Mackay Goodwin’s Domenic Calabretta looks to have failed in his efforts to dissuade the FEG police from removing him as liquidator of Condura Pty Ltd. Last week the Federal Court heard the commencement of an application by the Commonwealth seeking to have Ferrier Hodgson’s Robyn Duggan replace Calabretta on the controversial appointment, which began on December 6, 2017 when Calabretta was appointed via a members…
Amanda Young. Suspended liquidator Amanda Young-Arnautovic has lodged a claim against Jirsch Sutherland in the Fair Work Commission (FWC) after the insolvency firm terminated her employment before Christmas amid allegations of fraud. Insolvency News Online (INO) has learned that Young-Arnautovic is making the claim under the Fair Work Act’s general protections provision which relate to workplace rights, broadly described as employment entitlements and the freedom to exercise and enforce those…
It’s difficult to ignore the potential for ideological friction and perceptions of conflict in the upheaval around 1st Fleet Group. The lengthy exad, that’s seen the appointees generate $4.443 million in fees as at July 2018, has so far returned $555,575.00 to the Commonwealth, which paid employees $9.444 million through the Fair Entitlements Guarantee Scheme (FEG). Now consider if you will 1st Fleet’s Committee of Inspection…
Jirsch Sutherland partner Sule Arnautovic will be replaced as liquidator of the St Gregory’s Armenian School after Insolvency News Online revealed it was one of four entities allegedly looted by Arnautovic’s sister and former Jirsch partner Amanda Young, who was sacked by the national insolvency firm late last year. Last Friday in the NSW Supreme Court Justice Stephen Robb ordered that Grant Thornton’s John McInerney and Philip…
Jirsch Sutherland partner Amanda Young has been sacked after allegedly stealing almost $240,000 from the accounts of insolvent companies she controlled as liquidator. In a statement to Insolvency News Online (INO) late yesterday Jirsch Sutherland managing partner Bradd Morelli said that following undertakings Young provided to the NSW Supreme Court: “Amanda Young’s employment at Jirsch Sutherland has since been summarily terminated.” She had also lodged with…
SV Partners’ Darren Vardy and Jason Porter have been stung by an adverse judgement that could require them to find at least $200,000 without recourse to the assets of SPC & Co Pty Ltd, the company to which they were appointed liquidators via CVL in August 2017. Much of the detail in this protracted fight for fees by barrister Ventry Gray can be gleaned from the judgment…
Jirsch Sutherland partner Amanda Young has been suspended as authorities investigate an alleged fraud. In a statement to Insolvency News Online yesterday Jirsch Sutherland managing partner Bradd Morelli confirmed an employee had been stood down and an external investigation was underway. “Jirsch Sutherland has identified a case of possible fraud by an individual employee and has taken immediate action to investigate and report the matter,” Morelli said….
Gigalitres of litigation have passed beneath the bridge since the directors of the troubled Walton Constructions Group were referred to the National Australia Bank’s (NAB) preferred troupe of external restructurers back in 2013. In awarding the liquidators of Walton Construction (Qld) Pty Ltd a tidy sum and unwinding one of the most controversial of the various transactions that characterised the Mawson Group’s byzantine plan yesterday, Federal Court judge Roger Derrington has…
Cor Cordis partners Ozem Kassem and Jason Tang have had the fees they generated as administrators of Attack Engineering Pty Ltd lopped following objections by Steve Nicols, who replaced them when the company was wound up. Kassem and Tang were appointed administrators of the Coffs Harbour-based firm on August 29, 2017 after receiving a referral from Shine Lawyers’ James Hulbert. That appointment followed winding up proceedings initiated by the Australian…
Now that a bid for permanent stay has been dismissed and the appointment of a suitable expert to determine the date of insolvency or otherwise is imminent, INO thought it appropriate to revisit the Starcom saga. Readers may recall that we first delved into this ageing administration in June this year in Lost Records An Obstacle For Pitchers’ Partner. That was when Starcom’s chief executive officer (CEO) Jega Muttucumaru…