16 Nov 2018

Foodora Meeting of Creditors—Deed of Company Arrangement accepted


1 min

The Joint Administrator of Foodora Australia Pty Limited (Administrators Appointed), Mr. Simon Cathro, confirms that at the meeting of creditors held today, creditors present voted to accept the Deed of Company Arrangement (DOCA) proposal.

This now means that once the DOCA has been executed, creditors including riders that have now been classified as employees, will have their claims against the Company accessed and can participate in a distribution to creditors in accordance with the terms of the DOCA. Creditors should lodge any claim they may have against the Company as soon as possible with the Administrators in this regard. If you would like to make contact with Worrells surrounding any potential claim, please send an email to patrick.skippen@worrells.net.au.

Shelley Bornstein
Marketing Manager, Worrells Sydney

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