Veritas Advisory’s David Iannuzzi.Despite various decisions in its favour, including most recently in February before the Federal Court of Appeal, the Commissioner of Taxation (CoT) has even now, more than 18 months after this action was commenced, yet to fully secure its bid for an inquiry into the conduct of Sydney liquidator, David Iannuzzi.Observers of this slow march to uncertainty would be forgiven for thinking…
Amanda Young. The costs keep mounting for Jirsch Sutherland with the firm engaging PwC to conduct an exhaustive audit of its systems and files in the wake of the alleged misappropriation of approximately $238,000 by former partner Amanda Young. A spokeswoman for Jirsch yesterday confirmed the engagement, which INO understands will attempt to identify how Young, whose employment was terminated just before Christmas, allegedly siphoned…
Brooke Bird’s Robyn Erskine.The Federal Court of Appeal yesterday dismissed an application by North Shore Property Developments (NSPD) liquidator Robyn Erskine in what represents a potential setback for the ATO in its pursuit of Erskine’s predecessor, Sydney liquidator David Iannuzzi.In Erskine as liquidator of North Shore Property Developments Pty Ltd (in liq) v 72-74 Gordon Crescent Lane Cove Pty Ltd [2019] FCAFC 62 three appellant…
Artemis Insolvency’s Peter Dinoris.The bankruptcy regulator has confirmed what INO reported back on March 6, 2019 – Queensland-based trustee Peter Dinoris is potentially facing the chop.Without fanfare the Australian Financial Security Authority (AFSA) has attached a notice on its register of trustees advising that the Inspector General in Bankruptcy had issued Dinoris with a show cause notice and received no response.Accordingly, the Inspector General then…
Brooke Bird’s Robyn Erskine.Veritas Advisory principal David Iannuzzi.It’s well documented that Sydney liquidator David Iannuzzi is defending an action brought by the Commissioner of Taxation (CoT) that aims to end his career.Now a new front in that war has been potentially opened following belated approval of a funding agreement between the CoT and Melbourne-based liquidator Robyn Erskine.In the Federal Court yesterday Justice Kathleen Farrell approved…
dVT’s Suelen McCallum.dVT’s Riad TayehdVT Group duo Suelen McCallum and Riad Tayeh have been fined $10,000 following an investigation by an ARITA Professional Conduct Committee (PCC).ARITA convened the PCC to examine the pair’s acceptance of an appointment as liquidators of Hemisphere Technologies (HT), which these days is known as ACN 152 546 453 Pty Ltd.Their appointment took place in January 2017, following some fast work…
Artemis Insolvency’s Peter Dinoris.Last week INO reported that certain sunburned sources north of the Tweed were insisting Artemis Insolvency’s Peter Dinoris was getting out of the game.While the man himself is reportedly on leave and yet to respond to INO’s inquires, we did confirm yesterday that Dinoris recently offloaded almost a third of his bankruptcy files to McLeod Partners‘ partner, Bill Karageozis. Principal Jonathan McLeod…
Deregistered Trustee David John Leigh.Don’t you love this initiative by the regulators to make registered practitioners responsible if a disgraced ex-trustee or liquidator weedles their way back into the game?The thought occurred to INO following Wednesday’s announcement by ASIC in regards to David John Leigh, the former PPB Advisory partner who misappropriated $800,000 from a liquidation account between July and November in 2017. The committee convened to…
Mackay Goodwin principal Domenic Calabretta. Image courtesy Mackay Goodwin.Domenic Calabretta’s handling of the Condura Pty Ltd MVL and CVL will be reviewed after a court ordered that the Sydney liquidator be replaced by Ferrier Hodgson’s Robyn Duggan.Calabretta was appointed liquidator of Condura via a members voluntary liquidation (MVL) back in December 2017.By August 2018 the MVL had become a creditors voluntary liquidation (CVL) and the…