Moved to Chan Naylor? Jirsch Sutherland’s Liam Bellamy. The Melbourne cohort of the Jirsch Sutherland partnership could be in the market for a fresh liquidator after the departure of Liam Bellamy, who we are reliably informed has defected to Chan Naylor. Bellamy will join John Kukulovski, another ex-member of the Jirsch Melbourne office who according to the Chan Naylor website is the firm’s National Insolvency…
Pitcher Partners’ Roberto Crispino. Pitcher Partners Chris Parissis. Anonymous letters circulating, union cages rattling, staff seeing shrinks, experienced operators ousted and underlings elevated – just another day for the Melbourne branch of the ATO’s Significant Debt Management (SDM) Division it seems as INO uncorks this bottler of a yarn, the first sip of which blends the curious departure of SDM Director Aris Zafiriou with the…
McGrathNicol Partner Kathy Sozou. Image McGrathNicol. Arguments about who should administer the liquidation of FW Projects Pty Ltd concluded yesterday and it appears that McGrathNicol is front runner to replace Jirsch Sutherland should NSW Supreme Court Justice Ashley Black favour the plaintiff in this costly imbroglio. Last week INO reported that SV Partners’ Ian Purchas had provided the plaintiff, Hindmarsh Construction Australia (HCA), with a consent to…
Federal Court judge Michael Lee. They came in droves to the Hyatt Hotel in Canberra, at least 170, most of them registered liquidators and trustees in bankruptcy and all prepared to hear insights, exchange experiences and assemble in a collegiate and congenial environment for AIIP 2019. The conference – the second organised by the Association of Independent Insolvency Practitioners (AIIP) – was characterised by its…
Lined up to replace Jirsch duo: SV Partners’ Ian Purchas. Trent Devine and Bradd Morelli are in for a fight this week, with the hearing of an application mounted by irate creditor to have the pair punted as liquidators of FW Projects commencing tomorrow. This matter has been heading for a showdown in the court for several weeks but it was only at a motions…
Worrells’ Nick Cooper Hall Chadwick’s Brent Kijurina Just when you think you have the inside running, a rival emerges to make it a contest and that is what’s occurred in relation to troubled South Australian builder Unique Urban Built. As previously reported, incumbent liquidator Paul Jorgensen of PKF South Australia got himself into a spot of bother in relation to the timing of meetings and…
Liquidator Peter Macks. The corporate regulator and liquidator Peter Macks continue to skirmish ahead of a long delayed judicial inquiry into Macks’ conduct on liquidations commenced more than a decade ago. In the latest confrontation, a South Australian Supreme Court judge has refused ASIC’s bid to expand the scope of the proposed inquiry whilst simultaneously denying Macks’ application for a permanent stay. The detail is…
BPS Recovery’s Mitchell Ball. Liquidator Mitchell Ball has some tense weeks ahead following his referral to a schedule 2 disciplinary Committee by ASIC. According to a Form 986 attached to his entry on ASIC’s Professional Registers list, the BPS Recovery partner was issued with the referral in March this year. The Form 986 refers to alleged misconduct outlined in a show cause notice under three…
Swim Loops VA Glenn O’Kearney. Queensland practitioner Glenn O’Kearney appears to have been victim of unfortunate timing in relation to his 439A Report on Swim Loops Pty Ltd. The GT Advisory principal distributed his report to creditors on June 12, recommending that creditors accept a deed of company arrangement (DoCA) being proposed by his appointor, Swim Loops founder and director Ian Campbell. Unfortunately, earlier the…
KPMG Australia CEO Gary Wingrove. Having completed its acquisition of Ferrier Hodgson this week, KPMG is now home to more registered liquidators (RL) than any other firm. Based on the most recent ASIC data, the acquisition of Ferriers almost quadruples KPMG’s RL contingent, taking it from nine to 34 as of Monday when receptionists at what had been Ferriers offices started telling callers they had…