Pitcher Partners’ Andrew Yeo. Pitcher Partners’ Gess Rambaldi. Pitcher Partners’ Andrew Yeo and Gess Rambaldi are venturing into tricky legal waters as they seek to recover more than $1 million they’ve traced to companies linked to alleged phoenix mastermind, Philip Whiteman. In the Federal Court in Melbourne yesterday, the pair – who were first appointed liquidators of Whiteman’s Armstrong & Shaw Group of Companies (A&S…
Opinion Mukhtader Mohammed – the aviation specialist is on the front line in the VA’s negotiations with aircraft lessors. There’s certainly been a bit said about the myriad relationships existing between insolvent aviator Virgin Australia and Deloitte, the big four professional services firm to which Virgin’s four voluntary administrators (VA) belong. The DIRRI lodged by the Deloitte four detailed the extent of the relevant relationships,…
dVT’s Suelen McCallum. dVT’s Riad Tayeh dVT duo Suelen McCallum and Riad Tayeh haven’t had the best of starts to the year of the sneezing pangolin with the Disciplinary Tribunal of Chartered Accountants Australia and New Zealand (CAANZ) dishing out fines and a professional censure in respect of a breach of the accounting profession’s byzantine APES code. As well as being slugged $8,500 each for…
Approved and funded to pursue: SPL Giles Woodgate. Sydney liquidator Giles Woodgate has won backing to pursue dVT Consulting duo Suelen McCallum and Riad Tayeh for possible breach of contract or negligence. In the matter of ACN 152 546 453 Pty Ltd (Formerly Hemisphere Technologies Pty Ltd (In Liq)) [2020] NSWSC 270 NSW Supreme court judge Arthur Emmett this week agreed to extend Woodgate’s powers…
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….
Hall Chadwick’s Steve Gladman. It has taken time but this week the NSW Supreme Court of Appeal delivered its verdict in respect of a contentious casting vote exercised by Hall Chadwick’s Steve Gladman at the second meeting of creditors of Glenfyne Farms, back on October 9, 2018. That vote, which for practical purposes defeated an attempt by Glenfyne’s major creditor to replace Gladman as liquidator,…
BPS Recovery’s Mitchell Ball. Jump on directors, back-dated documents, low ball fees and a common referrer – a disciplinary committee convened to consider whether liquidator Mitchell Ball should remain registered has benched the BPS Recovery partner for a year but declined to cancel his registration. Making its findings public yesterday the committee said that Ball’s contrition, the calibre of those providing endorsements of his character…
BRI Ferrier’s Brian Silvia. BRI Ferrier’s Brian Silvia had a win in the Supreme Court of Victoria earlier this month when a judged rejected claims that he was a “dirty expert” and that a report he authored for one side in a dispute among members of Melbourne’s wealthy Auswild family should be ruled inadmissible. In mid-2013 Silvia had been engaged by several members of the…
Hall Chadwick’s Richard Albarran. Hall Chadwick’s Brent Kijurina An accounting practice principal has insisted that his firm has no referral relationship with Hall Chadwick despite referring multiple appointments to Hall Chadwick’s Sydney practice and engaging the wife of a Hall Chadwick staffer as a bookkeeper. During public examinations in the Federal Court last month Hafez Alameddine, principal of Macquarie Accountants, answered “Privilege. No” when asked…
Hamilton Murphy’s Stephen Dixon. The old independence bugbear never lets up it seems with AFSA recently gnawing on an apparently conflicted limb attached to registered trustee Stephen Dixon. iNO understands it was the view of the personal insolvency regulator that the Hamilton Murphy partner should not have taken an appointment as trustee of the bankrupt estate of Graeme Charles Diamond, 63 of Guanaba in Queensland,…