Aussie fashion retailer to fight court action
General Pants Co was served with an insolvency claim on July 17 by supplier UCC Australia alleging the chain had failed to pay $69,835.92 owed for stock delivered.
According to a winding up application filed in the Victorian Supreme Court, UCC Australia alleged it had unpaid invoices for the supply of cameras and film between October and December 2024.
'The goods were delivered and accepted by the debtor and the invoiced amounts remain due and payable,' the document states. The iconic youth retailer was hit by the legal action earlier this month. NewsWire / Gaye Gerard Credit: News Corp Australia
The supplier sent General Pants Co a statutory demand for on June 17, requiring the alleged debt be paid within 21 days of service.
According to the court documents, General Pants Co failed to comply with the demand, with UCC Australia seeking a court order for a liquidator to be appointed to the company.
The matter has been listed before a Judicial Registrar on August 20. The application has been listed in Victoria's Supreme Court. NewsWire / David Geraghty Credit: News Corp Australia
But in a two-page response filed with the court on July 24, lawyers acting for General Pants Co signalled their intention to appear at the hearing and oppose the application.
The response claims the company opposes the application because the company is solvent and has paid UCC Australia's debt.
General Pants Co has been a staple in Australian fashion for more than 50 years and has 55 stores across Australia and New Zealand.
UCC is an importer, distributor and wholesaler of FMCG, supplying electricals and food to some of Australia's major retailers, including Myer, Big W, Kmart, Woolworths and Amazon.
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