SPA

Administrators, ASIC, Conduct, Conflict, Creditors, Deed Administrators, Independence, Litigation, Restructuring, SPA, VA's & DoCA's 17 October 2025

Cash sweep dispute enrages creditors’ trust beneficiary

FTI Consulting’s Kate Warwick. No quarterly cash sweep means no happy beneficiaries of the Wiluna Mining Company Limited (WMCL) creditors’ trust and there’s no beneficiary less happy than ex-WMCL chairman Milan Jerkovic. “Mr Ryan, Ms Warwick, Mr Francis, and Mr Woodhouse both in their capacities as deed administrators and trustees despite requests being made have failed to provide information about, amongst other things, the way…