Cor Cordis partner expelled from ARITA

The middle of a national rebranding campaign is not when a firm wants one its most senior and prominent practitioners to be unfavourably exposed but following publication of a disciplinary notice by ARITA, Cor Cordis finds itself in such a position. Posted on the ARITA website last Friday, the notice discloses that Ozem Kassem, one of Cor Cordis’s senior partners in NSW, has been expelled from…

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Bankruptcy

Witness the redemptive power of personal insolvency

Stigma shmigma. Who said bankruptcy permanently stained a person with the irredeemable taint of debtor’s shame? SiN has come across a practitioner whose experience more than validates the redemptive power of personal insolvency. Last week Jirsch Sutherland announced that business director Rebecca Hindson had been appointed manager of the firm’s new Wollongong office. In a press release dated August 16 we learn that Hindson – an Illawarra local –…

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Litigation

Neolido fraud: Leigh paid $100k to secured creditor

Court documents obtained by Sydney Insolvency News reveal that ex-PPB Advisory (PPBA) partner David Leigh paid $100,000 to a secured creditor out of a total $800,000 PPBA alleges he fraudulently misappropriated from the liquidation account of Neolido Holdings. According to an application for freezing orders filed by lawyers for PPBA last week, Leigh was questioned about the missing monies on Tuesday February 22 by PPBA Queensland…

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