Steve Kugel of The Insolvency Experts. CRS Warner principal Anthony Warner The agonies attending when a partnership split is endlessly litigated have been on full display in this saga of friendship lost and the latest judgment in the case represents another unwelcome suppository for the liquidator on the losing end. As iNO’s previously reported, liquidators and former friends Steve Kugel and Anthony Warner have been…
de Jonge Read founder and executive director Henry ‘Hank’ de Jonge. When a prominent pre-insolvency advisor, in the midst of surging levels of external administration, calls in liquidators iNO cannot look away because in all likelihood, there’s bound to be something to see. In this instance it’s Henry “Hank” de Jonge and Ashley Shield, those well known providores of “Pre-Insolvency advice you can trust” from…
Federal Circuit and Family Court judge Sophie Given. AIIP President Shabnam Amirbeaggi. Insolvency practitioner and AIIP president Shabnam Amirbeaggi would have been relieved last week that it wasn’t her lawyers who recently attracted the ire of Federal Circuit judge Sophie Given. As trustee in bankruptcy of one Maureen Billiau, Amirbeaggi has been frustrated in her efforts to realise estate property and so she went to…
Hall Chadwick’s Richard Albarran. Etienne Lawyers Steven Brown. A judge of the NSW Supreme Court yesterday delivered the coup de grace to long standing allegations of dishonesty and breaches of duty by a lawyers and a liquidator, thus bringing to an end a saga that’s hung over the heads of certain Hall Chadwick Sydney members past and present since 2006. “Mr Salmon is plainly aggrieved…
DV Recovery Management’s Daniel O’Brien. Oracle Insolvency Services’ Nick Cooper. With the fate of $20 million in a solicitor’s trust account uncertain and three sets of insolvency practitioners on the clock, who could fault any for contemplating liens? Certainly not iNO, who was roused from inattention during last Monday’s Corporation Lists in the NSW Supreme Court by barrister Ingrid King telling Justice Ashley Black that…
WA Insolvency Solutions’ Greg Prout. WA Insolvency Solutions’ Jimmy Trpcevski. The moral of this particular tale is that if you want a judge to approve your application to significantly extend the convening period, don’t starve them of detail. “It must be understood that requests for extensions of the convening period under s 439A are not simply available for the asking.” Supreme Court of West Australia…
Jill Stewart, Professional & Financial Lines leader – Willis Towers Watson After more than 30 years Willis Towers Watson (WTW) has seemingly concluded that it can no longer make a buck offering insurance to businesses that have been placed in external administration. Earlier this month the global insurance behemoth acted on that conclusion by shutting Open Cover, its popular automatic insurance facility for entities placed…
Ex-KordaMentha partner Rahul Goyal. Top tier independent KordaMentha has lost a work winner with the departure of senior partner Rahul Goyal. For several weeks the insolvency grape vine has hummed with whispers about a potential move and Goyal confirmed the rumours through his Linked In page, which lists his 10 years and one month at KordaMentha as ending in September 2023. KordaMentha staff were informed…
Cor Cordis’s Jeremy Nipps. What’s the world come to when a dispenser of justice prefers the evidence of a recruitment consultant over that of a registered liquidator? End of times is what. Probity. Integrity. Acting at times as officers of the court. Liquidators are rightly held to a high standard. The reputation of recruitment consultants meanwhile has journalists and lawyers hastening to stand by their…
Hall Chadwick’s Richard Albarran. Barrister Geoff McDonald. Richard Albarran wasn’t going to let being a defendant in a marathon legal battle get in the way of attending this year’s INSOL event, particularly when the conference’s location in Tokyo meant that the Hall Chadwick Sydney partner would be in a convenient time zone when it came time to be questioned. That turn came yesterday when the…