Daniel Juratowitch and Shaun Matthews of restructuring advisory firm Cor Cordis have been appointed Receivers and Managers of Releaf Group Limited and related entities on 29 October 2024.

Due to current economic challenges and working capital issues, Receivers and Managers have been appointed to restructure the financial affairs of Releaf Group.

Through the receivership and management process, Cor Cordis is urgently assessing the Releaf Group’s business operations and exploring all options to restructure or recapitalise the company. Additionally, Cor Cordis is conducting an urgent expressions of interest campaign and assessing solutions to stabilise the business in the short term.

“We have commenced an urgent review of Releaf Group’s financial position and set up an email address for customers, employees, and creditors. We ask customers for their patience as the Receivers conduct an urgent sale of business and recapitalisation process for the Releaf Group. We will provide regular updates to all stakeholders as we work through this process,’ said the Receivers and Managers.

If you’re a patient of Releaf with a medical emergency please contact 000.

Releaf Group enquiries

For further information, the email address is releaf@corcordis.com.au