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Judgment, Liquidations, Liquidators, Litigation, Litigation Funding, Preferences 13 March 2020

Related party defendants fail in bid for exclusion

Grant Thornton’s David Hodgson. Grant Thornton’s Andrew Hewitt. Over in the sand groper state Grant Thornton’s David Hodgson and Andrew Hewitt have had some joy as they herd related-party creditors acting like aristocratic cats unwilling to mix with those common moggies in receipt of garden-variety preferences. In David Mark Hodgson as joint and several liquidators of Diploma Construction (WA) Pty Ltd (In LIQ) (Receivers and…

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ATO, Corporates, Deals & Departures, Liquidations, Litigation 27 September 2019

Liquidators win $20m settlement from Merhis Corp

AIIP president Stephen Hathway. Helm Advisory’s Phil Hosking. iNO hears that common sense and self-interest have prevailed to deliver a big win for liquidators Stephen Hathway and Phil Hosking, and that means a big win for unsecured creditors of multiple entities associated with the Merhis construction group. While official confirmation is pending, iNO can reveal that the people behind Merhis have agreed to pay around…