Equestrian Australia (EA) has exited the Voluntary Administration process following its Deed of Company Arrangement (DOCA) coming into effect.
Mark Bradley, EAs Chairman of the Board of Directors, said that Voluntary Administrators Craig Shepard and Kate Conneely from KordaMentha, have finalised all conditions of the DOCA and have handed back control of the organisation effective from February 11. EA had been placed in administration in June, 2020.
The new EA Board, who were appointed in October 2020, but were unable to formally act until the end of the DOCA now have the authority to govern the sport and lead it forward, Bradley said.
In my short time as Chairman of the new EA Board I have been impressed…
Read the full article at: https://www.horsetalk.co.nz/2021/02/12/equestrian-australia-rebuilding-leaving-administration/