The year has ended on a potentially awkward note for Hall Chadwick partner Blair Pleash after a court last week ordered an end to the administration of Jubilee Infrastructure Pty Ltd.
Pleash, who flies the flag regularly for Hall Chadwick in Queensland, was appointed administrator of Jubilee on December 6.
By December 9 one of the directors of the company had filed an originating process in the Federal Court and by the 16th Pleash’s tenure was ended and the company’s administration or “purported administration” brought to an end.
Although there are no reasons published iNO’s mail is that the security upon which the purported event of default and Pleash’s appointment was based didn’t withstand judicial scrutiny.
While questions to referrer and appointor iLend Capital Pty Ltd went unanswered, the court is likely to shed more light on the matter in the course of determining the plaintiff director’s application for a special costs order.
In addition to ending the administration the judge ordered the parties to attend a mediation before February 10, 2023.
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