ASIC has successfully prosecuted 75 individuals between September and December 2010 for various Corporations Act 2001 (the Corporations Act) offences including failing to assist external administrators. Continue reading
Tag Archives: Administrators
ASIC obtains orders from Melbourne-based liquidator
Melbourne-based liquidator, Paul Pattison, has voluntarily resigned from his company appointments following concerns by ASIC about his capacity to adequately and properly carry out his duties. 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
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
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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
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