However, he did say "it wouldn't be unreasonable to draw the conclusion" that the interconnected structure of Ha's operations meant "when one particular peg gets pulled it can pull the whole clothes line down."

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