Retiring – dVT Group founder Antony De Vries dVT Group’s Antony De Vries is preparing to bow out after a long career as one of western Sydney’s bigger insolvency wheels but any expectation of a tranquil retirement will likely be disappointed in the short term at least. In their capacity as the liquidators of the failed tax scam Timbercorp, KordaMentha partners by Craig Shepard and…
dVT Group founder Anton De Vries dVT’s Riad Tayeh A recent judgment of the Supreme Court of Victoria might see amiable dVT Group partner Riad Tayeh forced to take decisive action, which could ultimately include declaring bankruptcy. The reasons for such a potential and at this stage hypothetical course lie in the findings of Victorian Supreme Court Judge Peter Riordan, who on February 5 ruled…
Opinion Incoming Small Business Ombudsman Bruce Billson. Small Business Ombudsman and liquidator’s bane Kate Carnell. Insolvency practitioners can but hope that the persecution will end now that former Federal Minister of Small Business Bruce Billson has been anointed to replace the inquisitorial Kate Carnell as Australian Small Business and Family Enterprise Ombudsman (ASBFEO). Billson did not return calls yesterday to explain how or even if…
Hall Chadwick’s new head of Personal Insolvency John Shanahan. Thinning liquidator ranks lose another: Kristen Beadle. As iNO reported elsewhere today, Melbourne-based Kristen Beadle has left Hall Chadwick and the insolvency profession to take up a role as manager public practice and SME with CPA Australia. iNO understands Beadle also intends to let lapse her registrations as a registered liquidator and trustee in bankruptcy. Hall…
Deloitte defector Neil Cussen joins Cor Cordis You have to wonder how it is that Deloitte, which received the largest transfusion of fees in Australia in recent years courtesy of the Virgin appointment, can be haemorrhaging partners? That very question was put to iNO during a conversation with someone close to the recent move by liquidator and Deloitte veteran Neil Cussen to move to Cor…
Departing Deloitte partner Vaughan Strawbridge. Deloitte Queensland managing partner John Greig. Insiders close to the Virgin administration have rejected elements of speculation around Deloitte partner Vaughan Strawbridge‘s decision to defect to FTI which iNO reported recently. No swords were crossed by the administrators in the engineering of Virgin’s DoCA was the word from well placed sources, who dismissed rumours Strawbridge and Deloitte Queensland managing partner…
Departing Deloitte partner Vaughan Strawbridge. McGrathNicol’s Jason Preston. In recent weeks the gossisphere has been thrumming with speculation about why Deloitte heavy hitter Vaughan Strawbridge is, as the AFR’s Street Talk squad recently revealed, taking his bat and ball to FTI Consulting. Some among iNO’s sources suggested that Strawbridge had crossed swords with John Greig, the managing partner of Deloitte’s Queensland practice. Greig it should…
DW Advisory’s Paul Weston. Worrells partner Simon Cathro. Paul Weston has been appointed liquidator of South Pelagic Holdings Pty Ltd at a meeting convened at the behest of creditors seeking to punt Worrells’ Simon Cathro, whom a court had in February appointed to replace the company’s then administrator, Weston. Independence breach you shrill? No. Not a bit of it. At least not according to Weston…
Auxilium Partners’ Bob Jacobs. There will be jubilation in certain quarters following the sale last week of Pluton Resources’ iron ore operation on Cockatoo Island, located in the aptly named Buccaneer Archipelago off West Australia’s northern coast. Whilst Pluton receiver and Auxilium Partners principal Bob Jacobs can claim credit for succeeding where a procession of his predecessors failed, KordaMentha’s John Bumbak and Janna Robertson (now…
BRI Ferrier’s Peter Krejci. FerrierSilvia’s Brian Silvia. As was foreshadowed by iNO on July 1, veteran liquidator Brian Silvia has parted company with the BRI Ferrier group, though not with the Ferrier name as evidenced by the registration in June of FerrierSilvia Pty Ltd. iNO understands that the split of the NSW BRI Ferrier affiliate was formalised over the weekend. In a statement BRI Ferrier…