Social/Professional

Pitcher Partners’ NSW Insolvency Division defects

Ex-Pitcher Partners’ Paul Weston. DW Advisorys Anthony Elkerton. Pitcher Partners NSW has been left temporarily without an insolvency capability after its entire team defected to DW Advisory. Speaking to iNO yesterday, outgoing Pitchers partner Paul Weston said after 10 years he was ready to move out of the mid-tier multi-disciplinary space into a boutique insolvency-focussed environment. “I love the game and I love the people…


Pre-insolvency advisor sentenced to 5 years

Pre-insolvency advisor Stephen Mark O’Neill. Image courtesy ABC. Notorious pre-insolvency advisor Stephen Mark O’Neill 54 of Port Melbourne – aka Steve Marks – has been sentenced today to five years gaol after last year pleading guilty to one count of dealing with proceeds of crime. The scheduled imprisonment was originally to take place yesterday but was adjourned for 24 hours yesterday morning so a judge…


Beirut or Bangkok? OBP’s conference conundrum

O’Brien Palmer’s Chris Palmer. O’Brien Palmer’s Liam Bailey. In times past the Lebanese capital of Beirut has been described as the Paris of the Middle East, but the political upheaval currently tarnishing this pearl of the Levant has thrown up curly questions for insolvency firm O’Brien Palmer (OBP). To Beirut or Bangkok is the conundrum OBP’s Chris Palmer, Liam Bailey and their colleagues must resolve…


Old mates, tax and Texans

Gavin Morton. There’s always potential for things to go a tad awry when your appointor’s an old mate and a tad awry is one way to describe how the liquidation of Screaming Eagle Pty Ltd’s panned out for Gavin Morton. Queensland-based Morton accepted an appointment as liquidator of the company in late 2016 from Screaming Eagle’s then director, Stuart Alan Dreves of Seaforth in Sydney….


Insolvency Rankings – the top liquidators

Mackay Goodwin’s Domenic Calabretta. Image Mackay Goodwin. Last week iNO published some highlights from Sivaa Consulting working with BTLawyers‘ insolvency rankings for the first half of 2019/2020. Today we’re going a little more in depth, putting names and numbers of appointments together to show the top 15 liquidators nationally. As reported Grant Thornton’s Said Jahani topped the rankings with around 120 appointments to his name…


BRI pair on the hook for Elevate wages

BRI Ferrier’s Geoff Granger. BRI Ferrier’s Geoff Grainger and Brian Silvia have been forced to pay an unindemnified wages bill for as much as $110,000 after they were dumped last year as administrators of Elevate (NSW) Pty Ltd.   In meeting Minutes obtained by iNO, Granger told Elevate (NSW)’s creditors on May 17, 2019 that there were no funds in the administration due to funds…


UPDATE! Insolvency Rankings – 1st half 2019/2020

Ralan Group boost: Grant Thornton’s Said Jahani. FTI Consulting’s Joanne Dunn. iNO had a stumble on Wednesday with some incomplete insolvency statistics but regrouped and today brings you the definitive breakdown for 1st half 2019/2020. Generously provided by Tony Sivaa of Sivaa Consulting, working with BTLawyers, the picture painted is familiar. Worrells is yet again front runner nationally with more than 450 appointments, including 314…


Even critics need liquidators

Hamilton Murphy’s Richard Rohrt. Menzies Advisory’s Michael Caspaney. One of the insolvency profession’s fiercest critics has seen fit to avail himself of the services of – you guessed it – a liquidator. Queensland-based John Goddard owns and operates Subbies United, a website whose raison d’être is to provide information and intelligence about builders and developers who may be nearing insolvency. Subbies United’s online resources are…



SV appointee’s lower fees repel William Buck pair

SV Partners’ Shumit Banerjee There’s nothing like a free plug from a judge and in this instance SV Partners is the beneficiary thanks to the Federal Court’s Jayne Jagot in Frisken, in the matter of Avant Garde Investments Pty Ltd v Cheema [2020] FCA 98. Justice Jagot was ruling on an application by Avant Garde Investments‘ receiver Daniel Frisken, who wanted the company wound up…