ASIC pursues beef with KPMG pair over GD Pork

KPMG’s Martin Jones. KPMG’s Andrew Smith. There’s an intriguing stoush simmering away in Fortress West Australia where the corporate regulator has urgently intervened in an application by two KPMG restructuring partners in respect of remuneration.  The fun began on February 1, 2019 when then Ferrier Hodgson Perth partner and liquidator Martin Jones filed an originating process and supporting documentation with the West Australian Supreme Court. …

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Conflicts behead EY’s Sydney restructuring team

Liquidator at large: Marcus Ayres. Adios EY – Brett Lord. To lose one senior partner from your restructuring team might seem like carelessness but two? Simultaneously? Such however is the situation EY finds itself in following the resignations of Sydney-based insolvency supremos Marcus Ayres and Brett Lord, who gave notice before Christmas. While Ayres has already departed, Lord is we understand negotiating his notice period….