Tekkie Town owners’ long-awaited bid to have Steinhoff liquidated gets started

The original article can be found here.

Article highlights:

  • A court bid by the former owners of shoe retailer Tekkie Town to have retailer Steinhoff declared insolvent and liquidated has started in the Western Cape High Court;
  • The Tekkie Town claimants say they were “duped” into swapping shares in their successful footwear business for shares in Steinhoff;
  • On Wednesday, oral arguments were confined to who could take part in the court case.