Tinkler's Patinack Farm placed in liquidation
By DONNA PAGE
Nov. 21, 2012, 1:22 p.m.
NATHAN Tinkler’s Patinack Farm Administration has been placed in liquidation over a $17,000 debt owed to WorkCover South Australia.
The Federal Court, sitting in Adelaide, ordered the company be wound up and its assets liquidated this morning.
The company, which lists Mr Tinkler and Hunter Sports Group chief executive Troy Palmer as directors, owed $16,977.56 in unpaid levies
Yesterday the NSW Supreme Court ordered’s Mr Tinkler’s Mulsanne Resources be placed in liquidation after it failed to settle a $28.4 million debt with Queensland coal explorer Blackwood Corporation.
It is understood Mr Tinkler’s racing empire Patinack Farm employs more than 70 people in the Hunter Valley.
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