IT’S that time of year when bankruptcy trustees and those who work with them convene for Traill & Associates‘ annual National Practical Bankruptcy Congress, Workshops (and cocktail party). Organised by Rosie Traill, whose sister Kate was recently appointed to the bench as a Judge of the District Court, the two-day get-together of body snatchers focuses on practical issues facing trustees and their staff and advisors,…
IT’s early days but Sydney lawyer Paul Fordyce is planning to launch a restructured insolvency conference format that he thinks could blow rival events out of the water. The fact that he intends staging his conference in Hawaii won’t detract from its allure. Over a coffee this week Fordyce explained how the three-day event would canvass topics in a way radically different to the usual…
ARMSTRONG Wily principal Andrew Wily has confirmed he has surrendered his registration as a trustee in bankruptcy, blaming onerous regulation and meagre profits. “It’s been brewing for a while,” Wily told SiN when asked when he decided to give up his ticket. “It’s a process that will go on for months of winding down, that’s all,” he said. The Australian Financial Security Authority (AFSA), which regulates personal insolvency,…