Those in charge of Ticket Rocket’s liquidation have painted a grim picture for unsecured creditors. People owed money by a much-maligned ticket company may be out of luck, with liquidators doubting everyone will be paid. Companies associated with Ticket Rocket were placed in receivership in August, after multiple reports the ticket agent was not paying refunds for events cancelled due to coronavirus lockdowns. READ MORE:* Ticket Rocket owes millions but receivers have questions about company's books* Ticket Rocket crashes as Crusaders and Hurricanes in court* Ticket Rocket has $676k frozen over failure to pay speedway billsFortress was the same company that had $676,000 frozen by the High Court after an application from the Palmerston North City Council – a move the company tried to keep secret. BDO has already said it hoped to sell Ticket Rocket as a going concern.

Source: Stuff November 28, 2020 22:07 UTC