A COURT action to wind up a company owned by Murray Bridge grain trader Brenton Strauss has been adjourned until September.
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An application by administrator Tony Matthews, Anthony Matthews and Associates, to wind up Crazy Lace (SA) Pty Ltd, owner of the Nhill Bulk Handling site in the Wimmera was due to be heard at the Adelaide Supreme Court last week, but the hearing has been postponed until September 13.
Mr Strauss put up Crazy Lace as the guarantor for payments for creditors of the failed Sapphire (SA) Pty Ltd grain buying business under a deed of company arrangement.
Meanwhile a separate case also involving Mr Strauss has also been adjourned.
He is also involved in a court case at the Murray Bridge Magistrates Court taken by the Australian Securities and Investments Commission (ASIC) over breach of director’s duties.
That case will now be heard on September 19.
