Dartbrook Coal Mine Enters Receivership After Default

The Dartbrook coal mine has been placed into voluntary administration and receivership after failing to meet loan obligations totalling $US113.6 million (A$175 million) to Vitol Asia. The mine, operated by Dartbrook Operations, a subsidiary of Australian Pacific Coal (AQC), is located in New South Wales’ Hunter Valley coal mining region. It operates as an 80:20…

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Alton Poon | Restructuring | Kroll

Alton worked in corporate insolvency in Australia for seven years prior to moving to Singapore in 2014, where he worked on several of Singapore’s high-profile corporate insolvency and restructuring engagements. Notable assignments Alton has worked on include the receivership of Singapore Flyer Pte Ltd, liquidation of the California Fitness Clubs in Singapore, and restructuring of…