Australian Discount Retail Group | Deloitte Australia | Insolvency matter

Case studies

Australian Discount Retail Group

Insolvency case information

ASIC
Insolvency information sheets

Individualised assistance for job seekers
Job Services Australia publication

Help for workers who have recently lost their jobs
Job Services Australia publication

Taking care of yourself after retrenchment or financial loss
Beyond Blue publication
 

Details

Appointment type:

Voluntary Administration

Appointment date:

Voluntary administration: 20 January 2009
Creditors Voluntary Liquidation: 25 November 2009

ACN:

Please see Annexure A below

Appointee(s):

David Lombe

Office:

Sydney

Enquiries:

General enquiries
Teressa Cheung
Tel: +61 2 9322 3534
Email

Media enquiries
Simon Rushton
Tel: +61 2 9322 5562
Email

URL:

www.deloitte.com/au/australian_discount_retail

Background information

Deloitte partners, David Lombe and Simon Cathro, were appointed as voluntary administrators of 39 companies under the umbrella of the Australian Discount Retail Group (ADR Group) on 20 January 2009.

In addition, John Melluish and James Stewart of Ferrier Hodgson were appointed as Receivers and Managers of the ADR Group on 20 January 2009.

Subsequently, on 25 November 2009 at concurrent meetings of the creditors of the ADR Group entities, David Lombe and Simon Cathro were appointed Liquidators by resolution of the respective creditors of each of the ADR Group entities.

Prior to the Voluntary Administration and Receivership the ADR Group was Australia’s largest discount variety retailer with 402 stores around the country, employing approximately 2,700 permanent employees.

ADR incorporates three core retail businesses:

• Crazy Clark’s / Go Lo

• Sam’s Warehouse

• Chickenfeed. Note: Chickenfeed is not in receivership or administration.


The Receivers and Managers continued to trade the business and advertised the business for sale. The sale of the ADR Group (including Chickenfeed) to Retail Adventures Pty Ltd was announced on 23 March 2009.

 

Back to top

Circulars

Australian Discount Retail Group | Deloitte Australia | Insolvency matter

Circular to creditors
21 September 2011

Circular to creditors
8 December 2009

Circular to creditors
13 November 2009

Circular to creditors
6 August 2009

Circular to creditors
17 February 2009

Circular to employees
21 January 2009

Notice of first meeting of creditors
20 January 2009

 

Back to top

Services

Restructuring services

The Restructuring Services team offers a broad range of offerings to a variety of stakeholders. This includes workouts, lending reviews, formal insolvency, and debt and capital restructures, as well as turnaround services.

Contact us

Contact us via our online form