Social/Professional

liquidator

FTI gather for vivid account of Queensland Nickel

The Quayside Room atop the Museum of Contemporary Art was abuzz last night as various FTI Consulting bigwigs, staff and clients gathered to hear Australian restructuring chief John Park discuss the peculiarities associated with being liquidator of Queensland Nickel. Regrettably Park’s talk – largely the same as the one he gave at the ARITA National Conference last month – was delivered according to the infernal…


Innovation statement foments debate

THE changes to insolvency mooted in the Federal Government’s Innovation Statement provide an ideal opportunity for insolvency practitioners to host seminars. There the invited can hear the pros and cons debated then opine at length during the drink and nibbles that invariably follow. Last week Schon Condon, James McPherson and the rest of the Condon Associates team were at it, packing their conference room on…


BPS sinks rivals at Chartered Accountants regatta

FRIDAY was a triumph for the men and women of BPS Recovery after partner Max Prentice’s Ticket of Leave (TOL) trounced the competition at the annual Chartered Accountants Regatta on Sydney Harbour. With son Matt at the helm, Prentice scooped the Division A teams event, winning the coveted Liquidators Cup in the process. Fellow BPS team skipper Rob Pizzie took second aboard Tonic to entrench…


Bankruptcy professionals in between sessions at a previous Congress

Bankruptcy professionals convening for congress

IT’S that time of year when bankruptcy trustees and those who work with them convene for Traill & Associates‘ annual National Practical Bankruptcy Congress, Workshops (and cocktail party). Organised by Rosie Traill, whose sister Kate was recently appointed to the bench as a Judge of the District Court, the two-day get-together of body snatchers focuses on practical issues facing trustees and their staff and advisors,…


Honolulu, Hawaii could be the location for a new kind of insolvency conference in 2016.

Hawaii – attend a conference, obtain a tan

IT’s early days but Sydney lawyer Paul Fordyce is planning to launch a restructured insolvency conference format that he thinks could blow rival events out of the water. The fact that he intends staging his conference in Hawaii won’t detract from its allure. Over a coffee this week Fordyce explained how the three-day event would canvass topics in a way radically different to the usual…


Andrew Wily retired form bankruptcy

Andrew Wily relinquishes bankruptcy ticket

ARMSTRONG Wily principal Andrew Wily has confirmed he has surrendered his registration as a trustee in bankruptcy, blaming onerous regulation and meagre profits. “It’s been brewing for a while,” Wily told SiN when asked when he decided to give up his ticket. “It’s a process that will go on for months of winding down, that’s all,” he said. The Australian Financial Security Authority (AFSA), which regulates personal insolvency,…