Deed Administrators

Estimate or Assessment key to proof of debt dispute

Jones Partners principal Bruce Gleeson. Jones Partners Daniel Soire. Was a proof of debt a formal notice of payroll tax assessment, with all the force such a determination issued by a statutory authority carries, or was it a mere estimate, which for the purposes of a DoCA vote could be deemed contingent? This is one of the key questions Federal Court judge . . ….

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VA falls on sword as judge rejects receivers’ deed plea

Vincents’ Nick Combis. Federal Court judge Brigitte Markovic has dashed the hopes of the receivers of foreign currency exchange Navigate Global Payments (NGP) by siding with a contingent creditor on the question of whether the company should be wound up or returned to administration. Her honour’s rulings – to be found in Shiny (Trustee), in the matter of Navigate Global Payments Pty Ltd (Receivers and…