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Arrium liquidators can’t stop shareholders from grilling exec for possible class action
Restructuring & Insolvency 2019-11-20 11:48 pm By Christine Caulfield

Shareholders of collapsed steel and mining giant Arrium have won the OK to question a one-time director over possible class action claims that former officers […]

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Multiplex wants Hastie liquidators to pay up for betting on set-off limitation
Restructuring & Insolvency 2019-11-15 10:33 pm By Christine Caulfield

Multiplex is calling for the liquidators of collapsed engineering services group Hastie to pay its costs, and pay now, for pursuing an action to recover […]

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Worrells backs partner targeted by ‘unexpected’ ASIC action
Restructuring & Insolvency 2019-11-14 10:25 pm By Christine Caulfield

Insolvency firm Worrells has come out in support of partner Jason Bettles, who is facing an investigation by the corporate regulator for his work as […]

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ASIC wants to probe Worrells liquidator over winding up of Members Alliance Group
Restructuring & Insolvency 2019-11-13 3:45 pm By Miklos Bolza

The Australian Securities and Investments Commission wants to investigate the conduct of a Worrells partner in relation to the winding up of Members Alliance Group, […]

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Cap Coast Telecoms pre-insolvency advisor gets jail time for money laundering
Restructuring & Insolvency 2019-11-13 2:48 pm By Cat Fredenburgh

A former pre-insolvency advisor has been sentenced to four and half years in prison for siphoning money from defunct Telstra dealer Cap Coast Telecoms prior […]

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Forge liquidators investigate potential case against auditors KPMG
Restructuring & Insolvency 2019-11-12 8:31 pm By Miklos Bolza

Two special purpose liquidators appointed to collapsed engineering and construction company Forge Group are investigating a potential lawsuit against KPMG, which audited the doomed business […]

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Merlin Diamond creditors seek to shield rights over assets as liquidation looms
Restructuring & Insolvency 2019-11-11 5:23 pm By Miklos Bolza

A group of unsecured creditors of ‘Diamond Joe’ Gutnik’s mining firm Merlin Diamonds has launched a NSW Supreme Court bid to preserve their rights over […]

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Vocation class action lumbers on with pared claims
Class Actions 2019-11-11 4:02 pm By Cat Fredenburgh

Certain claims in a shareholder class action against insolvent training company Vocation and auditor PricewaterhouseCoopers have been dropped, as the long-running case awaits a new […]

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Liquidator cops 10-year ban in landmark ATO case
Restructuring & Insolvency 2019-11-07 10:51 pm By Christine Caulfield

Sydney-based liquidator David Iannuzzi has been disqualified from serving as an insolvency practitioner for 10 years, in the first case brought by the Australian Tax […]

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Judge sends HIH Insurance legal fee fight back to the drawing board
Restructuring & Insolvency 2019-11-07 10:22 pm By Miklos Bolza

A NSW Supreme Court judge has raised concerns about a dispute over fees owed to two law firms and a funder in relation to four […]

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