Insolvency News can report the Company ML Adelaide (SA) Pty Ltd with ABN: 612 425 322 has received a notice of (NOTICE OF APPOINTMENT OF RESTRUCTURING PRACTITIONER FOR A COMPANY). This notice was published on the 18 June 2025.
What this notice means:
Explanation: A restructuring expert has been appointed to guide the company through financial recovery by implementing a plan to address its issues.
Implications: Offers hope for avoiding liquidation, but success depends on the practitioner’s strategies and the company’s cooperation and changing the way it has done business in the past.
Details of this notice are as follows:
NOTICE OF APPOINTMENT OF RESTRUCTURING PRACTITIONER FOR A COMPANY
Company details
Company: ML Adelaide (SA) Pty Ltd
Acn: 612 425 322
Trading Name: Milky Lane Adelaide
Status: Restructuring Practitioner Appointed
Appointment Date: 17 June 2025
Appointment Details
Notice is hereby given that Thomas Stuart Otway and Travis Graham William Olsen was appointed restructuring practitioner(s) for the company under section 453B(1) on 17 June 2025.
Date Of Notice: 18 June 2025
Thomas Stuart Otway
Restructuring Practitioner
Travis Graham William Olsen
Joint Appointees
| Address | C/- SV Partners SALevel 2, 81 Flinders StreetADELAIDE SA 5000 |
| Contact person | Richard Kim |
| Contact number | 08 7077 2444 |
| adelaide@svp.com.au |
