Ted Sents Beachmere Sands wins a reprieve from the liquidator
The receiver for Beachmere Sands on the Sunshine Coast (and other of Ted Sents villages) postponed a meeting of Creditors on Friday after Sent delivered a proposal for a Deed of Company Arrangement basically meaning that there is a possibility...
The receiver for Beachmere Sands on the Sunshine Coast (and other of Ted Sents villages) postponed a meeting of Creditors on Friday after Sent delivered a proposal for a Deed of Company Arrangement basically meaning that there is a possibility to rescue the development. This follows the receiver recommending to creditors the business be liquidated with creditors receiving Nil cents in the dollar. Sent reported to us that he had been working the pavement to find a solution that will deliver value to all.
