How long will this take?
The administration period itself normally takes no more than five weeks. It is our intention to go to court to seek an extension until 15 July 2023. This will allow us to make a better assessment of the options for the company.
How do I find out more?
We will hold a weekly on-line briefing with staff from stores and the warehouse which can be viewed through a link to your email address. A from Mosaic head office will meet with store staff and management next Tuesday 4 April 2023 for stores and Wednesday 5 April 2023 for warehouse.
Can I attend the Creditors Meetings?
The first meeting of Creditors will be held on 14 April 2023 in Auckland. We will arrange for the meeting to be televised so you can attend remotely. The date of the second meeting when creditors will decide the future of the company has not been set.
What will happen at the First Meeting?
At the first meeting we will give an overview of our initial review and creditors can vote on two things: setting up a committee of creditors to work with us; and appointing an alternate administrator to us.
Can I vote at the First Meeting?
All employees are creditors of the company and will be provided with the same information as any other suppliers. As a creditor you are entitled to vote at any meeting of creditors. To do this you need to lodge a Proof of Debt and a Proxy Form. (This has been provided for you under ‘Forms’)
How can I get a proof of debt?
By Email Ezibuy payroll will calculate your current entitlements and send them and the Proof of Debt form to your email address. They will do this before each meeting of creditors. In person They will also be available from your employment location either the store or warehouse on Thursday 6 April 2023. Download now You […]
Will I get my unpaid Annual leave?
Ezibuy Payroll team is currently calculating yourannual leave entitlements as at 2 April 2023. Details of the amount you are owedwill be sent to you at your nominated email address so that you can check the calculation. Once you have checked the calculation and once signed you will need to return the forms to us […]