ATO

Administrator ditched after ATO loses patience

Morton + Lee Insolvency’s Gavin Morton. No practitioner likes being replaced just when the labour of administration looks set to moderate courtesy of a deed proposal but unsecureds can be restive beasts, particularly when they are the ATO. Last month it was the turn of Queensland liquidator Gavin Morton to test the Commonwealth debt collector’s patience in relation to a Deed of Company Arrangement (DoCA)…

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Plutus liquidators’ suppression bid unravels

Deloitte’s Sal Algeri. Deloitte’s Tim Norman. “At the moment it seems to me that this application has descended into chaos” the judge said, and at that point the inexpertly tailored bid for suppression orders in the matter of Plutus Payroll came apart like a cheap suit. It was yesterday morning in the court of Justice Ashley Black, and an application was being brought by lawyers…