Queensland IP Bill Cotter has been on a wild ride these last few months since being appointed voluntary administrator of Delta Law Pty Ltd, an incorporated legal practice, on August 1. Cotter was first approached on July 16. Referrer James Loel and Delta director Quinton Rozario were interested in discussing a possible appointment as liquidator. In legal proceedings brought by interests seeking to oust Rozario,…
Arrium deed administrator Bryan Webster. It’s not too often that directors of an insolvent entity or group have the external administrators fighting tooth and nail to keep them out of court. This would appear to be the case however after Arrium‘s deed administrators flagged their intention to appeal a recent judgment which has paved the way for a public examination of former director Colin Galbraith….
Hall Chadwick’s Cameron Shaw. Hall Chadwick’s Richard Albarran. Hall Chadwick duo Cameron Shaw and Richard Albarran recently sought the court’s urgent indulgence after discovering that a Deed of Company Arrangement (DoCA) in respect of CCS Equipment that they’ve been administering for more than a year was potentially invalid. In RE CCS Equipment Pty Ltd (Subject to Deed of Company Arrangement); ex parte Shaw [2019] WASC…
Worrells partner Simon Cathro. Brooke Bird’s Robyn Erskine. Apart from ASIC’s April 2019 Corporate Insolvency Update there’s been precious from the regulator in regards to the work of the Reviewing Liquidator’s (RevLiq) Panel, set up at the beginning of the year to give effect to the Insolvency Law Reform Act 2016 (ILRA 2016) reforms. iNO had hoped that would change this week after we sent…
Deloitte’s David Mansfield. There’s never a good time to be the bearer of bad tidings and yesterday it was David Mansfield learning from iNO of what seemed ill news. We contacted the Deloitte partner and registered trustee in bankruptcy after obtaining a copy of an application the ANZ Bank filed in the Federal Circuit Court way back in March of this year. The application seeks…
BBY liquidator Stephen Vaughan. The brain-contorting complexity of the BBY Limited liquidation is back on display after liquidators Stephen Vaughan and Ian Hall sought to retreat to a simpler regime for the recovery of costs. The simpler regime was first put in place in 2015 by Justice Paul Brereton, who has since fled to the Court of Appeal. At the time the regime was seen…
Living in Prague: Clamenz Lawyers’ Daniel Clarke. INO has republished this article because it has been brought to our attention that the previous version contains imputations that Veritas Advisory, and its directors, knowingly accepted an appointment of a company involved in a tax scam. In fact the Plutus Payroll Australia Pty Ltd appointment was not referred to Veritas Advisory by Mr Clarke or Clamnez Lawyers. …
Jirsch Sutherland partner Trent Devine. Image supplied by Jirsch Sutherland. As delegates milled around the hot food counters at the AIIP’s second annual conference in Canberra last Friday, Jirsch Sutherland partner Trent Devine was in Sydney, sitting down to lunch with nothing but an affidavit for company. Now it might be thought that an affidavit makes for a dull lunch bro. But Devine had just…
Lined up to replace Jirsch duo: SV Partners’ Ian Purchas. Trent Devine and Bradd Morelli are in for a fight this week, with the hearing of an application mounted by irate creditor to have the pair punted as liquidators of FW Projects commencing tomorrow. This matter has been heading for a showdown in the court for several weeks but it was only at a motions…
JUSTKapital founder Phil Kapp. The saga of former Corrs partner and JUSTKapital co-founder Philip Kapp does not stop with the latest instalment featuring a fight over the proceeds of sale of a holiday house. Kapp has already battled aggressive cancer with a blitzkrieg of experimental and expensive treatments; fallen out with the partners in his litigation funding venture and declared bankruptcy following a relentless pursuit by the…