Local firm IT Bermuda was ordered wound up in Bermuda's Supreme Court last Friday.

The information technology company is understood to owe creditors - including former staff who are out on wages and commissions owed - close to $200,000.

IT Bermuda was owned by Richard Kempe who is also the owner of Office Cabling Technologies and it is understood the company was run by expatriate worker Nathan Gentry.

No representatives of IT Bermuda appeared in court for last week's hearing.

In Supreme Court Justice Norma Wade-Miller ordered the company wound up and appointed the official receiver as provisional liquidator.

The action was in response to a petition filed by former employee Tina Stockdale, who is understood to be owed more than $6,000 in back pay and commissions from work done as an employee of the firm.

Mrs. Stockdale, who now works for another company on the Island, filed the petition to have the company wound up on the basis that it had not honoured its monetary obligations.

Another written notice of monies owed - which Justice Wade-Miller said in Supreme Court was "substantial" and in the "thousands of dollars" - was also filed by another former employee Janet Francis.

Justice Wade-Miller added that she was unaware if there were any assets available to creditors but what may be available would be disbursed to those holding debts against the company.

This was one of numerous legal actions taken against the company - including by other former employees who were also reportedly not paid wages owed. And despite judgements made against the company, creditors reported they have been unsuccessful in recouping the monies owed them.

Yesterday Mrs. Stockdale told The Royal Gazette that lawyer Ray DeSilva of Conyers, Dill & Pearman had said the distribution of assets to creditors should follow the company's winding up. But Mrs. Stockdale said there may be no assets and that the next step could be to see if action can be taken, in regards to the debts, against the directors of the company personally.