Background Information:
Ryan Eagle and Peter Gothard were appointed Receivers and Managers to the following companies on 19 January 2011 to the Charged Property under and as defined in the fixed and floating charge created by the Companies in favour of P.T. Limited:
- Ashe Morgan Capital No. 2 Pty Ltd as trustee for Ashe Morgan Property Securities Fund
- Ashe Morgan Capital Holdings No. 2 Pty Ltd
The Company was in the business of providing financing to property developments.