Auto Group

This Voluntary Administration assignment involved multiple dealerships across QLD, NSW and VIC as well as new and used vehicles and auction houses.

PPB liaised with numerous secured creditors to facilitate the orderly handover of various leasehold premises sites to new tenants; and also dealt with supplier claims over vehicles.

PPB Advisory realised several hundred vehicles through a systematic sales program and resolved all supplier claims over vehicles.

Tags: automotive industry, business handover, dealerships, sale of business assets, secured creditors, suppliers claims, voluntary administration