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Jirsch pair fighting to keep Freshwater plum

Jirsch Sutherland managing partner Bradd Morelli. Image: Linked In. Bradd Morelli and Trent Devine may be facing a fight to maintain control of the potentially lucrative liquidation of FW Projects Pty Ltd after a creditor commenced action in the NSW Supreme court that could lead to the Jirsch Sutherland partners being either replaced or sidelined by an SPL (Special Purpose Liquidator). The court heard yesterday…

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Majella Capital DoCA proponents defeated

Hall Chadwick’s aspirations to administer deeds of company arrangement (DoCAs) over the Majella group have been incinerated, with the creditors most critically burned by the property group’s implosion pairing up to vote down resolutions that would’ve seen a meeting adjourned so as to allow time for the issues impeding the DoCAs to be removed. Instead, Glenn Shannon, Richard Albarran and David Ingram must content themselves with…