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Administrators appointed to TLC IT Managed Services

Administrators appointed to TLC IT Managed Services

First creditor meeting will be held on June 7

Melbourne-based TLC IT Managed Services has gone into administration just weeks after its former parent was liquidated.

Brad Tonks and Chris Wykes from Lawler Partners were appointed joint administrators on May 26. According to a statement sent by the duo to TLC IT Managed Services employees, and sighted by ARN, administrators are now looking into the affairs of the company and will provide further details at the creditors’ meeting on June 7.

TLC IT Managed Services, which is owned by Alan Chapman, was one of several subsidiaries held under the TLC IT Group. As previously reported by ARN, the parent company and a second subsidiary, TLC Data Security, were liquidated on April 16.

TLC IT Group once held a 100 per cent stake in TLC Managed Services, but despite the failure of the parent company continued to trade.

According to the Lawler Partners statement, Genesis MSP will now operate the TLC IT Managed Services business from May 26. ARN understands Chapman is the owner of Genesis MSP. Chapman had not responded to calls for comment.

“Any staff required to operate the business from May 26 will be employed by Genesis MSP,” the statement said. “For avoidance of doubt, Genesis MSP will be responsible for the payment of all employment costs, expenses and liabilities, which accrue or are incurred after May 26, including without limitation wages, superannuation, contributions, annual leave, workers compensation premiums, taxes and other statutory costs or charges.”

The statement also said employees with outstanding entitlements may also be protected by the Government’s General Employee Entitlements and Redundancy Scheme [GEERS].

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Tags TLC IT GroupTLC IT Managed Services

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