DIRRIs

Weston V Cathro over 2nd bite of South Pelagic

DW Advisory’s Paul Weston. Worrells partner Simon Cathro. DW Advisory’s Paul Weston is demonstrating an optimistic streak of generous width, putting his hand up to replace the man who replaced him little more six months ago. Weston, who did not respond to inquiries prior to iNO’s deadline, has been given the chance to takeover as liquidator of South Pelagic Holdings Pty Ltd. That opportunity has…

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Abuse of process challenge to VAs’ appointment

Cor Cordis partner Alan Walker. When voluntary administrators are appointed almost six weeks after winding up proceedings are commenced, you can guarantee that those seeking a liquidation will consider attacking the appointment as an abuse of process. Such is the situation Cor Cordis couple Alan Walker and Andre Lakomy have found themselves in after accepting an appointment as VAs of CGA (Aust) Pty Ltd on…