Deals & Departures

SV Partners franchising Shire operation?

SV Partners’ Darren Vardy. SV Partners hasn’t exactly set about franchising its entire business, at least not yet, but certainly it would seem that the firm’s man in The Shire, Darren Vardy, has become SV’s first franchisee. INO’s mail is that Vardy’s new relationship with SV includes him taking over the lease of that portion of the SV premises at Caringbah in Sydney’s south that…


Holden and Crouch Amirbeaggi align in Victoria

Advertorial Foremans’ Timothy Holden has teamed up with Crouch Amirbeaggi. Crouch Amirbeaggi is delighted to announce that Timothy Holden has joined our team to head up our Melbourne office. Formerly at Foremans Business Services, Timothy is a Registered Liquidator and Trustee in Bankruptcy; a Chartered Accountant (Fellow) and a member of the Australian Restructuring Insolvency & Turnaround Association. He is also a graduate (Order of…


ATO inquisitor defects to private sector

Departing ATO director Aris Zarifiou. Image: http://www.theonesense.com The tax personage’s loss is the taxpayer’s gain, or at least that’s what Tania Waterhouse is expecting as Aris Zarifiou joins her other recent ATO hire Michael Cranston at Waterhouse Lawyers. Yesterday – between distressingly chesty hacks – a flu-stricken Waterhouse explained that Cranston and Zarifiou would provide taxpayers with the best possible representation in their dealings with…


Jirsch anoints new partners amidst ASIC investigation

Chris Baskerville, one of two new equity partners at Jirsch Sutherland. It might not be a response to the recent travails within Jirsch Sutherland’s NSW practice but the announcement of new partners is probably just the tonic to boost flagging morale. Jirsch’s Sydney HQ has been the subject of intense scrutiny since December last year when partner and registered liquidator Amanda Young was sacked amid…


Olde too young to retire

Quentin Olde has resigned from FTI Consulting. The only thing INO feels sure of in relation to this story is that Quentin Olde is not contemplating retirement to his beloved southern highlands garlic beds any time soon. Acting on a tip off that Olde was leaving FTI Consulting INO contacted the senior managing director late yesterday. Yes, he had resigned, Olde confirmed. He had resigned…


Is EY’s Canberra SME experiment over?

Slaven Torline’s Michael Slaven. Slaven Torline’s Aaron Torline. With the departure of Michael Slaven and Aaron Torline to kick start their new firm Slaven Torline one must ask who is going to advance EY’s SME insolvency agenda in Canberra. In the short term Slaven’s former partner Henry Kazar can ably represent EY in the national capital, but for how long? Kazar isn’t too far off…


BCR Advisory extends reach into Queensland

Daniel Moore – BCR Advisory (Qld). BCR Advisory’s John Morgan. BCR Advisory has sought to capitalise on potential opportunities in Queensland by bringing Sunshine State practitioner Daniel Moore into the fold. Under the new arrangement Moore’s DPM Recovery becomes BCR Advisory (Qld). The deal was formally announced last Thursday evening at the Tattersalls Club in Brisbane’s Queen Street. Those in attendance included Moore and BCR…


Queensland Trustee offloading files

Artemis Insolvency’s Peter Dinoris. Last week INO reported that certain sunburned sources north of the Tweed were insisting Artemis Insolvency’s Peter Dinoris was getting out of the game. While the man himself is reportedly on leave and yet to respond to INO’s inquires, we did confirm yesterday that Dinoris recently offloaded almost a third of his bankruptcy files to McLeod Partners‘ partner, Bill Karageozis. Principal…


KPMG confirms Ferrier Hodgson acquisition

Steve Parbery. Image courtesy Ferrier Hodgson. Glenn Livingstone. Image courtesy Ferrier Hodgson. INO is not much given to gloating so in regards to yesterday’s announcement that KPMG was swallowing Ferrier Hodgson all we’ll say is: “We told you so”. Back on February 8, 2019 in fact. In Ferrier Hodgson Merger With KPMG Imminent. Now the acquisition term’s are confirmed – though we understand Adelaide’s holding…


Conflict concern sees PwC cede to SPLs

PwC’s Daniel Walley. It’s not often that special purpose liquidators (SPLs) are appointed on the application of general purpose liquidators (GPLs). Usually a creditor with a beef about conflict is the one doing the applying, and it’s pretty rare for liquidators to surrender fees to anyone, even if they’re not a direct rival. But when a potential claim involves pursuing a government, and that government…