Gunns Group of Companies
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| Gunns Group of Companies | |
|---|---|
| Appointment type | |
| Appointment date | 24 September 2012 |
| Company details (ACN) | |
Background
On 25 September 2012, the Directors of the Gunns Group of Companies (the Companies) appointed Ian Carson, Daniel Bryant and Craig Crosbie of PPB Advisory as Voluntary Administrators. On 5 March 2013, creditors resolved to place the Companies in Liquidation. A schedule of the Companies can be found in the documents section below.
Grower information
Gunns Plantations Limited (GPL), one of the Companies, is the responsible entity of:
– Great Southern Plantations Schemes 1998 to 2006
– Gunns Plantations Woodlot Projects 2002 to 2006, 2008 and 2009
– Gunns Plantations Winegrape Projects 2004, 2005 and 2006.
Grower updates, distributions schedules and scheme wind up reports are located in the relevant categories in the documents section below.
For the GPL distribution schedule, please click here.
For the GSP distribution schedule, please click here.
Supreme Court applications
On 27 August 2021, the Liquidators of GPL filed the Originating Process seeking orders in respect of their remuneration and the early destruction of the books and records of the Gunns Group, as flagged below. The application will be heard in the Supreme Court of Victoria on 4 October 2021 at 10:30am.
Copies of the following Court documents are available below:
- Originating Process (filed on 27 August 2021);
- Second Affidavit of Craig David Crosbie sworn 26 August 2021;
- Supporting exhibits to Second Affidavit of Craig David Crosbie sworn 26 August 2021.
The Liquidators of Gunns Plantations Limited (in liquidation) (receivers and managers appointed) (ACN 091 232 209) currently intend to file an originating process with the Supreme Court of Victoria, seeking orders and directions in respect of:
- their remuneration reasonably incurred in relation to the liquidation of GPL from 1 September 2016 to 31 December 2020;
- the early destruction of the books and records of the Gunns Group of Companies following the completion of the liquidation.
The Liquidators hereby give notice to all Creditors of Gunns Plantations Limited (GPL) of their intention to apply for orders approving their remuneration in respect of the liquidation of GPL. Any Creditor may file a notice of objection to the remuneration claimed, stating the grounds of objection, by contacting Leah Campbell at leah.campbell@pwc.com.
The originating process will be filed on 16 August 2021 (21 days after the publication of this notice).
Copies of the following Court documents are available below:
- Form 16 addressed to all Creditors of GPL – Notice of Intention to Apply for Remuneration;
- Affidavit of Craig David Crosbie sworn 13 July 2021;
- Supporting exhibits to Affidavit of Craig David Crosbie sworn 13 July 2021;
- Originating Process (unfiled).
Application in respect of payment of sale proceeds arising from realised assets of Great Southern and Gunns Woodlot Schemes
On 10 April 2019, the liquidators of Gunns Plantations Limited (in liquidation) (receivers and managers appointed) (ACN 091 232 209) filed an originating process with the Supreme Court of Victoria, seeking directions and declarations in respect of the payment of sale proceeds arising from realising the assets of the Great Southern and Gunns Woodlot Schemes. In particular, the liquidators sought directions as to whether the sale proceeds should be paid to members of the Schemes (the Growers), the financiers for the Growers, or alternatively into Court pending resolution of any dispute between the Growers and the applicable financiers as to who is entitled to the proceeds.
On 18 December 2019, Justice Robson made orders directing that the liquidators were justified in making distributions as outlined in the annexures to those orders. Payments to financiers were completed on 20 December 2019 and the balance of distributions to be paid to growers are expected to be made as soon as practical after the form return date of 27 March 2020. Any distributions not paid directly to growers will be forwarded to ‘unclaimed monies’ administered by the Australian Securities and Investments Commission (ASIC).
A copy of all non-confidential documents filed in the application are available below.
Meetings
Documents
| 04.07.22 | Orders of The Honourable Associate Justice Gardiner made on 1 July 2022 |
| 29.10.21 | Final Distribution Initial Letter to Growers |
| 06.09.21 | Supporting exhibits to Second Affidavit of Craig David Crosbie sworn 26 August 2021 |
| 06.09.21 | Second affidavit of Craig David Crosbie sworn 26 August 2021 |
| 06.09.21 | Originating Process (filed on 27 August 2021) |
| 22.07.21 | Affidavit of Craig David Crosbie sworn 13 July 2021Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â |
| 22.07.21 | Exhibits to affidavit of Craig David Crosbie sworn 13 July 2021 |
| 22.07.21 | Form 16 - Creditors of Gunns Plantations Limited |
| 22.07.21 | Originating process Gunns Plantations Limited |
VA Reports
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