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Colette administrators not liable for rent payments in COVID-19 downturn, court rules
Restructuring & Insolvency 2020-04-15 8:12 pm By Miklos Bolza Sydney
Administrators of collapsed retailer Colette by Colette Hayman will not have to pay over $714,000 in rent after court ruled that a temporary rent freeze in light of the COVID-19 crisis was in the interests of the company's creditors.
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