Mildura Brewery avoids liquidation following Supreme Court case
The Mildura Brewery didn’t pay its bills but has avoided being wound up.
Mildura
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The Mildura Brewery, owned by ASX-listed Broo, didn’t pay its electricity bills but has avoided being wound up, a court has heard.
Action initiated by AGL Sales Pty Ltd to have Mildura Brewery (Broo) Pty Ltd wound up was on Wednesday dismissed in the Victorian Supreme Court.
According to documents filed to the court by AGL’s lawyers, the business had an outstanding electricity balance of $45,439.52 in April.
An affidavit said the debt related to electricity use charges at the brewery’s Langtree Ave premises between July 1 last year and February 28 this year.
By May the amount owed was said to have been reduced to $42,939.52 and a liquidator had consented to being appointed if required.
When the matter came before the court, a lawyer for AGL sought for it to be dismissed with no order made for costs.
Judicial Registrar Ian Irving made the order for dismissal.
Mildura Brewery was not represented at the hearing.
A brewery and pub operate under the Mildura Brewery banner inside the Langtree Ave building formerly home to the historic Astor Theatre.
Broo bought the brewery, which it lists as the company’s headquarters in ASX releases, in 2017.
Earlier this month, Broo announced the sale of a Ballarat property where it had previously intended to build another brewery.
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