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Voidable Transactions

Conflict, Creditors, Independence, Lawyers, Liquidators, Litigation, Preferences, ProvLiqs, Receivers, Voidable Transactions 19 April 2024

Court hears KM trio can’t be DCA ProvLiqs

KordaMentha’s Scott Langdon. KordaMentha partner Jennifer Nettleton. The Federal Court has heard that three KordaMentha partners are in breach of the Corporations Act (The Act) because they consented to be appointed as provisional liquidators (ProvLiqs) of companies, the property of which they already controlled as receiver managers. Acting for a group of investor/creditors of DCA Capital Pty Ltd . . . Restricted Content Dear Reader,…

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ASIC, Directors, Liquidations, Liquidators, Public Examinations, Referrers, Social/Professional, Voidable Transactions 27 August 2021

Liquidator to examine referrer

Morton + Lee Insolvency’s Gavin Morton. There must always be a little more spice attaching to a public examination for both liquidator and examinee when the latter was the former’s referrer. A little more relish too perhaps. Following receipt of the summons to appear the referrer may well have thought: ‘Well don’t expect any more work from us old bean’, or words to that effect….