Overview
- Cor Cordis partners Rahul Goyal, Catherine Conneely and Stephen Earel were appointed to oversee Zone Manufacturing Pty Ltd, trading as Zone RV.
- The majority of the roughly 250-strong workforce was terminated with immediate effect, with employees told annual leave and some superannuation are owed.
- Operations will continue in a substantially reduced capacity while administrators conduct an urgent review to maximise outcomes for employees, customers and suppliers.
- Dozens of customers who prepaid — including some who transferred large final balances hours before the shutdown — cannot access completed vans locked behind factory gates.
- A whistleblower alleged insolvent trading to ASIC in September, and the regulator said in mid-November it was reviewing its initial decision not to act.