Corporates

Liquidator prevails over entity without a bank account

DV Recovery Management’s Daniel O’Brien. It’s tough to argue that a company isn’t impecunious when it doesn’t have a bank account. Just ask the Sydney barrister who turned up to advocate for this proposition before NSW Supreme Court corporations judge Ashley Black on Monday. The barrister – Daniel Krochmalik of 3 St James – has had plenty of experience and some success before Black J…

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Rival insolvency lawyers had the same instructor

Piper Alderman partner Thomas Russell. Hegarty Legal’s Peter Hegarty. It can’t be easy for lawyers making their bones in the insolvency space. You need worthwhile referrers and clarity about whether you’re going to implicitly trust your clients or proceed on the basis that such a course would constitute an intolerable risk. Whichever path is chosen there’s always the potential for uncertainties around retainers and ….