Appointment type
Liquidation – 7 February 2018 to current
Voluntary Administration – 6 September 2017 to 7 February 2018
Appointee
Matthew Woods
Company subject to Administration
Brierty Limited ACN 095 459 448
Office
Perth
Background information
On Wednesday, 6 September 2017, Matthew Woods, Hayden White and Clint Joseph of KPMG were appointed as joint and several Administrators of Brierty Limited (“the Company”).
At the second meeting of creditors of the Company, held on 7 February 2018, it was resolved that the Company be placed into liquidation, in accordance with section 439C(c ) of the Corporations Act 2001. Accordingly, on that date, Matthew Woods, Hayden White and Clint Joseph were appointed as joint and several Liquidators of the Company.
Relevant links for creditors of the Company, including reports to creditors providing an update on the current status of the liquidation can be found below.
Communications
Information and circulars for creditors and employees.
Circular to Creditors dated 5 October 2017 – Notice of extension of convening period
Brierty Limited (Administrators Appointed)
First meeting of creditors’ minutes – 27 September 2017
Brierty Limited (Administrators Appointed)
Directors’ resolution and instrument of appointment
Brierty Limited (Administrators Appointed)
Administrators’ Declaration of Independence, Relevant Relationships, and Indemnities (DIRRI)
Brierty Limited (Administrators Appointed)
The Company has been delisted from the ASX following the appointment of Liquidators.
Shareholders are asked to refer to the below declaration by the Liquidators.
Declaration by Liquidators about shares – 6 April 2016
Support
ASIC Insolvency material
The Australian Securities & Investments Commission (ASIC) provides resources on insolvency for directors, practitioners, employees, creditors and investors.
Visit the ASIC website to find out more.
Fair Entitlements Guarantee (FEG)
You may be eligible for FEG assistance. General information for claimants can be found here:
https://www.dewr.gov.au/fair-entitlements-guarantee.
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)
Appointee
Matthew Woods
WA Clients & Markets Lead Partner, Turnaround & Restructuring | Enterprise
KPMG Australia
