Dixon Advisory & Superannuation Services Pty Ltd (Subject to Deed of Company Arrangement)

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Updates

Voluntary Administration

Stephen Longley and Craig Crosbie were appointed as Joint and Several Voluntary Administrators of Dixon Advisory & Superannuation Services Pty Ltd on 19 January 2022, pursuant to Section 436A of the Corporations Act.

Deed of Company Arrangement

At the adjourned second meeting of the Company’s creditors held on 16 December 2022, creditors of the Company resolved that the Company execute a Deed of Company Arrangement (DOCA) DOCA. The DOCA was executed on the same day, and lodged with the Australian Securities and Investments Commission shortly thereafter.


Key timeline and next steps

The Deed Administrators are currently undertaking a number of important tasks which are required to be conducted in order to progress and finalise the deed administration, including preparing for the distribution to creditors. 

These tasks are complex, and likely to be time consuming. Accordingly, we do not expect to be in a position to make a distribution to the creditors of the Company until the second half of 2024.

Prior to the declaration and payment of any distribution, the Deed Administrators will undertake a formal proof of debt process. As part of this process, the Deed Administrators will liaise with the creditors to explain the proof of debt process and provide detailed instructions on how to submit a claim against the Company for distribution purposes.

Creditors should note that, at this juncture, they are not required to take any action.

Frequently Asks Questions (FAQ)

We appreciate you may still have a number of queries relating to the administration. The Deed Administrators have prepared a Frequently Asked Questions (FAQ) document in relation to the DOCA. A copy of the DOCA FAQ document dated 14 November 2023 can be found in the documents below.

Appointment Details

Dixon Advisory & Superannuation Services Pty Ltd
Entity Name Dixon Advisory & Superannuation Services Pty Ltd
Trading Name Dixon Advisory & Superannuation Services Pty Ltd
Appointment Type Deed of Company Arrangement
Appointment Date Fri, Dec 16, 22
Contact Name au_dass_queries@pwc.com
Contact Email au_dass_queries@pwc.com
Contact Phone +61
Contact Address
Australia Company Number (ACN) 103071665
Australian Business Number (ABN) 54103071665
Appointee(s) Stephen Longley
Craig Crosbie
Rebecca Gill

Documents

Thu, Jan 20, 22 Circular To Creditors - 20 January 2022
Wed, Aug 24, 22 FAQ - Voluntary Administration v1.19
Tue, Feb 01, 22 Online Creditor Portal Guide
Thu, Feb 03, 22 First Creditors Meeting Presentation
Tue, Feb 15, 22 Minutes of the First Meeting of Creditors
Tue, Feb 15, 22 Minutes of the First COI Meeting
Fri, Feb 18, 22 Originating Application - Extension of Convening Period
Fri, Feb 18, 22 Court Orders - Extension of Convening Period
Fri, Feb 18, 22 Letter to Creditors - Extension of Convening Period
Fri, Feb 25, 22 Letter to clients regarding transition of services
Tue, Mar 08, 22 Minutes of the Second COI Meeting
Mon, Apr 04, 22 Minutes of the Third COI Meeting
Mon, Apr 11, 22 Letter to Creditors - Suspension of Australian Financial Services Licence
Wed, May 25, 22 Administration Update to Creditors
Fri, Jun 24, 22 Minutes of the Fourth COI Meeting
Wed, Jul 13, 22 Minutes of the Fifth COI Meeting
Thu, Aug 11, 22 Minutes of the Sixth COI Meeting
Tue, Aug 16, 22 Update to DASS creditors August 22
Mon, Aug 22, 22 Minutes of the Seventh COI Meeting
Tue, Oct 25, 22 Minutes of the Eighth COI Meeting
Tue, Nov 29, 22 Administrators' Report to Creditors - 29 November 2022
Wed, Nov 30, 22 FAQ - Administrators' Report and Second Meeting
Wed, Nov 30, 22 Minutes of the Ninth COI Meeting
Tue, Dec 06, 22 COI Statement to Creditors
Wed, Dec 07, 22 Minutes of the Tenth COI Meeting
Wed, Dec 07, 22 Notice of Adjourned Meeting
Wed, Dec 14, 22 Minutes of the Eleventh COI Meeting
Wed, Dec 14, 22 Minutes of the Twelfth COI Meeting
Wed, Dec 14, 22 Minutes of the Thirteenth COI Meeting
Wed, Dec 14, 22 Consent of Administrators to Act
Fri, Dec 16, 22 Executed Deed of Company Arrangement
Sun, Dec 18, 22 Minutes of the Second Meeting of Creditors Held on 7 December 2022
Fri, Dec 30, 22 Minutes of the Reconvened Second Meeting of Creditors Held on 16 December 2022
Wed, Feb 22, 23 Update to DASS creditors February 23
Wed, Apr 05, 23 Minutes of the First DOCA COI Meeting
Mon, May 15, 23 Minutes of the Second DOCA COI Meeting
Wed, Jun 07, 23 FAQ - Deed of Company Arrangement - June 2023
Wed, Jun 07, 23 Update to DASS creditors June 23
Wed, Jun 07, 23 Minutes of the Third DOCA COI Meeting
Tue, Jun 06, 23 Order to vary the Deed of Company Arrangement
Tue, Nov 14, 23 Update to DASS creditors dated 14 November 2023
Fri, Feb 09, 24 Order to vary the Deed of Company Arrangement - Class Action Settlement
Mon, Feb 12, 24 Update to DASS creditors dated 12 February 2024
Mon, Feb 12, 24 FAQ - Deed of Company Arrangement February 2024