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Appointment details

Appointment type Deed of Company Arrangement – 3 August 2020 Voluntary Administration – 8 January 2020
Appointees Gayle Dickerson, Ryan Eagle, Tim Mableson
Companies subject to Administration McWilliam’s Wines Group Ltd ACN 000 024 108 Mount Pleasant Wines Pty Ltd ACN 000 024 813
Office Sydney
Wine bottle with corkscrew

KPMG contact

Irene Tang mcwilliams@kpmg.com.au +61 2 9273 5594

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Background information

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:

  • A Deed of Company Arrangement be executed for the Group.
  • A Committee of Inspection be appointed for the Deed Administration of McWilliam’s Wines Group.

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.

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Meeting of Creditors

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.

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Creditor communications

Information and circulars for creditors.

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Court documents

Court directions proceedings and documentation relating to this matter.

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Information for shareholders

Information and updates for shareholders of McWilliam’s Wines Group Ltd and Mount Pleasant Wines Pty Ltd.

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Information for employees

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

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ASIC insolvency material

The Australian Securities & Investments Commission provides resources on insolvency for directors, practitioners, employees, creditors and investors.

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Support

Coping with the emotional impact of financial distress.

Beyond Blue

beyondblue offers some useful resources for people struggling with the emotional impact of financial distress.

The beyondblue Support Service provides confidential, one-on-one counselling with a trained mental health professional. Phone: 1300 22 4636

Lifeline

Lifeline offers phone crisis counselling for people who are experiencing financial and emotional hardship.

Phone: 13 11 14 Australia-wide Online crisis support chat (7:00pm to 4:00am daily)

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