Tag Archives: administrator
TURKALERT: How an Unsecured Creditor went to the Front of the Queue in a Bankruptcy
Summary: A creditor who is prepared to assist a trustee in bankruptcy with an indemnity for costs, can be rewarded by receiving a dividend in priority to all other creditors. Continue reading
Important Changes to Director Penalty Notices (“DPN”)
From 1 July 2010, there have been some extremely important changes in respect of Director Penalty Notices (“DPN”) that you (and your clients) need to know: Continue reading
Liquidator (Stuart Ariff) banned for life
On 18 August 2009, Mr Stuart Ariff, an official liquidator from Newcastle, New South Wales, was found to be unfit to be an official or registered liquidator and prohibited from holding the office of liquidator, provisional liquidator, voluntary administrator, administrator of a deed of company arrangement or controller, for life. Continue reading
Sydney liquidator’s registration suspended
Following an application by ASIC, the Administrative Appeals Tribunal (AAT) suspended Mr Geoffrey McDonald’s registration as a liquidator for two years after finding he failed to carry out or perform adequately and properly his duties as a liquidator under s1292 of the Act. Continue reading
Are you a Director? Have you moved lately? Update your residential address on the ASIC register – or else!!
Company directors MUST ensure their residential address details are kept up to date on the ASIC register. Continue reading
ABC Learning traded while insolvent
CHILDCARE giant ABC Learning Centres traded while insolvent for at least five months in 2008, its administrators have determined in preliminary findings. Continue reading
ASIC commences proceedings against Stuart Ariff
Reply
The Australian Securities and Investments Commission (ASIC) has commenced proceedings in the Supreme Court of New South Wales against Mr Stuart Ariff, of Newcastle, New South Wales. Continue reading
CRS Warner Kugel trading as The Insolvency Experts 2011. All rights reserved