Creditors of OneLife Labs and OneLife Cultivation, which have been in administration for more than three months, are likely to receive only a fraction of the money they are owed as they prepare to decide on the future of the companies.

At a meeting scheduled for next Monday, creditors will be advised not to wind up the businesses but to enter a Deed of Company Arrangement (DOCA) with OneLife director Andrew Grant.

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Steve has reported for a number of consumer and B2B titles over a journalism career spanning more than three decades. He is a regulator contributor to health journal, The Medical Republic, writing on...

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