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Litigation Funding

ATO, Corporates, Judgment, Liquidators, Litigation, Litigation Funding, Public Examinations 11 December 2024

Improper purpose argument fails to derail examinations

BRI Ferrier’s Peter Krejci. A liquidator being funded by the Commissioner of Taxation (CoT) has defeated an attempt to derail public examinations by respondents who argued that the liquidator’s true purpose was to investigate their tax affairs as opposed to the relevant companies’ examinable affairs.“I do not accept that there was an arguable case as to an improper purpose based on the various inferences that the applicants invited me…

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Administrators, Corporates, Creditors, Directors, Liquidators, Litigation, Litigation Funding, Referrers, VA's & DoCA's 15 December 2023

Dissatisfied directors try again with Hall Chadwick

Aston Chace’s Ian Niccol. Hall Chadwick’s Richard Albarran. When directors don’t get their preferred external administrator, the unwanted incumbent can anticipate consequences.When that company has a toe on a supposedly rich gold deposit then the unwanted appointee can expect those consequences to manifest swiftly, as Sydney insolvency practitioner Ian Niccol recently discovered.The Aston Chase principal was installed by the courts as liquidator of Rio Dorado…