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DIRRIs

Conflict, Corporates, Creditors, Directors, DIRRIs, Judgment, Liquidations, Liquidators 4 December 2020

Appetite for excitement pinged by judge

CJG Advisory’s Mathew Gollant. Melbourne-based IP Mathew Gollant must possess a fair appetite for excitement given his acceptance of an appointment as liquidator by creditors voluntary liquidation (CVL) of ACN 081 014 208 Pty Ltd, which until September 30, 2020 went by the name Millennium Electronics Pty Ltd (Millennium). iNO’s arrived at this conclusion after reading the judgment of South Australian Supreme Court judge Mark…

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Conflict, DIRRIs, INO Opinion, Restructuring, VA's & DoCA's 29 April 2020

Virgin, Deloitte – conflict the inescapable reality

Opinion Mukhtader Mohammed – the aviation specialist is on the front line in the VA’s negotiations with aircraft lessors. There’s certainly been a bit said about the myriad relationships existing between insolvent aviator Virgin Australia and Deloitte, the big four professional services firm to which Virgin’s four voluntary administrators (VA) belong. The DIRRI lodged by the Deloitte four detailed the extent of the relevant relationships,…