They say there are no winners – only creditors – in a voluntary administration. But could “Emma B” be the exception?
Last Wednesday, the Crescent Capital-owned Tigerlily collapsed into administration for the second time in four years.
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Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com