The Federal Court of Australia has granted the administrators of Murray & Roberts’ (M&R’s) Australian holding company Murray & Roberts Pty Ltd (MRPL) an extension to the convening period for a second creditors meeting to August 31. The extension, which was granted on June 27, will allow for a revised deed of company arrangement (DOCA) proposal to be finalised in order for M&R to regain control of subsidiary RUC Cementation Mining Contractors and for any relevant conditions to the DOCA proposal to be satisfied.
