Ex-administrators encountering potholes

potholes
Hall Chadwick
partner Blair Pleash.
administrators
Hall Chadwick’s
Richard Albarran.

Some of Hall Chadwick’s finest have encountered potholes recently in their regular transit through insolvency’s rougher reaches.

iNO’s readers may recall our reports of two separate appointments from which Hall Chadwick partners were separated from the fee teat by court orders, wielded machete-like by judges unconvinced by evidence served up to justify the administrators’ installation.

In the case of 25 year HC veteran Blair Pleash, the pothole is of uncertain depth, given he is if nothing else out of pocket on work done following his December 6 appointment as administrator of Jubilee Instrastructure Pty Ltd.

His appointment as administrator had come about via a referral from iLend Capital Pty Ltd, which he described in his DIRRI as a secured creditor.

10 days later Pleash had been removed by order of Federal Court judge Elizabeth Cheeseman.

While he wasn’t ordered to pay the costs of those who had him removed, the matter didn’t end there.

The parties were ordered to a mediation. That concluded last month without peace breaking out. This week her honour made orders in preparation for a hearing in May.

Pleash is listed as one of several defendants and barring some kind of settlement the aggrieved Jubilee directors who had him removed will get their chance to demonstrate the depth of this inconvenient and potentially costly divot.

administrators
Marcus Watters of
Hall Chadwick.

Pleash’s tribulations follow orders made in Surpeme court of Queensland in November last year whereby Hall Chadwick partners Marcus Watters, Richard Albarran and Brent Kijurina were removed as administrators of Jin Resources and, along with their appointor, lawyer David Purcell‘s Litigation Funding Solutions (LFS), ordered to pay Jin’s costs, which are unlikely to be less than $300,000.

administrators
Hall Chadwick’s
Brent Kijurina.

We understand Jin has also taken note of comments made at the time by Supreme Court of Queensland judge Tom Bradley suggesting that the invalid appointment of the Hall Chadwick trio may have created a liability for damages, so this particular pothole might also be of uncertain depth.

Further reading:

Court Ousts Administrator

Administrators Ousted After Security Ruled Invalid

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