|Appointment type||Deed of Company Arrangement – 3 August 2020
|Appointees||Gayle Dickerson, Ryan Eagle, Tim Mableson
|Companies subject to Administration||McWilliam’s Wines Group Ltd ACN 000 024 108
Gayle Dickerson, Ryan Eagle and Tim Mableson were appointed Administrators of McWilliam’s Wines Group Ltd and Mount Pleasant Wines Pty Ltd on 8 January 2020.
At the second meeting of creditors of the Group on 24 July 2020, creditors voted in favour of the following:
The Deed of Company Arrangement was executed on 3 August 2020 and Gayle Dickerson, Tim Mableson and Ryan Eagle were appointed Deed Administrators.
Further information for all stakeholders will be uploaded to this page as it becomes available.
As detailed in the Deed Administrators’ circular to creditors dated 22 February 2021, we lodged an urgent application to the Federal Court of Australia on 19 February 2021 to seek Orders to allow us to further adjourn the Resumed Meetings on 23 February 2021 to 30 April 2021 (with the option to resume the meetings earlier as needed to align with the settlement of a sale transaction).
On 22 February 2021, Justice Farrell of the Federal Court of Australia made Orders to vary the operation of s75-140 of the Insolvency Practice Rules (Corporations) 2016 (IPR) permitting a further adjournment of a meeting of creditors of the Group to 30 April 2021.
Accordingly, at the Resumed Meetings on 23 February 2021, the Chairperson adjourned the meetings up to 30 April 2021 under s75-140 of the IPR (as varied by the Orders), to enable the Deed Administrators to finalise negotiations and complete a sale transaction. There were no objections to the adjournment.
Should a sale transaction be able to be completed prior to 30 April 2021, the Deed Administrators will resume the meetings at an earlier date. Creditors will be provided at least 5 business days' notice prior to any resumed meetings.
Information and circulars for creditors.
Court directions proceedings and documentation relating to this matter.
Information and updates for shareholders of McWilliam’s Wines Group Ltd and Mount Pleasant Wines Pty Ltd.
We provide answers to frequently asked questions (FAQs) for employees of McWilliam’s Wines Group Ltd and Mount Pleasant Wines Pty Ltd.
For information on the Fair Entitlements Guarantee (FEG) for claimants, visit: www.employment.gov.au/fair-entitlements-guarantee-feg
Coping with the emotional impact of financial distress.