Issue No. 45 - Feb/March 2009
Happy ending to Riverland Fruit Coop story
Riverland Fruit Co-operative Limited creditors will get 100 cents on the dollar, plus interest, according to liquidator, George Divitkos of BDO Kendalls.
The BDO Kendalls Partner says “significant efforts since March 2003 to realise the assets of RFC” has enabled creditors to be fully repaid. Settlement of a significant legal action has cleared the way for a second interim dividend of 50 cents in the dollar to admitted unsecured creditors, to be paid in June this year.
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