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Ex-RGD boss avoids bankruptcy with $100k deal

The former director of a major building firm which collapsed with debts of about $31 million has avoided bankruptcy with creditors to receive between 0.4 and seven cents in the dollar. Former RGD Group Pty Ltd and RGD Constructions Pty Ltd director Ron Grabbe entered into a Personal Insolvency Agreement with creditors of his estate in mid-November, avoiding bankruptcy after a dramatic collapse of his building empire earlier this year. The agreement was carried out on December 9, with creditors now given until January 7, 2021, to lodge a proof of debt, to claim between 0.4 cents and seven cents in the dollar of the dividend set to be declared.

BREAKING NEWS: Exclusives that rocked the Coast in 2020

Daily thrives on delivering to its readers. From health scoops amid the coronavirus pandemic to revelations from the inner sanctum of council to breaking news of heartache and crime, we were there first, documenting the region s biggest stories this year. Here s some of the biggest exclusives the Daily broke in 2020. Coast covid fever clinic confirmed: The coronavirus pandemic has been the story of 2020. It claimed lives and completely changed others. The Coast was not immune to the fallout either. Daily s Matty Holdsworth reported leaked emails had confirmed a coronavirus ward had been established at Sunshine Coast University Hospital and fever clinic plans were in place.

BREAKING NEWS: Exclusives that rocked the Coast in 2020

Daily thrives on delivering to its readers. From health scoops amid the coronavirus pandemic to revelations from the inner sanctum of council to breaking news of heartache and crime, we were there first, documenting the region s biggest stories this year. Here s some of the biggest exclusives the Daily broke in 2020. Coast covid fever clinic confirmed: The coronavirus pandemic has been the story of 2020. It claimed lives and completely changed others. The Coast was not immune to the fallout either. Daily s Matty Holdsworth reported leaked emails had confirmed a coronavirus ward had been established at Sunshine Coast University Hospital and fever clinic plans were in place.

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