Member voting at the Second Meeting of Creditors: Your vote DOES count!

Member votes DO count!

All members and creditors are strongly encouraged to complete a specific proxy and vote on the future of EA. It is critically important we hear from all members.

Members votes are important for the formal resolutions to be considered at the second meeting, but members votes are equally as important to achieving a member driven democratic outcome for the future of equestrian sport in Australia.

If all members participate and vote at the second meeting, the Administrators will be able to provide a report to the State Branches (and all stakeholders) setting out.

  • the number of members who voted overall
  • the number of members who voted on a state by state basis
  • How each member voted.

Your vote will be a very insightful and hopefully persuasive on the State Branches if they are required to consider a resolution for constitutional change.

It would be difficult to imagine the State Branches voting against the wishes of a democratic vote from members (who are members of both EA and specific states).

We encourage all members to vote by special proxy and have their say on the future of EA.

Access the unique creditors' portal to place your vote HERE

Administrators’ response: correspondence issued by five State Branches on Wednesday 8 July 2020 with respect of members right to vote

The Administrators have been provided with copies of communications from five State Branches (excluding EQld) concerning member voting rights. Below is an extract from the EVic communication. The statement is essentially the same from all States that are part of the State Boards’ DOCA Proposal. 

  • KordaMentha and the remaining 4 EA Directors are denying votes to Victoria and other states based upon a technicality. This is not fair or equitable, unfortunately, our only way to make this process fair is by taking court action, a step we don’t want to take.

The Administrators have and continue to encourage all members to participate and vote in the administration process. The four remaining directors have no say on who can or cannot vote. The Administrators are not seeking to deny any member a right to vote.

The Administrators are very pleased to read the States believe that it is not fair or equitable for members not to have a vote. We share this view. We note the States have identified the only way to make this process fair is by taking court action.

State Branches to confirm

To put the question of members’ right to vote at the second meeting beyond doubt, we invite each of the State Branches by 5pm today, 9 July 2020 to:

  1. Confirm in writing to all members that they will support all members being recognised as creditors for the purpose of voting at the second meeting, and
  2. If required, will support the Administrators to protect and defend members rights to vote at the second meeting if that right is challenged by any party in Court at a later date.

We encourage all members to vote by special proxy and have their say on the future of EA.

Access the unique creditors' portal to place your vote HERE

 

Craig Shepard & Kate Conneely

STATE BRANCHES