Ralan Group

Case studies

Ralan Group

Receivership of selected Ralan entities - case information

Details

Appointment type:

Receivership

Appointment date and ACN:

1 August 2019

Ralan Budds Beach No. 1 Pty Ltd
ACN 604 085 663

Ralan Paradise Holdings Pty Ltd
ACN 602 655 649

Ralan Paradise No. 1 Pty Ltd
ACN 602 658 211

Ralan Paradise No. 2 Pty Ltd
ACN 602 658 793

Ralan Paradise No. 3 Pty Ltd
ACN 602 659 138

Ruby Apartments Pty Ltd
ACN 624 312 812

(All Receivers and Managers Appointed)
(All Administrators Appointed)

Appointment date and  ACN:

22 August 2019

Ralan Arncliffe Pty Ltd
ACN 159 766 757

Ralan Property Services Pty. Limited
ACN 087 265 834

(Both Receivers and Managers Appointed)
(Both Administrators Appointed)

Appointees:

Jason Tracy, Timothy Heenan and Salvatore Algeri

Enquiries:

General enquiries
Andrew Han
Tel: +61 (7) 3308 7341
Email

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

URL:

www.deloitte.com/au/Ralan

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

Jason Tracy, Timothy Heenan and Salvatore Algeri were appointed Joint and Several Receivers and Managers (Receivers) of the selected entities (the Companies) within the Ralan Group.

The Receivers have taken control of the business and operations and are undertaking an urgent assessment of the financial position of the Companies. Stakeholders will be provided updates in due course.