It rarely happens but the directors of Fernleigh Gardens in Woodcroft (Adelaide) are refusing to hand the receiver, Korda Mentha, its company records, including all the resident contracts. A number of prospective residents are fearing making substantial losses having bought off the plan.
Opinion
RIP: We are seeing the death of the family-run aged care operator
It feels like I am writing an obituary to family-run aged care facilities. Once the backbone of the sector, multi-generation operators are now selling out at a pace not seen before. The sell-off is accelerating, with three landmark deals in just two...
