Trustee resigned before committee hearing

Peter Dinoris resigned due to poor heath
Peter Dinoris: resigned before disciplinary hearing

Queensland practitioner Peter Dinoris, who had been due to face a disciplinary committee, has resigned as a trustee in bankruptcy on health grounds according to a statement by the Australian Financial Security Authority (AFSA) this week.

“On Monday 17 June 2019, having received evidence concerning the health of Mr Peter Dinoris, the Inspector-General accepted Mr Dinoris’ voluntary resignation as a registered trustee in bankruptcy,” AFSA said.

“Accordingly the disciplinary proceedings against Mr Dinoris will now be discontinued. Mr Dinoris’ estate administrations will be transferred to the Official Trustee,” AFSA concluded.

Dinoris has had issues with the regulators since his appointment as liquidator of Asden Developments, his conduct of which attracted significant criticism from the courts.

In March this year INO reported earlier this year that Dinoris had transferred a substantial portion of his work to McLeod Partners.

In May we speculated that his departure was imminent.

Given he has now cited health issues for being unable to continue as a trustee, it might be expected that ASIC will seek information in regards to his continuing registration as a liquidator, which at this point remains valid. Please take a moment to support INO’s continued chronicling of the insolvency profession.

Further reading:

Queensland Trustee Offloading Files

Judge Clouts Dinoris Over Duties

Is Queensland Trustee’s Ticket On The Line?

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.

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