Liquidator Peter Dinoris may have parted ways somewhat abruptly with Vincents Chartered Accountants but salvation in the form of a new role is potentially a mere seven floors down from Vincents’ Level 34 HQ in the Santos Place complex on Brisbane’s Turbot Street. Whilst processing dross from the insolvency silts earlier this week, SiN learned that the out-of-work Queenslander was considering re-establishing himself under the banner of…
Perhaps it’s a coincidence but in the wake of the findings of Federal Court Judge John Reeves, Peter Dinoris and Vincents Chartered Accountants have parted company. The registered liquidator and doyenne of Brisbane’s Orthodox Greek community told SiN this week he tended his resignation on October 4. He declined to be drawn on why his 15 years with Vincents had come to what seems an abrupt…
Until the afternoon of September 5, Queensland Nickel’s (QN) general purpose liquidators (GPLs) – John Park, Kelly-Anne Trenfield, Stefan Dopking and Quentin Olde – were stuffed. The FTI four had no money to pursue claims they’d identified as GPLs and no money to cover the liabilities they’d incurred operating the Yabulu Nickel Refinery as QN’s voluntary administrators (VAs). In addition, indemnities provided by the refinery’s controller Clive Palmer prior to…
Korda Mentha and its legal advisors will need all their combined knowledge and skill when designing the framework for the flock of Deeds of Company Arrangement (DoCAs) needed to facilitate Arrium Mining and Materials’ eventual sale. Whilst secrecy around the pre-sale process is tighter than that shrouding the Australian submarine contract, SiN hears some details released to registered interests have found their way to a major masthead….
You know a voluntary administration (VA) is progressing – hopefully in the direction intended – when the company secretary is no longer needed. At least that’s how Arrium’s VAs from Korda Mentha are spinning the departure of Mark Edler, with a spokesman confirming yesterday that there is: “No need to replace (the company secretary) at this stage of the process …. the sales campaign is…
Reconstruction guru Chris Campbell is being forced to revisit his past as a partner at Deloitte thanks to the bullish determination of creditor denied Garry Hopper (pictured), who on Monday returned for another crack via the Supreme Court of Appeal. The ex-MF Global Australia (MFGA) trader has been waging a legal battle against Campbell and his former Deloitte colleagues David Lombe and Vaughan Strawbridge since October…
Times have changed for Ginette Dawn Muller. The one-time insolvency director at FTI Consulting has diversified with her own GM brand and in recent times has been organising loans for property luminaries including Salim Mehajer, the controversial Sydney developer whose role as deputy mayor of Auburn Council is in limbo while the council remains suspended pending the outcome of a public inquiry. Documents and emails obtained by SiN…
STEPHEN Hathway hasn’t wasted time. Little more than a month after being ejected from the SV Partners’ Sydney practice he co-founded, Hathway is up and running with a new outfit he’s dubbed Helm Advisory. ASIC records show Helm Advisory Pty Ltd was registered on August 31 and SiN dropped into the new offices at 32 Martin Place yesterday to meet the team. The core is…
CANBERRA-based insolvency practice Kazar Slaven has been taken out by EY Oceania, a division of global professional services heavyweight, Ernst & Young (EY). In a note to clients last Thursday, firm principals Henry Kazar and Michael Slaven said the transaction would be completed by the end of the month. “We’re pleased to advise you that the professional services firm Ernst & Young (EY), has moved to…
STEPHEN Hathway, the man who with Tim Heesh established SV Partners in NSW almost a decade ago has been dumped by the firm, with clients advised of his departure via email last week. “Dear Colleagues, we advise that Stephen Hathway, Director in our New South Wales practice, has ceased to have an active involvement with SV Partners and is presently on extended leave. “Stephen joined…