It seems like only NZ and AU operations in receivership.
Managing Director Gary Rohloff has updated his Linkedin page - he's moved to London!
So I'm guessing he's feathered his own nest to oversee UK operations.
Everyone else gets a kick in the gut.
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Who appointed Receivers to the LBY local subsidiary companies ?
Was it Kiwibank as appears in this filing on Companies Office site -
https://app.companiesoffice.govt.nz/...D75DE9688AF26A
It looks like the original Listed Company is in receivership going by the shareholdings appearing on link:
https://coys.carjam.co.nz/:entity?q=...LDINGS+LIMITED
The Receivers probably get to hock off the UK & other viable bits and stakeholders get left out in the cold