Official figures released by ASIC today reveal corporate insolvencies have risen 4.4% in the 2010-11 financial year to date. Continue reading
Tag Archives: liquidator
Director Penalty Notice Proposed changes
AAT upholds ASIC decision to refuse re-registration as a liquidator
The Administrative Appeals Tribunal (AAT) has upheld a decision by ASIC to refuse to re-register Mr Joseph Sleiman as a liquidator. Continue reading
Fincorp director imprisoned for dishonesty offences
Mr Eric Krecichwost, former Chairman and CEO of Fincorp Investments Limited, was sentenced today in the Parramatta District Court in relation to three offences against s184(2)(a) of the Corporations Act. The offences relate to the dishonest use of his position as a company director with the intention of gaining an advantage for himself and others. Continue reading
ASIC disqualifies director of 15 failed companies for 5 years
ASIC has disqualified Mr Ian Douglas Christiansen, of Fitzroy North, Victoria, from managing corporations for five years. Continue reading
Arrest and charges in Dollarforce investigation
Mr Clestus Weerappah, 46, of Oakleigh, Victoria, was today arrested and charged before the Melbourne Magistrates Court in connection with an investigation by ASIC into the collapse of the Dollarforce group of companies. Continue reading
ASIC prosecutes 75 company officers
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
Victorian company director sentenced to jail
A former company director has been sentenced in the Victorian County Court to an immediate term of imprisonment as a result of an investigation by ASIC. Continue reading
ASIC launches action to sink liquidator
THE corporate regulator has launched Victorian Supreme Court action to bar Melbourne-based liquidator Paul Pattison from practising after his own firm sank into liquidation last year. Continue reading
Businessman to plead guilty to Ponzi scheme that fleeced unwary of $70m
GRAEME HOY, the flamboyant businessman who developed a penchant for fine food, luxury cars and other people’s money, is expected to plead guilty to charges arising from the 2008 collapse of the Chartwell Enterprises group. Continue reading
CRS Warner Kugel trading as The Insolvency Experts © 2011. All rights reserved