Careers in Arrears

Ex-liquidator making hay in distressed lending

Andrew Wily: not done with hunting? It’s no great stretch to imagine a former liquidator would be well equipped to earn his or her crust from the crumbs that fall from failed deals in the distressed lending space. It’s even less of a stretch to imagine that that ex-liquidator might be former Armstrong Wily principal Andrew Hugh Jenner Wily. The ever colourful Wily relinquished his…

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Court agrees to ban liquidator for 10 years

Struck-off liquidator David Iannuzzi. In the end, 10 years on the sidelines looks better than a lifetime ban. So for David Nicholas Iannuzzi, the Sydney liquidator who for the last two years and three months has defended wide ranging allegations of serious misconduct, a decade of ignominy as a struck-off ex-liquidator commenced yesterday. Delivering his long awaited judgement, Federal Court judge Angus Stewart ordered that…