Marcus Watters – A dozen jobs the price of joining Hall Chadwick. With the departure of Marcus Watters, Jirsch Sutherland has lost a senior Queensland operative to rival Hall Chadwick but it’s clung tenaciously to the departee’s dozen or so appointments, ensuring whatever worthwhile WIP might reside in those jobs has been kept out of the coffers of Jirsch’s fiercest foe. Watters moved to Hall…
Deloitte’s Vaughan Strawbridge. KordaMentha’s Mark Korda. As significant a news story as Deloitte’s appointment as voluntary administrators (VAs) of Virgin Australia Group is, it pales beside the unsubstantiated scuttlebutt upon which iNO routinely latches like a vengeful lamprey with a surfeit of monarchs. Simply put, the mail going around is that KordaMentha co-founder Mark Korda is less than impressed at being overlooked for this historic…
Duff & Phelps’ Ken Whittingham. Signed with Duff & Phelps: Marcus Ayres. For some time Talent Transfer has been wondering where insolvency veteran Ken Whittingham would land since departing PwC. Now we know. The former PPB partner, who endured less than a year at the big four consultancy before succumbing to the conflict-a-thon, has emerged in a senior role at the Sydney office of global…
From FTI to Ankura – Preeti Inchody From FTI to Ankura – Liam Healey Given Ankura’s global boss Kev Lavin was once part of FTI Consulting it comes as no surprise to see Quentin Olde, the man responsible for establishing Ankura’s presence down under and himself a relatively recent departee from FTI, turning to FTI’s ranks to build a team. Olde was on Linked In…
At PwC no longer: Ben Craw PwC has lost a respected name in the food and agribusiness sector with Ben Craw leaving to form a new venture in partnership with Gunn Agri Partners. Formerly part of PPB Advisory’s well regarded agribusiness division, Craw joined PwC 18 months before it swallowed PPB whole. Craw, 41 didn’t respond to inquiries by deadline but his Linked In profile…
Stuart Otway. Alan Scott. The rumour mill’s running hot as Hades in the city of churches with iNO reliably informed that BRI Ferrier duo Alan Scott and Stuart Otway are preparing to rebadge as SV Partners. SV partners and Jirsch Sutherland have been making approaches to Adelaide-based insolvency practitioners for some time according to our sources and it would seem that SV has decided to…
Balance Insolvency principal Tim Cook. Balance Insolvency’s Tim Cook looks to have secured a multi-million dollar sale of an intriguing parcel of dirt in Sydney’s west. The land in question has been the subject of protracted litigation between various parties since before Cook was appointed administrator of Fearndale Holdings Pty Ltd, in May 2018. Apart from a currently reserved judgment from the NSW Court of…
Lowe Lippmann’s Gideon Rathner. The exercise of commercial judgment is often open to question and Victoria-based Gideon Rathner and Matthew Sweeny may find a recent decision proves vulnerable in the wake of judgment in the matter of Cadence (90) Investments Pty Ltd as trustee of the GDC Discretionary Trust v Simon Dougal Chalmers [2019] NSWSC 1168. The Chalmers referred to is a wellness startup entrepreneur and…
Ex-liquidator Andrew Wily (C) exiting the NSW Supreme Court. The problem with retiring to enjoy the fruits of a life’s labours as ex-liquidator Andrew Wily has done is that sometimes you forget about some of the fruit. Back in 1999 Wily was appointed liquidator of a thing called Liquid Vision. “In a sense, Mr Wily has also ceased to exist, at least in his capacity…
AIIP president Stephen Hathway. Helm Advisory’s Phil Hosking. iNO hears that common sense and self-interest have prevailed to deliver a big win for liquidators Stephen Hathway and Phil Hosking, and that means a big win for unsecured creditors of multiple entities associated with the Merhis construction group. While official confirmation is pending, iNO can reveal that the people behind Merhis have agreed to pay around…