Check on Stacks collapse
THE Brisbane-based accountancy expert appointed as liquidator of the company which had been operating the oldest law firm on the Tweed and Gold Coast says his investigation has only just begun.
Certified practising accountant and registered liquidator Terry Rose, from insolvency experts SV Partners, has taken over as liquidator of T S Law Pty Ltd which had been trading as Stacks the Law Firm in Murwillumbah.
Mr Rose said yesterday all employees of the company had been terminated last week.
However he said some had been offered new employment under an arrangement which meant it was “business as usual” for the clients of the previous law firm.
“Some of those staff have taken up employment with other law firms,” Mr Rose said.
“From the clients’ point of view, it will be just business as usual.”