El Zorro demise?

 
  aussiebbq Assistant Commissioner

Location: Ballarat, Australia
reference was posted on facebook. On the face of it, the end may be shortly to arrive for El Zorro, after much debate. Perhaps loss of recent contracts has been the kicker.

A search on the ASIC website for EL Zorro returns, among other things references to document 028506603 "Notification of Application to Wind Up Company Under S. 459p, 462 or 464 (519G)" dated 21/5 and document 028259811 "Notice of Resignation or Removal of Auditor Resignation Of Auditor (315A)"


Also posted that their AWB1 grain rake is stabled until further notice. One would imagine the others are as well.

Sad day perhaps for a lot of rail workers and their families.
Galron
Did you check this?

I searched the ASIC website and found nothing

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  bingley hall Minister for Railways

Location: Last train to Skaville
Did you check this?

I searched the ASIC website and found nothing
aussiebbq
I did.

While you cannot download the actual docs, they are both listed on the ASIC site.
  Raichase Captain Rant!

Location: Sydney, NSW
G531-G536 are now at Portland.  G537 is at Murtoa so looks like PN are mobilising their resources for the Illuka traffic.

Does PN have a depot at Portland or Murtoa?

Regards
Brian
bevans
Brian, it is my understanding that the PN crew will operate out of Portland.
  Y115 Chief Train Controller

Location: Portland
G531-G536 are now at Portland.  G537 is at Murtoa so looks like PN are mobilising their resources for the Illuka traffic.

Does PN have a depot at Portland or Murtoa?

Regards
Brian
bevans

The sands train will be operating the same as usual, only difference is the locos and some crew.  First train is supposed to run on Monday but may leave here (Portland) today or tomorrow.
  bevans Site Admin

Location: Melbourne, Australia
Thanks for the information.  Please update us when the train leaves Portland.
  Y115 Chief Train Controller

Location: Portland
Thanks for the information.  Please update us when the train leaves Portland.
bevans
Have just heard it's departing Sunday night.
  MikeyJackson Locomotive Driver

Location: Footscray, Victoria, Australia
looking at the dynon SG turntable today.  the turntable is full of ex ELZ hired locos including L277 and a g class. c501 is also around the turntable.  c501 was not allowed to leave for Seymour and for the moment is stuck in Melbourne reportedly because of receivers.
  Y115 Chief Train Controller

Location: Portland
The first PN mineral sands train just departed Portland at 22:15 with G531 and G536.
  bevans Site Admin

Location: Melbourne, Australia
The first PN mineral sands train just departed Portland at 22:15 with G531 and G536.
Y115
What wagons did PN eventually decide upon?

Regards
Brian
  bingley hall Minister for Railways

Location: Last train to Skaville
What wagons did PN eventually decide upon?

Regards
Brian
bevans
I thought they were sticking with the CFCLA wagons previously used on this service.
  Hendo Deputy Commissioner

Wasn't it just a fortnight ago that el Borro was telling everyone that workers super payments were fine?
  Y115 Chief Train Controller

Location: Portland
What wagons did PN eventually decide upon?

Regards
Brian
bevans

Same wagons that El Zorro used.
  Y115 Chief Train Controller

Location: Portland
Wasn't it just a fortnight ago that el Borro was telling everyone that workers super payments were fine?
Hendo

Don't think the El Zorro crew appreciate their company being called "el Borro" or any of the other ridiculous names floating about since they started.
  lkernan Assistant Commissioner

Location: Melbourne
Wasn't it just a fortnight ago that el Borro was telling everyone that workers super payments were fine?
Hendo

Have you got any proof that they weren't?
Just because the company goes under doesn't automatically mean they haven't been paying employee entitlements.
  seb2351 Chief Commissioner

Location: Sydney
Have you got any proof that they weren't?
Just because the company goes under doesn't automatically mean they haven't been paying employee entitlements.
lkernan
Union  says otherwise.
http://locoexpress.com.au/el-zorro-super-payments-stalled
  seb2351 Chief Commissioner

Location: Sydney
Don't think the El Zorro crew appreciate their company being called "el Borro" or any of the other ridiculous names floating about since they started.
Y115
Unfortuantely, some people take a certain amount of delight in the misfortune in others. Rather then use their brains, it is easier make up names.
Whatever happens, if it is true then these are drivers with families who might be in need of a job. Opposition or not, I hope they all land on their feet.
Industry is too small for "oh he works for company X, I won't associate with him.
  Hendo Deputy Commissioner

Have you got any proof that they weren't?
Just because the company goes under doesn't automatically mean they haven't been paying employee entitlements.
lkernan
I read it in the paper about a fortnight ago and as another member has since posted proof from the union site I won't hunt around for the article. I recall the company responded to the paper that everything was all right, I thought at the time, yeah that's what they all say. In the history of Australian companies going under since superannuation started, super payments are always one of the first things the company stops paying, along with payments to creditors, to extend their time.


