Discipline

Liquidator case unchanged as directors charged

Worrells partner Jason Bettles. The corporate regulator confirmed this week that its case against Worrells partner Jason Bettles remains unchanged and on foot in the wake of criminal charges being filed in the Brisbane District Court against former directors, officers and advisors connected with the 2016 collapse of Members Alliance Group (MA Group). Bettles it should be noted, has consistently denied allegations of facilitating phoenix…

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Seize the pay! Liquidators exonerated as ASIC fails

Olvera Advisors’ Kate Barnet. Liquidator Bill Fletcher. Liquidators Kate Barnett and Bill Fletcher have been exonerated by a committee convened in July this year to consider contraventions ASIC alleged were perpetrated in the early days of the Octaviar liquidation. The allegations were brought to Barnett and Fletcher’s attention in show cause notices under section 40-40 of the Corporations Act issued by ASIC in 2019. After…