In an industry rocked recently by one very expensive court case Nextra Australia Pty Limited v Mark Timothy Fletcher we now have another one. The ink wholesaler Tonnex has gone into liquidation following an unsuccessful court battle against Dynamic Supplies. After losing the appeal, the liquidator stated that the directors decided that they could not cover the cost order and damages against them, so they went into voluntary liquidation.
What is amazing is that they did go to court as they were offered an opportunity to avoid it.
Are these expensive court cases worth it?
I spoke to the liquidator today, thinking that someone had brought it but was told that the assets were sold, so it is gone. I was stunned as they were a long-term major supplier that we had dealt with for years with offices in many states.
If you need to discuss alternate ink suppliers, please call.