Exploring new opportunities: Neil Cussen. Sydney partner Ozem Kassem. The recent ructions in the Sydney office of national mid-tier Cor Cordis have resulted in star recruit Neil Cussen leaving the firm. “We’re currently working through the details to facilitate Neil’s amicable departure.” In a statement issued late last night Cor Cordis national marketing manager Lidia Bufalino said: “Further to our statement issued on Tuesday 11…
BRI Ferrier partner Peter Krejci. “Transcript! I must have transcript,” the appeals court president might well have thundered. When appellant court judges are delivered a white book unfit for a dog’s breakfast and receive material in their chambers on the morning of the hearing that hasn’t been served on the respondent well, tempest can be reliably forecast. And inevitably in such circumstances, a bench’s collective…
Hall Chadwick’s Richard Albarran. Hall Chadwick’s Richard Lawrence. A contested fee application scheduled for hearing in June is likely to give liquidators and the lawyers who act for them deep insights into how the courts view the always contentious issues of information provision, seniority and duplication of work. “I take issue with these allegations and moreover say that the ATO has no basis to question…
Hogan Sprowles Brendan Copeland. Hogan Sprowles Michael Hogan. To defend or to not defend? It’s a question insolvency practitioners accept as part of their general lot, one in which the correct answer frequently reveals itself only after the benefits of hindsight have crystallised in full. On Monday this week a court heard that the deed administrators (DAs) of Minle Wine Negociants of Australia Pty Ltd…
The late Sam Henderson. A man pronounced dead after emergency services were called to a Sydney hotel has been confirmed as former Jirsch Sutherland partner Sam Henderson. Police were called to the Vibe Hotel in North Sydney around 3pm on Tuesday, April 4 amid concerns for a man’s welfare. “On arrival, officers from North Shore Police Area Command found a 45-year-old man deceased,” NSW Police…
PKF’s Brad Tonks. FEG Active Creditor Recovery Unit Director Henry Carr. There would have been only measured satisfaction in the offices of PKF partner Brad Tonks and his lawyers at O’Neill Partners after the NSW Supreme Court yesterday delivered them a potentially significant victory against the Commonwealth’s FEG Recovery Division in respect of the dreaded interplay of sections 556 and 561 of the Corporations Act…
Cor Cordis Sydney practice head Neil Cussen. Cor Cordis Sydney partner Ozem Kassem. For some weeks iNO has been hearing that change is afoot in the Sussex Street offices of the Cor Cordis Sydney practice. Departures. A break up. A disintegration. The rumours careened wildly about, lacking perimeters to curb the speculative extent of their fanciful flights. Until last night when the firm issued a…
Steven Golledge SC. The Commissioner of Taxation’s (CoT) ears would’ve been aflame last week as Steven Golledge SC excoriated the highest tax officer in the land for repeatedly failing to preserve claims to millions lost to illegal phoenixing. As iNO reported in Banq Jurisdiction Case Could Limit Late Start Litigation, ex-clients of the controversial Banq Accountants & Advisers are seeking to overturn the basis on…
Lawyer Ben Sewell stared down ASIC to clinch restricted ticket. They say there is more than one way to skin a cat, though having limited familiarity with the skinning game iNO cannot vouch for the veracity of this disturbing adage. We can however see the maxim at work in the case of a recent registration of a Sydney lawyer as a liquidator. The mail crossing…
Ex-liquidator David Iannuzzi. Commencing proceedings years after the deadline for such actions has expired is in for a test as the long running battle between the Commissioner of Taxation (CoT) and clients and interests associated with the notorious Banq Accountants & Advisors group flares again. The latest outbreak involves an appeal in the Federal Court by various beneficiaries of the Banq tax evasion scheme against…