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Ex-PPB Advisory liquidator suspended for pilfering $800k
Restructuring & Insolvency 2019-02-27 4:35 pm By Cat Fredenburgh

A former PPB Advisory liquidator has had his licence suspended after a disciplinary committee found he acted dishonestly in transferring $800,000 from the account of […]

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Clive Palmer loses appeal of order freezing $200M in assets in Queensland Nickel case
Restructuring & Insolvency 2019-02-25 10:10 pm By Christine Caulfield

Clive Palmer has lost a bid to overturn an order freezing more than $200 million in his personal assets in a case brought by the […]

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Judge orders recalculation of ‘excessive’ $5.8M bill by liquidators of SK Foods unit
Restructuring & Insolvency 2019-02-14 10:02 pm By Christine Caulfield

A $5.8 million bill for four years’ work by the liquidators of SK Foods unit Cedenco has been criticised by a judge as “outside the […]

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AIG appeals ruling in Kaboko Mining D&O coverage dispute
Insurance 2019-01-30 3:43 pm By Christine Caulfield

AIG Australia has appealed a decision that found it is liable for covering four former directors facing a lawsuit by collapsed Kaboko Mining after a […]

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Judge waives opt out notice in HIH Insurance class actions
Restructuring & Insolvency 2019-01-09 11:41 pm By Cat Fredenburgh

A judge has dispensed with the opt out notice requirement in two class actions filed in administration proceedings related to the spectacular collapse of HIH […]

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Art collectors won’t get their day in court against failed auction house Mossgreen
Restructuring & Insolvency 2018-11-28 3:22 pm By Cat Fredenburgh

The judge overseeing the complex liquidation of failed auction house Mossgreen has denied leave to proceed to vendors who received nothing from the sale of […]

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ASIC seeks provisional liquidators for Chinese bottled water co.
Restructuring & Insolvency 2018-11-26 10:44 am By Cat Fredenburgh

ASIC wants provisional liquidators appointed to Chinese bottled water supplier Tianmei Beverage to determine whether the company has breached the Corporations Act and should be […]

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Engineering firm RCR Tomlinson appoints administrators
Restructuring & Insolvency 2018-11-22 11:00 pm By Cat Fredenburgh

Engineering and infrastructure firm RCR Tomlinson has been put into administration, a few days after being hit with a shareholder class action over $57 million in […]

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Accountant lied to conceal Centaur Ponzi scheme, court hears
Restructuring & Insolvency 2018-11-19 10:02 pm By Miklos Bolza

The accountant and best friend of fraudster Scott Williams “prevaricated and lied” to hide his knowledge of the Centaur Litigation Ponzi scheme that misappropriated $32 […]

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Starcom liquidator’s case against directors to move forward
Restructuring & Insolvency 2018-11-15 3:31 pm By Cat Fredenburgh

The former directors of Starcom have lost their bid to stay proceedings brought by the company’s liquidator alleging they knew the IT solutions provider was […]

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