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Liquidators

Corporates, Judgment, Lawyers, Liquidations, Liquidators, Litigation, Litigation Funding 11 April 2025

Liquidator’s win over secured lender overturned

Oracle Insolvency Services’ Nick Cooper. Three appeals court judges have reversed a decision which found that the grant of a mortgage to a lender by a company which was subsequently placed in liquidation was an unreasonable director-related transaction. The decision, delivered on Wednesday in CEG Direct Securities Pty Ltd v Cooper as liquidator of Runtong Investment and Development Pty Ltd (in liq) [2025] FCAFC 47,…

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Administrators, ATO, Directors, Judgment, Liquidators, Litigation, Litigation Funding, Receivers, Social/Professional 12 March 2025

Snowballing tax probe forces IPs out

Hall Chadwick’s Richard Albarran. BRI Ferrier’s Peter Krejci.Maybe it’s because they’ve been without funds but a recent judgment of the Federal Court has highlighted how important it is for insolvency practitioners to be in with the ATO.“They’re such fucking idiots, they haven’t even got the company where they hid all the money”. Sam Peter Cassaniti.As can be seen by recent developments Hall Chadwick‘s Richard Albarran…