January 2018

The top ranking insolvency practices of 2017

2017 is done, the numbers have come in and names of note appear among those firms that snared the lion’s share of external administrations (exad) in the year just gone. According to a table of top performers assembled by lawyer Bruce Pasetti’s Stratos Legal, the firm that scooped the largest number of voluntary administrations (VAs) in NSW last year was Domenic Calabretta’s Mackay Goodwin, which notched up…


Invalid administrator may be chased over “trespass”

This sounds like one for the lit funders’ slide rule – a suspended ASX shell, millions in dissipated shareholder capital, the same law firm allegedly acting for both parties in a merger and a voluntary administrator punted after a judge ruled his appointment was invalid. It was back in August 2016 that a court ruled that Mackay Goodwin’s Domenic Calabretta had been invalidly appointed voluntary administrator of…