Daylight Agency appoints a liquidator following COVID-19 related impacts
February 4, 2021 11:04
Daylight Agency has appointed a liquidator with the agency set to close its doors, Mumbrella can reveal.
A published notice on the Australian Securities and Investments Commission (ASIC) website outlines that following a meeting of the members of the company on 28 January, Michael Hird from advisory firm Cor Cordis was appointed the liquidator.
Since then Mumbrella understands the agency was heavily impacted by COVID-19, and attempted to protect the business with a restructure and cost cutting measures that were ultimately unsuccessful.
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Amongst the senior leadership team, executive creative directors Geoffrey Corbett and Chris Mitchell left the agency in August and restarted their creative shop Chris + Geoff. Senior consultant Karen Keech moved on to Established Media in January.