Litigation

Court hears KM trio can’t be DCA ProvLiqs

KordaMentha’s Scott Langdon. KordaMentha partner Jennifer Nettleton. The Federal Court has heard that three KordaMentha partners are in breach of the Corporations Act (The Act) because they consented to be appointed as provisional liquidators (ProvLiqs) of companies, the property of which they already controlled as receiver managers. Acting for a group of investor/creditors of DCA Capital Pty Ltd . . . Restricted Content Dear Reader,…

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Liquidator deserves favour from predecessor

Aston Chace Group partner Ian Niccol. Levi Consulting’s David Levi. Using your casting vote to overcome opposition to the payment of your predecessor’s fees ought to earn a liquidator something, right? In the case of Ian Niccol, that something might be a placatory word from his predecessor in the ear of a certain director who’s given Niccol hell ever since he was appointed liquidator of…