Bankruptcy

Missing monies’ Labor links makes waves for AFSA

Former bankruptcy trustee Paul Leroy. iNO hears that after Sydney bankruptcy trustee Paul Leroy departed our shores last year – allegedly taking money that wasn’t his – it was more than expectant creditors whose world’s were rocked. Our sources advise that anchors are dragging and the needle is all round the compass in the offices of the Australian Financial Security Authority (AFSA) thanks to the…

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Kapp saga continues as trustees fall short

Trustee in Bankruptcy Andrew Aravanis. Trustee in Bankruptcy Alexander Clark. The most likely outcome flowing from this week’s court ruling in the bitter fight between the trustees of bankrupt ex-Corr’s partner Phil Kapp and his wife Maryann is likely to be an appeal. “Although the bankruptcy trustees have had some success they have failed on most of their claims. Federal Court Judge Nye Perram. On…