Preferences

Liquidator succeeds in $150k adverse costs appeal

Vincents’ Nick Combis. Vincents’ Nick Combis has been successful in appealing a decision of the District Court of Queensland requiring him to pay $150k in costs after he had sought to claw back more than $350,000 for creditors of Queensland Quarry Group. The ruling last week in Queensland Quarry Group Pty Ltd (in liq) & Anor v Cosgrove [2019] QCA 220 (18 October 2019) means…

Read More

PPBA steams as preference hold out opts for VA

SiN opens by apologising for the crime of coincidence which sees us writing about Jamieson Louttit for the second time this week. The coincidence can be explained by pointing to the small size of the Australian insolvency profession. Practitioners can’t help but cross paths on rival appointments and today’s tale doesn’t deal solely with the Pitt Street principal of Louttit & Associates. PPB Advisory’s (PPBA) Mark Robinson…