Discipline

ARITA expels member Steve Naidenov

Expelled from ARITA – Aston Chace principal Steve Naidenov. Aston Chace principal Steve Naidenov has been expelled from ARITA after failing to provide responses that the peak insolvency and restructuring organisation found satisfactory. In a short statement published this morning ARITA said Naidenov’s membership was terminated yesterday after he failed “…to provide a reasonable response to ARITA’s inquiries regarding his conduct in relation to a…

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Court agrees to ban liquidator for 10 years

Struck-off liquidator David Iannuzzi. In the end, 10 years on the sidelines looks better than a lifetime ban. So for David Nicholas Iannuzzi, the Sydney liquidator who for the last two years and three months has defended wide ranging allegations of serious misconduct, a decade of ignominy as a struck-off ex-liquidator commenced yesterday. Delivering his long awaited judgement, Federal Court judge Angus Stewart ordered that…