Deals & Departures

Comment: Flock of DoCAs to enable Arrium deal

Korda Mentha and its legal advisors will need all their combined knowledge and skill when designing the framework for the flock of Deeds of Company Arrangement (DoCAs) needed to facilitate Arrium Mining and Materials’ eventual sale. Whilst secrecy around the pre-sale process is tighter than that shrouding the Australian submarine contract, SiN hears some details released to registered interests have found their way to a major masthead….


Arrium administrators axe Edler

You know a voluntary administration (VA) is progressing – hopefully in the direction intended – when the company secretary is no longer needed. At least that’s how Arrium’s VAs from Korda Mentha are spinning the departure of Mark Edler, with a spokesman confirming yesterday that there is: “No need to replace (the company secretary) at this stage of the process …. the sales campaign is…


Campbell drawn back to Deloitte days

Reconstruction guru Chris Campbell is being forced to revisit his past as a partner at Deloitte thanks to the bullish determination of creditor denied Garry Hopper (pictured), who on Monday returned for another crack via the Supreme Court of Appeal. The ex-MF Global Australia (MFGA) trader has been waging a legal battle against Campbell and his former Deloitte colleagues David Lombe and Vaughan Strawbridge since October…


A Brisbane liquidator has had a torrid time broking a loan for a Sydney property devloper

Ex-FTI star clashes with Mehajer

Times have changed for Ginette Dawn Muller. The one-time insolvency director at FTI Consulting has diversified with her own GM brand and in recent times has been organising loans for property luminaries including Salim Mehajer, the controversial Sydney developer whose role as deputy mayor of Auburn Council is in limbo while the council remains suspended pending the outcome of a public inquiry. Documents and emails obtained by SiN…


Helm Advisory founder Stephen Hathway with senior manager Adam Preiner

Ousted Hathway launches new firm

STEPHEN Hathway hasn’t wasted time. Little more than a month after being ejected from the SV Partners’ Sydney practice he co-founded, Hathway is up and running with a new outfit he’s dubbed Helm Advisory. ASIC records show Helm Advisory Pty Ltd was registered on August 31 and SiN dropped into the new offices at 32 Martin Place yesterday to meet the team. The core is…


EY Oceania absorbs Canberra's Kazar Slaven

EY Oceania absorbs Canberra’s Kazar Slaven

CANBERRA-based insolvency practice Kazar Slaven has been taken out by EY Oceania, a division of global professional services heavyweight, Ernst & Young (EY). In a note to clients last Thursday, firm principals Henry Kazar and Michael Slaven said the transaction would be completed by the end of the month. “We’re pleased to advise you that the professional services firm Ernst & Young (EY), has moved to…


SV ditches executive director

STEPHEN Hathway, the man who with Tim Heesh established SV Partners in NSW almost a decade ago has been dumped by the firm, with clients advised of his departure via email last week. “Dear Colleagues, we advise that Stephen Hathway, Director in our New South Wales practice, has ceased to have an active involvement with SV Partners and is presently on extended leave. “Stephen joined…