Wentworth College saved from administration

Wentworth College has been saved after control was transferred to the United
Church Schools Trust.

Administrators from Grant Thornton agreed the transfer after the college
entered into insolvency proceedings at the end of July.

‘We are delighted that this transfer to UCST, the preferred party, has been
achieved so quickly as it is likely that this safeguards the future operation of
the school,’ said joint administrator Trevor O’Sullivan.

‘It also means that all creditors will be paid in full and provides continued
employment of school staff.’

Sir Ewan Harper, chief executive of the United Church Schools Trust, said:
‘We are delighted to welcome the children, staff and parents of Wentworth
College into our family of independent schools and can guarantee that the school
will re-open in September and welcome back all its existing pupils and those
joining for the first time.’

Further reading:

KPMG calls for law change following
Wrapit saga

Tax bill forced brewery
administration