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Little hope for Empire customers

Little hope for Empire customers

Although final figures are yet to be finalised by Empire Systems' appointed administrator, chartered accountants O'Brien Palmer, there seems little hope creditors and customers will see any of their outlays made to Empire Systems refunded.

According to O'Brien Palmer spokesperson Chris Palmer: "It is unlikely at this stage that any money will become available to both unsecured creditors and customers in the near future."

Palmer said the latest figures (although not finalised) show Empire Systems holds approximately $87,000 in know and real assets while Empire's creditors are owed in the vicinity of $3.6 million.


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