Liquidations

Deals & Departures, DIRRIs, FEG, Liquidations, Liquidators 20 June 2018

PPB takeover gives PwC’s Vickers convenient exit

Derrick Vicker’s troubled tenure as liquidator of the Ostwald Brothers construction group is set to come to end, with the PwC partner preparing to make way for John Park and Kelly Anne Trenfield of FTI Consulting on the basis – according to Vickers – of a potential conflict destined to emerge once PwC completes its acquisition of PPB Advisory (PPBA) on August 1. For Vickers,…

Judgment, Liquidations, Liquidators, Litigation Funding, Receivership 30 May 2018

Litigation funders reluctant while receivers rule

Availability of and access to litigation funders is one of the biggest challenges for liquidators and while funder numbers have swelled in recent years it doesn’t mean the dollars are easier to find. Liquidator Michael Hird has spent considerable time trying to attract a backer willing to underwrite examinations of some of the directors of the failed Allmine Group, a search outlined in convenient detail…

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Liquidations

PPB takeover gives PwC’s Vickers convenient exit

Liquidator forced to replead fraud allegations

Force Corp receiver saves PPB a packet

Worrells referrer admits to conduct failure

McKenna ousted by court after resisting creditors

Gauge of consent means joint need not be several

FH trio beset by foes as pot ‘o dollars grows

Concurrent appointment almost trips Worrells partner

Litigation funders reluctant while receivers rule