Cheers,
Hendo
  lkernan Assistant Commissioner

Location: Melbourne
I read it in the paper about a fortnight ago and as another member has since posted proof from the union site I won't hunt around for the article. I recall the company responded to the paper that everything was all right, I thought at the time, yeah that's what they all say. In the history of Australian companies going under since superannuation started, super payments are always one of the first things the company stops paying, along with payments to creditors, to extend their time.


Cheers,
Hendo
Hendo

Sorry, I hadn't heard that until the link above.
I'm guessing getting them paid now will be difficult, with everyone wanting their piece of the remains.
  Hendo Deputy Commissioner

Don't think the El Zorro crew appreciate their company being called "el Borro" or any of the other ridiculous names floating about since they started.
Y115
Maybe they should have thought about that before they came up with their dumb smeg name. Who did they think they were going to be, some silly Californian Spaniard with a mask, running around with a rapier on a black horse making z slashes on railways everywhere that were evil? No wonder they found it hard to be taken seriously.

But obviously some are precious about that.

Cheers,
Hendo
  GS4 Train Controller

Maybe they should have thought about that before they came up with their dumb smeg name. Who did they think they were going to be, some silly Californian Spaniard with a mask, running around with a rapier on a black horse making z slashes on railways everywhere that were evil? No wonder they found it hard to be taken seriously.

But obviously some are precious about that.

Cheers,
Hendo
Hendo
Baja Californian might be more precise considering the copy of the Nacionales De Mexico paint job (Orange and grey with yellow stripe)
  bingley hall Minister for Railways

Location: Last train to Skaville
Maybe they should have thought about that before they came up with their dumb smeg name. Who did they think they were going to be, some silly Californian Spaniard with a mask, running around with a rapier on a black horse making z slashes on railways everywhere that were evil? No wonder they found it hard to be taken seriously.

But obviously some are precious about that.

Cheers,
Hendo
Hendo
Because Australian National, National Rail, Pacific National, Queensland National, and SCT just reek of imagination.

I suppose you can always look over the Aurizon for better ideas.
  SPSD40T2 Chief Commissioner

Location: Platform 9-3/4 and still waiting !!
Has EZ now been wound up ? in death throws ?

Shame in a fashion. An enterprising mob.  Obviously no company will have a lot of friends in business, thats life I suppose.

I wonder if anything will rise from the ashes.

Good luck to the employees going forward.
  SamTheMan79 Assistant Commissioner

Location: Geelong
So if EZ has been wound up who has taken over the freight and grainies and how does it affect the QUBE services it staffs?
  bevans Site Admin

Location: Melbourne, Australia

Guys,

A search of ASIC this morning reveals a number of companies with the name El Zorro.  I believe we are talking about El Zorro Transport Pty Ltd.  On 21st May 2013 an application has been received by ASIC for a wind up pursuant to sections 459p, 462 or 464. The application is not currently online.


21/05/2013 028506603 Notification of Application to Wind Up Company Under S. 459p, 462 or 464 (519G)
Not Available
  bingley hall Minister for Railways

Location: Last train to Skaville
From today's Weekly Times

A NSW train leasing company has made an application in the NSW Supreme Court to wind up rail operator El Zorro Transport.

Australian Securities and Investment Commission documents show Consolidated Rail Leasing filed the petition in the Supreme Court of NSW last week.

But El Zorro director Ray Evans has blamed Cargill for its financial difficulty.

Mr Evans said Cargill had refused to pay El Zorro for work carried out during the past four weeks, prompting a flow-on effect to El Zorro's creditors.

He said that while El Zorro owed Cargill $2 million as a long-term debt, and there was a repayment plan in place, Cargill had recently stopped all payments to the rail operator.

"I simply stopped running the trains," he said.

But a Cargill spokesman said the grain trader was well in advance of its fixed and variable payments to El Zorro but the rail operator still owed it money.

"We became aware of one of El Zorro's creditors issuing a wind-up notice, however we have never been officially notified,'' he said.

"Cargill is of the understanding it is not the biggest creditor.''

Other claims suggest El Zorro's financial problems have been an issue for many months.

The Castlemaine and Maldon Railway Preservation Society, which leased a locomotive to El Zorro through the Seymour Heritage Rail Centre, said in a newsletter it had not been paid for nine months for the use of the engine.

Society president Michael Vines said the lease non-payment had caused cash flow difficulties for the organisation.

Last week, the NSW branch of the Rail Tram and Bus Union said it was talking to legal representatives over El Zorro's failure to pay full superannuation entitlements to its members last December.

Mr Evans said El Zorro employed about 130 full-time staff.

http://www.weeklytimesnow.com.au/article/2013/05/28/571711_latest-news.html

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