Eurofinance Capital Limited

Case studies

OrotonGroup Limited 

Insolvency case information

Appointment Details

Appointment type:

Deed of Company Arrangement

Appointment date:

30 November 2017

ACN: 

OrotonGroup Limited
ACN 000 038 675

OrotonGroup (Australia) Pty Ltd
ACN 000 704 129

OrotonGroup (Licence Company) Pty Ltd
ACN 166 068 695

(All subject to Deed of Company Arrangement)
(the Companies or OrotonGroup)

Appointee(s):

Vaughan Strawbridge and Glen Kanevsky

Office:

Sydney

Enquiries:

General enquiries
Edwina Irwin
Tel: +61 2 8260 4075
Email

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

URL:

www.deloitte.com/au/OrotonGroup

Related Links

ASIC
Insolvency information sheets

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

Background

Vaughan Neil Strawbridge and Glen Kanevsky were appointed Joint and Several Administrators of the Companies on 30 November 2017, pursuant to section 436A of the Corporations Act 2001 (Cth). Subsequently, at the second meeting of creditors held on 29 March 2018, creditors resolved that the Companies execute a Deed of Company Arrangement (DOCA) as part of a recapitalisation of the business.

The Deed of Company Arrangement was signed on 13 April 2018 and Vaughan Neil Strawbridge and Glen Kanevsky now act as Joint and Several Deed Administrators of the Companies. They are continuing to trade the business as usual.

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