McGrathNicol’s Anthony Connelly. Incoming SPL Daniel Cvitanovic. The sale of the assets of Battery Mineral Resources Limited (BMR) in late 2019 by Anthony Connelly and Jamie Harris looks set to be scrutinised by a special purpose liquidator (SPL) after a court heard that the McGrathNicol duo – who are currently BMR’s incumbent liquidators – aren’t inclined to object. That means that conditional on the court…
KPMG’s Morgan Kelly. Helm Advisory founder Stephen Hathway. The arbitrary powers of the NSW Independent Liquor & Gaming Authority (ILGA) have been on overt display these past few weeks in the curious case of the Sydney Portugal Community Club Ltd (Club). iNO readers may recall how we revealed last month that Helm Advisory’s Stephen Hathway and Phil Hosking had to resign appointments as voluntary administrators…
Grocon administrator Craig Shepard KordaMentha partner Craig Shepard was forced to adjourn the second meeting of the Grocon Administration Groups (Grocon) yesterday after the ATO proposed a compromise to assuage recalcitrant creditors pushing for a 45 day hiatus. Ahead of the meeting Shepard and his co-administrators Andrew Knight and Mark Korda had been adamant in their recommendation that the deed of company arrangement (DoCA) being…
Pitcher Partners’ Andrew Yeo. Pitcher Partners’ Gess Rambaldi. Liquidators contemplating public examinations may benefit from an account of the tortured progress being made by Andrew Yeo and Gess Rambaldi as they try to examine Ms Sherife Roseanna Ymer, the ex-wife of alleged fraud and phoenix mastermind Philip Whitman. It’s almost three years since the Pitcher Partners’ pair obtained summonses requiring Ymer to attend for examination…
Liquidator Gavin Moss outside the NSW Supreme Court this week. Never has iNO regretted scheduling a dental appointment more than when an hour of root canal on Wednesday morning led to us missing the moment liquidator Gavin Moss was alleged to have knowingly misled a court. Stoically endured and lavishly anaesthetised discomfort aside, the making of this allegation before NSW Supreme Court judge Kate Williams…
Chifley Advisory’s Gavin Moss Further details of the bid to remove Gavin Moss as liquidator of Fogo Brazilia Franchise Holdings Pty Ltd (FBFH) emerged this week when a court ruled on an application to have a subpoena seeking details of communications between Moss, his funder and his funder’s lawyer set aside. The subpoena was issued to Stewart Levitt of Levitt Robinson Solicitors on February 24,…
O’Brien Palmer’s Chris Palmer. There’s nothing like being in business with your referrer to get an appointee offside with someone and at least some of those connected to ICON Construction (NSW) Pty Ltd (ICON) were recently in a flap about Chris Palmer. Following the granting of consent orders in the NSW Supreme Court the O’Brien Palmer principal and colleague Liam Bailey replaced ICON administrator Ben…
Brooke Bird’s Robyn Erskine. The temperature in Federal Court 19B went from too hot to too cold between last Friday and Monday this week but for the examinees summonsed to appear by liquidator Robyn Erskine, the chill did little to improve their recall. Central to the Brooke Bird principal’s investigation into North Shore Property Developments Pty Ltd are events that go back to 2014 but…
Brooke Bird’s Robyn Erskine. There were testy exchanges in Federal Court room 19B yesterday, and it wasn’t just the examinees being put to question by counsel for Brooke Bird’s Robyn Erskine who were getting hot under the collar as the air conditioning failed. More than once barrister Scott Aspinall remarked about the oppressive atmosphere in the court where he has been grilling individuals associated with…
Greyhouse Partners’ Ben Verney. O’Brien Palmer’s Chris Palmer. Victorian practitioner Ben Verney is clinging tenaciously to the administration of Icon Constructions (NSW) Pty Ltd but decisions he made in respect of proofs of debt at the first meeting could see him stripped of the appointment before the year is ended. Lawyers for Owners Corporations (OCs), developers and unit owners claiming for building defects – this…