Liquidator of Obeid family Quay holes forced to settle

RSM's Frank Lo Pilato.

RSM partner Frank Lo Pilato has had to take a haircut on his fees and expenses on the liquidation of Circular Quay Restaurants Pty Limited after an absence of funders forced him to settle on pauper's terms with the family of corrupt former Labor politician Eddie Obeid.

As was revealed in the NSW Supreme Court on Monday, Pilato

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