Liquidators

Resource shortfall sees small practice lose a plumb

Chifley Advisory’s Gavin Moss. dVT Group partner Henry Kwok. Resource shortfalls can produce plenty of pain for small insolvency practice operators, as evidenced by the difficulties encountered recently by Chifley Advisory principal Gavin Moss. “Mr Moss believes Mr Kwok has access to additional resources in his new firm, especially forensic accountants in dVT Group’s forensic division, to assist . . . Restricted Content Dear Reader,…

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Liquidator loses $1.5 million security for costs fight

Olvera Advisors’ Michael Billingsley.A purportedly “strong case” hasn’t cut any ice for a Sydney liquidator seeking to avoid having to stump up $1.5 million in security for costs.As is revealed in Ceni Enterprises Pty Ltd (in liq) v Sykes, in the matter of Ceni Enterprises Pty Ltd (in liq) [2024] FCA 842 Federal Court judge Brigitte Markovic rejected the key argument of Olvera Advisors’ Michael…