iNO’s 2019 Year in Review

January: iNO’s 2019 coverage kicked off with a story related to the topic that had dominated our headlines in December 2018 – namely the decision by Jirsch Sutherland to terminate the employment of partner Amanda Young days before Christmas. In the near term aftermath Young’s brother and a former managing partner of Jirsch Sutherland Sule Arnautovic resigned as liquidator of St Gregory’s Armenian School Inc,…

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Regulators continue jihad on practitioner compliance

COMMENT Presenting oneself as a fierce and tireless scrutiniser of insolvency practitioners is all the rage among the relevant regulators at the moment. The view among much of the bureaucracy seems to be that these highly qualified professionals cannot be trusted and only heavy regulatory shackles will prevent them from abusing their position to the detriment of all. It’s nonsense of course but regulation is…

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Leigh to defend PPBA/Neolido fraud claim

David Leigh, the former PPB Advisory (PPBA) partner who stunned the profession after it emerged he had allegedly pinched $800,000 to pay debts, is set to stun again. In the Supreme Court of Queensland yesterday, Leigh filed a notice of intention to defend a claim for recovery of the funds, launched on February 28, 2018 by PPBA. From what can be gleaned from the document…

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