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Agenda items are:
Consider a resolution pursuant to section 444DA(2) of the Corporations Act 2001(Cth) (Act), that the proposed Deed of Company Arrangement (DOCA) that will be offered to creditors at the second meeting of creditors on 2 July 2024, or at any adjournment to that meeting, will not include a provision to the effect that, for the purposes of the application by the administrator of the property of the Company coming under his control under the DOCA, certain eligible employee creditors will be entitled to a priority at least equal to what they would be entitled if the property were applied in accordance with sections 556, 560 and 561 of the Act.
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JLA Insolvency & Advisory are a boutique insolvency practice based in the Sydney CBD. We work with a variety of corporate clients including private equity firms, listed and unlisted companies, first and second tier financiers and wealthy individuals.
If you are experiencing financial distress or if you need any assistance with an insolvency related matter contact us for an obligation free discussion on how we can help.
JLA Insolvency & Advisory are a boutique insolvency practice based in the Sydney CBD. We work with a variety of corporate clients including private equity firms, listed and unlisted companies, first and second tier financiers and wealthy individuals.If you are experiencing financial distress or if you need any assistance with an insolvency related matter contact us for an obligation free discussion on how we can help.