The cost consequences of Capital Liquor’s repeated attempts to extend the hours of its former central Wellington bottle store have finally resulted in the company’s demise.
An order has been made liquidating the company that previously ran the Manners St business, opposite a park notorious for disorder.
New management took over the store in early 2020, but it has now closed.
Capital Liquor was not represented at the hearing in the High Court at Wellington this week where Associate Judge Kenneth Johnston granted a police application to liquidate the company over a debt of about $12,000.
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* High Court decision on ‘high-risk’ Wellington liquor store paints disastrous picture of business at war with police
* Capital Liquor owner mulling options after High Court dismisses appeal for longer hours
* Wellington city off licence seeks longer hours while appeal looms
Another $3587 for the police’s legal costs and other expenses was ordered for the liquidation proceeding.
Any other creditors have until November 19 to stake a claim with liquidators to share in any distribution from winding up the company.
After the court hearing, police confirmed the application related to an 2019 order for the company to pay costs to police after an unsuccessful attempt to overturn a decision that the store had to close at 6pm.
The company’s appeal against a decision of the Alcohol Regulatory and Licensing Authority failed in the High Court.
Justice Karen Clark had ordered the company to pay police a total of $12,055.05 contribution towards its legal costs and other expenses.
The judge had decided the authority had more than enough evidence to uphold a finding that Capital Liquor was not suitable to manage a high-risk store during evening hours.
Read More: Costs debt to police finally capsizes Capital Liquor company