Fair Entitlements Guarantee (FEG)
General information for claimants: www.ag.gov.au/industrial-relations/fair-entitlements-guarantee-feg
|Appointment date||4 April 2023|
|Appointees||David Hardy, James Dampney, Gayle Dickerson and James Stewart|
|Companies subject to Administration||BWX Limited ACN 163 488 631
Renew Skin Care Australia Pty Ltd ACN 606 139 315
BWX Australia Pty Ltd ACN 601 966 170
Derma Sukin Australia Pty Ltd ACN 606 140 818
BWX Brands Pty Ltd ACN 602 062 117
Lightning Distribution Pty Ltd ACN 610 861 455
Beautiworx Pty Ltd ACN 163 847 916
BWX Digital Pty Ltd ACN 621 403 370
Edward Beale Hair Care Pty Ltd ACN 167 891 161
The Good Collective Pty Ltd ACN 169 556 398
Sukin Australia Pty Ltd ACN 602 062 199
David Hardy, Gayle Dickerson, James Stewart and James Dampney were jointly and severally appointed Receivers and Managers (“Receivers”) to the “BWX Group” on 4 April 2023.
The Receivers’ appointment follows the appointment of Kate Warwick, Joe Hansell and Kelly Trenfield of FTI Consulting as Voluntary Administrators to the BWX Group on 3 April 2023.
The “BWX Group” appointment covers the Australian operations, including the Sukin brand. Note, for clarity, there are other subsidiaries of BWX Limited which are not subject to the appointment of Receivers and Managers.
The effect of the appointment is that the Receivers are now in day-to-day control of the BWX Group, which includes its business operations and assets.
Importantly, the skincare brand Go-To and BWX’s overseas (including US) operations are not in Administration or Receivership and continue to trade normally.
Note that the Administrators have also been appointed to LHS No. 2 Pty Ltd (ACN 165 455 201) and Sapu Corporation Pty Ltd (Formerly Uspa Corporation Pty Ltd) (ACN 163 273 514) (both Administrators Appointed). We confirm that the Receivers have not been appointed to these entities.
Should your enquiry relate to a pre-appointment unsecured creditor claim, or the two entities noted above, please direct your enquiry to the Voluntary Administrators at BWXGroup@fticonsulting.com.
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