PIAs

Ex-Adgemis trustees issued with show cause

WLP Restructuring Scott Pascoe. WLP Restructuring partner Ben Ho. The former controlling trustees of bankrupt deal maker Jon Adgemis could be stripped of their registrations after being issued with show cause notices by the Inspector General in Bankruptcy (IGB). “The Australian Financial Security Authority (AFSA), led by the Inspector‑General in Bankruptcy, has issued show cause notices to a number of registered trustees regarding concerns about…

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Pascoe and Ho blink on IGB’s Adgemis concerns

WLP Restructuring’s Scott Pascoe. WLP Restructuring partner Ben Ho. WLP Restructuring’s Scott Pascoe and Ben Ho are expected to adjourn this morning’s meeting of creditors of besieged pub czar Jon Adgemis for at least a month after being issued with a Direction to do so by the Inspector General in Bankruptcy (IGB). “Despite the Inspector-General confirming the need for further investigation and additional information for…