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Reports find SPQR owes over $2 million to IRD, other creditors

Author
Newstalk ZB,
Publish Date
Thu, 18 Jul 2024, 7:46pm
SPQR restaurant in Ponsonby Rd is now in liquidation. File photo/ Jason Oxenham
SPQR restaurant in Ponsonby Rd is now in liquidation. File photo/ Jason Oxenham

Reports find SPQR owes over $2 million to IRD, other creditors

Author
Newstalk ZB,
Publish Date
Thu, 18 Jul 2024, 7:46pm

The first liquidators' report on Auckland's SPQR shows it owes creditors $2.24 million.

The Ponsonby eatery was placed into liquidation last Thursday by special resolution of the shareholders and is no longer trading.

NZ Herald business editor at large Liam Dann says this is a sign of the times, as several iconic Auckland eateries have yet to recover from Covid and the economic downturn. 

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