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Adelaide pub baron behind collapsed hotel group registers new company

A failed pub baron in Adelaide who owes suppliers and employees thousands of dollars after his company Entertainment Venues Australia went into liquidation has registered a new company under a different name.

Just days after the Glenelg Pier Hotel and Royal Terrace Hotel fell into administration, Elli Cakar has appointed himself director of 110 Grenfell Street Pty Ltd.

According to The Advertiser, the company name registered with ASIC matches the address of The Propaganda Club, which was among six venues which were under Cakar’s control.

But Entertainment Venues Australia liquidator Stephen Duncan said Cakar would have no role in the business in the future and that the landlord, the Ginos Group, wanted to keep the Propaganda Club trading.

“The landlord is trying to keep it alive and keep some value in it … we’ll take it week by week and see where we can take it,” Duncan said. “I think it does have a future.”

Speaking to the Advertiser, an entertainment supplier who claimed Cakar owes him $3000 for work he did at the Pier, described Cakar’s company registration as a “betrayal” and “kick in the teeth” to those he has not paid.

Duncan said he was still working on tallying the exact total of Cakar’s company debts.

Cakar set up Entertainment Venues Australia in April last year without any previous experience in the hospitality industry.

 




Sheridan Randall, 23rd July 2019