Australia

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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Court Liquidation Experience Specialists

Latest insights from our Restructuring & Insolvency team

20 October 2021 | Minutes to read: 3

Safe harbour review: ARITA’s recommendations

In response to Treasurer Frydenberg’s announcement in May of the government’s intentions to reform Australia’s insolvency framework...
23 August 2021 | Minutes to read: 5

How to detect and prevent employee fraud in the ‘new normal’

This article is authored by Cameron Johnstone, Dominic Molluso and Sean Wengel. Employee fraud is all too...
10 February 2021 | Minutes to read: 2

ASIC bans send warning to directors

The first few weeks of February 2021 saw the Australian Securities and Investments Commission (ASIC) disqualify three...
19 January 2021 | Minutes to read: 3

New process gives struggling business’s a chance at survival

Reforms to Australia’s insolvency framework have now taken effect for eligible businesses with liabilities of less than...
24 September 2020 | Minutes to read: < 1

Canberra announces huge reforms to insolvency laws – here’s what we expect

Canberra has announced the most significant reforms to insolvency laws in decades, applicable for companies with debts...
10 June 2020 | Minutes to read: 2

William Buck Restructuring & Insolvency completes sale of MyHouse retail business

Michael Brereton and Sean Wengel, the administrators of MyHouse, have successfully completed the sale of the MyHouse...

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