Jirsch anoints new partners amidst ASIC investigation

James "Jimmy T" Trpcevski and Malcolm Howell. Image courtesy Jirsch Sutherland.
New Jirsch equity partner Chris Baskerville
Chris Baskerville, one of two new equity partners at Jirsch Sutherland.

It might not be a response to the recent travails within Jirsch Sutherland’s NSW practice but the announcement of new partners is probably just the tonic to boost flagging morale.

Jirsch’s Sydney HQ has been the subject of intense scrutiny since December last year when partner and registered liquidator Amanda Young was sacked amid allegations of misappropriation.

Most recently INO reported that ASIC had engaged specialist forensic accountants from PwC to be installed in Jirsch’s Sydney office to audit files associated with Young’s matters prior to her termination.

Young has yet to comment publicly on the allegations and iNO makes no suggestion of wrongdoing.

Yesterday however the office was an altogether happier place as the firm announced that Perth-based Jimmy “Jimmy T” Trpcevski and Brisbane-based Chris Baskerville had become equity partners, bringing the national total to nine.

“Jimmy and Chris are experienced trustees and liquidators who each have enormous experience working on corporate and personal insolvency matters,” National Managing Partner Bradd Morelli said in a statement

“We’re delighted to welcome them both as Jirsch Sutherland’s newest equity Partners during this exciting growth phase for the firm.”

Trpcevski, who works in Jirsch Sutherland’s WA division, WA Insolvency Solutions, has over 15 years’ experience dealing with all types of corporate and personal insolvencies.

He has been appointed external Administrator of a number of complex cases including Mias Bakery Pty Ltd (Perth bakery), Scarborough Beach Bar (Perth bar/restaurant), Driconeq Australia Pty Ltd (drill manufacturing) and Eastern Guruma Pty Ltd (indigenous labour hire and civil construction group).

“Working as an insolvency practitioner is incredibly rewarding when you provide the right advice that’s tailored to the specific situation and ensuring everyone – from stakeholders to referrers – is well informed before they make the ultimate decision on their financial future,” Trpcevski said.

Baskerville has 15 years’ experience working with companies, corporations and organisations of all sizes – from single-director businesses, SMEs with less than five employees, multi-company groups, to large, mid and small companies.

Previous engagements include being appointed Administrator and Deed Administrator of Rubicor Group Limited (labour hire and recruitment) and liquidator of Metro Builders (construction).

“The joy I get is helping companies avoid liquidation and individuals avoid bankruptcy,” says Baskerville.

“These people put their financial future in your hand, and it’s an incredible feeling to help steer them in the right direction.”

Morelli said the appointments were a testament to Jirsch’s staff development and succession strategies.

“We really are thrilled that Chris and Jimmy envision their future with Jirsch Sutherland,” Morelli said.

“It’s wonderful to see great home-grown talent coming through the ranks.” Please take a moment to support INO’s continued chronicling of the insolvency profession.

Further reading:

PwC Trawls Jirsch Files In Fraud Aftermath

About the Author

Peter Gosnell
Insolvency News Online illuminates the practice of insolvency Australia-wide, highlighting the triumphs and travails of the nation’s registered practitioners and the accounting and legal professionals who work with them. INO is produced by Peter Gosnell, former business editor and senior business reporter at The Daily Telegraph newspaper. During a decade-long career, your correspondent reported on such notable corporate collapses as HIH, One.Tel, Westpoint and Fincorp as well as some of the nation's highest profile bankruptcies and the investigations and prosecutions arising from Australia's most notorious instances of white-collar crime.

1 Comment on "Jirsch anoints new partners amidst ASIC investigation"

  1. This is a good news story. I guess we can say congratulations and good luck.

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