Babcock and Brown Limited | Deloitte Australia | Restructuring, Insolvency & Financial Advisory
Babcock and Brown Limited | Deloitte Australia | Insolvency matter

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Details

Appointment type:

Voluntary administration

 

Appointment date:

13 March 2009

 

ACN:

108 614 955

 

Appointee(s):

David Lombe

 

Office:

Sydney

 

Enquiries:

General enquiries
Julia McEwen
Tel: +61 2 9322 3399
Email

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

URL:

http://www.deloitte.com/au/babcockandbrown

Background information

Babcock & Brown Limited ("BBL") is the ultimate holding company of the Babcock & Brown Group. BBL is a shareholder of Babcock & Brown International Pty Limited ("BBIPL"), the intermediate holding company. All assets of the Group are held by BBIPL and its subsidiaries.

Deloitte Partners David Lombe and Simon Cathro were appointed Voluntary Administrators of Babcock & Brown Limited on 13 March 2009.

BBL's Second Meeting of Creditors was held on 24 August 2009 and creditors resolved for BBL to be wound up. David Lombe and Simon Cathro were appointed the Joint Liquidators pursuant to Section 446A of the Corporations Act 2001. Mr Cathro resigned as liquidator of BBL on 9 August 2011, and David Lombe is the sole Liquidator of BBL.

 

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