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Land developer Tina Bazzo loses fight to keep liquidators’ examinations secret
Restructuring & Insolvency 2020-04-09 4:30 pm By Christine Caulfield

WA-based land developer Tina Bazzo and her partner Allen Caratti have failed in their challenge to a ruling that liquidators’ examinations should not be held […]

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Liquidator must personally pay litigation costs for ā€˜unreasonableā€™Ā behaviour, court says
Restructuring & Insolvency 2020-04-08 7:47 pm By Alison Eveleigh

A liquidator who ā€˜provoked litigationā€™ must personally pay the costs of the proceedings brought by a creditor of defunct company Azmac because of his ā€˜unreasonableā€™ […]

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Court orders winding up of Merlin Diamonds after ‘serious contraventions’ unearthed
Restructuring & Insolvency 2020-04-01 5:02 pm By Cat Fredenburgh

A judge has ordered that Joseph ‘Diamond Joe’ Gutnik’s Merlin Diamonds be wound up after the mining company’s provisional liquidators uncovered “serious contraventions” and a […]

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Judge says funder can’t have cut of Banksia receivers $5.5M settlement with insurer
Class Actions 2020-03-26 3:01 pm By Christine Caulfield

The litigation funder controlled by recently deceased class action lawyer Mark Elliott has lost its bid for a 12.5 per cent commission of a $5.5 […]

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Mark Elliott’s Blackberry found, judge orders search of phone for evidence in Banksia class action
Class Actions 2020-03-26 1:57 pm By Christine Caulfield

The hunt for the missing Blackberry of deceased class action lawyer and funder Mark Elliott is over, and the located phone will now be examined […]

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Insolvency relief not enough to hold back potential ‘tsunami’ of company failures
Restructuring & Insolvency 2020-03-24 12:55 pm By Christine Caulfield

Measures to relax insolvency and bankruptcy laws to stem a possible wave of COVID-19 company collapses will not achieve their goal — and if Australia […]

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‘One hearing and two interlocutory judgments have achieved precisely nothing’: Judge scolds parties in Parklea Market dispute
Real Estate 2020-03-23 6:23 pm By Miklos Bolza

A judge has criticised the parties in a land sale dispute over Sydney’s Parklea Markets for failing to make progress to bring the case to […]

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Coronavirus claims first retail victim as Tigerlily files for administration
Restructuring & Insolvency 2020-03-23 5:07 pm By Cat Fredenburgh

Australian swimwear retailer Tigerlily has filed for voluntary administration, citing unfavourable conditions for retailers as the coronavirus pandemic shutters all but non-essential services in major […]

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Insolvency, bankruptcy laws relaxed as government tries to keep businesses afloat
Restructuring & Insolvency 2020-03-22 9:11 pm By Christine Caulfield

Companies under financial strain from measures to stop the spread of the coronavirus will get a reprieve from insolvency and bankruptcy laws as the Federal […]

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Former Russells solicitor resolves case against firm
Employment 2020-03-20 9:45 pm By Cat Fredenburgh

A former Russells restructuring and insolvency lawyer has resolved a lawsuit alleging the firm tried to manufacture a reason to terminate his unemployment. The lawsuit […]

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