FEG

Liquidator fought the law and, well you know the rest

Mackay Goodwin principal Domenic Calabretta. Image courtesy Mackay Goodwin. Dominic Calabretta may have ended his obdurate resistance to efforts to replace him as liquidator of Condura Pty Ltd but the terms of the truce negotiated with his nemesis will see a final humiliation imposed upon the Mackay Goodwin founder. While the Federal Court has approved an application by the Commonwealth’s FEG Recovery Unit seeking 40…

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FEG freed to fight new front on 596AB

The Commonwealth’s FEG Recovery Unit has won an important skirmish in its dispute with One Corporate Trust Services (OCTS), the appointors of McGrathNicol as receivers of Australian Road Express Pty Ltd (ARX) and Jolly’s Transport Services Pty Ltd. On Monday, the Federal Court published the September 17, 2018 decision of Justice Mark Moshinsky dismissing OCTS’ application to have FEG’s cross-claim in this complex game of PPSR fanagling struck out. The…