Matt Blatt chain collapse leaves customers out of pocket despite $4.4m asset sale

Liquidator of company that owned furniture brand understood to be investigating sale of stock and intellectual property

More than 3,000 customers owed money by the failed replica-furniture chain Matt Blatt are set to receive nothing, even though the company reaped more than $4.4m by selling assets in the weeks leading to its collapse.

Customers, some of whom are owed more than $1,000, were informed of the collapse by text message a fortnight ago.

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from World news | The Guardian https://ift.tt/37ssY3P
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