Liquidations

FEG intervenes as PwC partner seeks belated approval

The Department of Employment’s FEG Recovery Unit has forced the adjournment of an application by PwC’s Derrick Vickers seeking to validate transactions he entered into with various creditors of failed construction contractor, Ostwald Bros Pty Ltd (OB). Vickers had sought to kick off the application on Wednesday but the FEG team turned up and were successful in having the matter adjourned until March 13. According to sources close…

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Colourful cast no barrier to embattled liquidator

David Iannuzzi might be vigorously defending legal action launched in the Federal Court by the Commissioner of Taxation (CoT) but the stress of fighting off a bid to ban him for 10 years hasn’t stopped the Veritas Advisory principal accepting appointments even when they’re linked to a who’s who of the colourful and the controversial. Last month Iannuzzi accepted an appointment as receiver over Goorigubba Pty Ltd, which has…