Reacon Australia has been placed into liquidation following a ruling by the Federal Court on Friday 9 May.
The administrators for the business, Simon Cathro and Andrew Blundell from Cathro & Partners have been appointed as the liquidators for the business.
“On Friday, the Federal Court wound up Reacon Group following a petition received from creditors and as a result Simon and I were then appointed liquidators,” Blundell told Sprinter.
“In our role as liquidators for Reacon Australia, we are currently assessing the legal position of the company following the orders from last Friday. In the meantime, we will be continuing to trade while we seek legal advice in relation to what is now further required,”…