Amos Insolvency’s Peter Amos.EY’s Robyn Duggan.If anyone was wondering why newish EY recruit Robyn Duggan took so few appointments in 2022 it was probably because for a fair part of that year she knew she was leaving KPMG, the firm that offered her a place after it swallowed Ferrier Hodgson in 2019.In the current financial year Duggan took just one appointment in the first half…
The late Murray Godfrey.Ex-liquidator David Iannuzzi.It’s almost three years since Federal Court judge Angus Stewart made orders cancelling the liquidator’s registration of David Nicholas Iannuzzi. Since that time the liquidators charged with undertaking the work that Iannuzzi didn’t have been investigating, gathering evidence, settling claims where they could and commencing proceedings where they couldn’t.Those claims now on foot, which involve actions in respect of either…
RSM Australia Partners’ National Head of Restructuring and Recovery Greg Dudley.RSM Australia Partners’ Jerome Mohen.Given the directors of GT Capital were sucking $30,000 a month out of the company in the form of advances on future dividends, it’s perhaps no wonder that a pair of provisional liquidators are now installed at the litigation funder ahead of a winding up hearing next week.Add in unpaid bills,…
dVT Group co-founder Riad TayehiNO OpinionYou can imagine it must have been difficult for ex-liquidator Riad Tayeh to resist contributing a few cents worth of hard won wisdom when the Federal Government invited individuals and organisations to suggest improvements to the bankruptcy regime.The doors were flung open for submissions in January 2021, which was only a month before a judge of the Supreme Court of…
Bankrupt IP Sam Henderson.Grant Thornton’s John McInerney.When a company owes the ATO $5 million and would have had an opportunity to pay it but for a settlement that saw it forgo $5 million of $8 million it was owed well, you have to wonder if the professionals engaged to advise on the deal were granted full access to all the facts?The question occurred to iNO…
The Jirsch Sutherland partners that snagged the Remi Capital Group (Remi) VA last month might’ve had the inside running courtesy of a prior, related party appointment but that didn’t mean they had no competition.As is revealed in the Minutes of the first meeting of creditors, Remi’s voluntary administrators (VAs) Chris Baskerville and Glenn Crisp had to contend with various challengers, a not unusual occurrence given…
dVT Group co-founder Riad TayehPCI Partners Stephen Michell.dVT Group co-founder Riad Tayeh was yesterday bankrupted by order of the Federal Circuit and Family Court over a $5.4 million debt owed to the creditors of Timbercorp Finance.The 58 year old liquidator from Sydney’s west has spent more than a decade fighting the claim, brought by Timbercorp’s liquidators Craig Shepard and Mark Korda of KordaMentha following the…
dVT Group co-founder Riad TayehRetired dVT Group co-founder Anton de VriesThe clock is nearing a minute to midnight for dVT Group co-founder Riad Tayeh, with the Federal Circuit Court preparing to hear a creditor’s petition application lodged on May 10 by the liquidators of Timbercorp. If unopposed the 58 year old registered liquidator could be declared bankrupt next month.Such a declaration would also of course…
When a minion nicks millions from creditors it’s no surprise that the make good is both instantaneous and inclusive of interest. For restructuring behemoth Deloitte, there was surely never any suggestion that the big four firm’s well-heeled partners would resile from repaying every cent allegedly looted from various liquidation accounts that had had some level of interaction with Paul Quill, the now ex-Deloitte Melbourne director…
Retired dVT Group co-founder Anton de VriesdVT Group co-founder Riad TayehThings have gotten very real this week with lawyers for the liquidators of Timbercorp filing bankruptcy proceedings in the Federal Court against Anton de Vries and Riad Tayeh.As well as being the subject of claims for almost $5 million in relation to loans the pair obtained back in 2006 as part of investing in the…