Liquidations

Familiar old foes behind new HIH claim

Tony McGrath. Jason Preston. If nothing else the last few months have shown that there’s still enough cash left in HIH to attract those adept at throttling a profit from a corporate corpse. This week iNO listened as lawyers for class action plaintiffs came before NSW Supreme Court judge Ashley Black to progress a new claim against HIH for misleading and deceptive conduct. The shareholder…

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Wily where art thou? Ex-liquidator forfeits cash

Ex-liquidator Andrew Wily (C) exiting the NSW Supreme Court. The problem with retiring to enjoy the fruits of a life’s labours as ex-liquidator Andrew Wily has done is that sometimes you forget about some of the fruit. Back in 1999 Wily was appointed liquidator of a thing called Liquid Vision. “In a sense, Mr Wily has also ceased to exist, at least in his capacity…