A week after it was put into voluntary administration, the official Liquidator for the Brisbane Baroque Festival has issued a report that puts the company’s total liabilities at $994,762, almost $200,000 higher than previous estimates. Mayfields Business Advisors also suggests that there is “ample public evidence to suggest that the directors may have traded whilst insolvent” – a criminal offence under Australian law.

The report states that Mayfields has demanded the Company books and records from the directors and their former accountant as well as historical information from the ATO and ACNC. However, they point out that “at the time of writing this report the liquidator has not been provided with all of the books and records,” and that much remains unclear, for example, whether Brisbane Baroque actually employed and paid staff.

Executive Director Jarrod Carland – one of the two remaining Brisbane Baroque directors along with his business and life partner Shannon Pigram – published a statement on the Company website blaming lower than expected ticket revenue, failed government grant applications, and his ill health as contributing factors to the failure of the Company. “In due course, the...