New Zealand

Australian Vanlines Pty Ltd – Court Liquidation

Appointed Court Liquidator (Official Liquidator) following an application by the Australian Taxation Office for the winding up of Australian Vanlines Pty Limited, a company in the shipping and storage industry. During our investigations into the affairs of the company, we identified and located over 250 private owners’ shipping containers across Sydney. A first and final dividend was paid to unsecured creditors from net asset realisations and net recoveries from voidable transactions.

Fast Access Finance Pty Ltd – Court Liquidation

Appointed Court Liquidator (Official Liquidator) following an application by the Australian Securities and Investments Commission (ASIC) for the winding up of Fast Access Finance Pty Ltd, a payday lender which the Federal Court ruled had breached consumer credit laws by engaging in credit activities without holding an Australian credit licence.
 
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