Pets Paradise
Case information
| Details | |
| Appointment type: | Receivers and Managers |
| Appointment date: | 30 July 2012 |
| ACN: | Please see Annexure A below |
| Appointee(s): | Tim Norman, Sal Algeri and John Greig |
| Office: | Melbourne |
| Enquiries: | Andrew Rosa Tel: +61 3 9671 7515 |
| URL: | https://www.deloitte.com/au/petsparadise |
Background information
Deloitte Restructuring Services Partners Tim Norman, Sal Algeri and John Greig have been appointed as Receivers and Managers of a number of companies in the Pets Paradise and Billy Baxter's group of companies.
This follows the appointment of insolvency firm SellersMuldoonBenton as Joint and Several Administrators of a number of companies in the Group by the Group’s secured creditor pursuant to section 436C of the Corporations Act 2001.
Pets Paradise is a retailer and franchised network of pets and pet accessories businesses trading as Pets Paradise, Pet Goods Direct and Pets R Fun through over 20 related companies. There are a total of 62 stores across Victoria (19), NSW (19), ACT (2), Queensland (14), South Australia (4), Western Australia (3), and Tasmania (1).
Billy Baxter's is a cafe business, again consisting of both company owned and franchised stores.
Stores operated by franchisees are not in receivership.
The Group’s head office is in Hallam, Victoria. It has a workforce of 170 staff across its operations.
On 23 August 2012, the Supreme Court of Victoria granted orders that pursuant to s 439A(6) of the Corporations Act 2001 (Cth) (Act) that the period within which the Voluntary Administrators must convene the second meeting of the creditors of Global Pet Products Pty Ltd (Administrators Appointed) (Receivers and Managers Appointed) ACN 005 666 599 and the other companies listed in the attached schedule (Companies) be extended up to and including 14 December 2012.
| Company | ACN |
| Global Pet Products Pty Ltd (Receivers and Managers Appointed) (Administrators Appointed) | 005 666 599 |
| Justkin Pty Ltd (Receivers and Managers Appointed) (Administrators Appointed) | 098 452 754 |
| Pet Goods Direct Pty Ltd (Receivers and Managers Appointed) (Administrators Appointed) | 109 611 985 |
| Pets Paradise Pty Ltd (Receivers and Managers Appointed) (Administrators Appointed) | 005 558 378 |
| Pets Paradise Q'LD Pty Ltd (Receivers and Managers Appointed) (Administrators Appointed) | 057 762 722 |
| Pets Paradise (NSW) Pty Ltd (Receivers and Managers Appointed) (Administrators Appointed) | 006 919 222 |
| Pets Paradise SA Pty Ltd (Receivers and Managers Appointed) (Administrators Appointed) | 073 902 744 |
| Pets Paradise (WA) Pty Ltd (Receivers and Managers Appointed) (Administrators Appointed) | 076 638 572 |
| Pets 'R' Fun Pty Ltd (Receivers and Managers Appointed) (Administrators Appointed) | 097 737 114 |
Documents
Other information |
Court orders |
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Annexure A ACN information |
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Court orders 23 August 2012 |
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