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Embattled ex-Quintis boss loses $13.3M sandalwood plantation loan dispute
Restructuring & Insolvency July 8, 2019 4:22 pm By Miklos Bolza

Frank Wilson, solicitor and founder of failed sandalwood producer Quintis, has been ordered by a court to repay a $13.3 million loan used to invest […]

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Ex-James Estate Wines boss ‘manufactured’ evidence in $14M dispute with ANZ, court says
Restructuring & Insolvency July 5, 2019 5:24 pm By Amelia Birnie

A judge has dismissed failed winemaker David James’ latest bid to overturn a $14 million guarantor judgment against him and in favour of ANZ, saying […]

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Keybridge Capital sues collapsed subsidiary for credit law breaches
Financial Services July 5, 2019 1:11 pm By Miklos Bolza

Failed lender PR Finance Group has been sued for $5 million in damages by owner Keybridge Capital and its liquidators after the company went under […]

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Debt-laden fintech Squirrel can’t block receiver appointment
Restructuring & Insolvency July 2, 2019 9:17 pm By Amelia Birnie

A judge has refused to grant an injunction stopping the appointment of receivers to Australian cloud-based superannuation fund manager Squirrel Ltd, describing the company’s financial […]

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Troubled Melbourne property developer Steller goes into receivership
Restructuring & Insolvency July 2, 2019 8:07 pm By Miklos Bolza

Melbourne property developer Steller has been put into receivership, a dramatic collapse for a firm that once boasted a pipeline of $4.2 billion worth of […]

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Equititrust settlement with KPMG approved after no objections to funder taking all
Restructuring & Insolvency June 28, 2019 9:04 pm By Amelia Birnie

A court has approved a settlement between the liquidators of failed fund manager Equititrust and auditor KPMG, after not a single objection was raised by […]

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Clive Palmer’s co. faces setback in winding up battle over Queensland time-share scheme
Restructuring & Insolvency June 25, 2019 4:54 pm By Amelia Birnie

A judge has refused to separately hear an application by a Clive Palmer-controlled company to wind up a time-share scheme at Queensland’s Palmer Coolum Resort, […]

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Funder takes all in Equititrust settlement with KPMG, creditors get nothing
Restructuring & Insolvency June 20, 2019 9:10 pm By Miklos Bolza

The approval of a settlement between the liquidators of failed fund manager Equititrust and auditor KPMG has been postponed to allow time to notify creditors […]

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Ex-James Estate Wines boss takes another shot at ANZ in $14M dispute
Restructuring & Insolvency June 20, 2019 9:27 pm By Amelia Birnie

Failed winemaker David James has launched a fresh bid to overturn a $14 million judgment for ANZ against him, telling a court he is still […]

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Employees are priority creditors of insolvent trading trustees, High Court rules
Appeals June 20, 2019 9:08 pm By Miklos Bolza

The High Court of Australia has resolved a nearly 40-year old question of whether employees of a failed company established as trustee of a trading […]

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