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Showing 1 - 10 of 25 results for "McGrathNicol"

Investors livid over fresh portfolio valuation: Mayfair 101

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2024
... able to sell 95 properties for more than what Mayfair 101 had paid. Mayfair 101 said ASIC filings show the receiver, McGrathNicol, has realised about $40 million since 2020 - some $3 million more than what Mayfair paid. Mayfair 101 said its investors ...

Federal Court appoints receivers to investigate Brite Advisors

ANDREW MCKEAN  |  MONDAY, 18 DEC 2023
The Federal Court has appointed Linda Smith and Robert Kirman of McGrathNicol as corporate receivers to probe Brite Advisors, following serious concerns about the management of client pension funds. Smith and Kirman will investigate Brite Advisors and ...

Global Merces MD cops ASIC ban

KARREN VERGARA  |  MONDAY, 31 MAY 2021
... Federal Court ordered Global Merces be wound up. Anthony Connelly and Michael Hill, who are partners at advisory firm McGrathNicol, were appointed as liquidators of Global Merces on 5 February 2020. Since the fund shuttered, Grofski listed on LinkedIn ...

What you read in 2020

JAMIE WILLIAMSON  |  FRIDAY, 18 DEC 2020
... was forced into external administration by one of its Chinese creditors, state-owned insurer Taiping Trustees, with McGrathNicol appointed as administrator. The event cast doubt over a number of Sargon's subsidiaries, including Madison Financial ...

ASX-listed fintech to buy Wirecard

ELIZA BAVIN  |  MONDAY, 14 SEP 2020
... The deal comes after the Australia/New Zealand Wirecard business going into voluntary administration in July 2020. McGrathNicol and BDO were appointed voluntary administrators. Change Financial said the Aust/NZ business is separate from the much publicised ...

Curtains fall for two financial services companies

ALLY SELBY  |  MONDAY, 27 APR 2020
The Federal Court of Australia has ordered two financial services companies to be wound up, with McGrathNicol appointed as the liquidator of both firms. ASIC applied to have both Audrn Group and Optima Lending Solutions wound up earlier this year, with ...

Sargon lender sends in voluntary administrators

KANIKA SOOD  |  TUESDAY, 10 MAR 2020
... companies. Hayes has 30 years of experience and founded Wexted after working for about 13 years each at KPMG Australia and McGrathNicol. He worked on Dick Smith Electronics' high-profile bankruptcy, where he was the administrator as the company was ...

OneVue recoups $4.36m from Sargon

KANIKA SOOD  |  THURSDAY, 20 FEB 2020
... interests. Meanwhile, Sargon Capital remains in external administration at hands of the Taiping Trustees which appointed McGrathNicol as administrator.

McGrathNicol launches cyber protection tool

HARRISON WORLEY  |  WEDNESDAY, 19 FEB 2020
McGrathNicol has partnered to launch a tech-enabled forensic investigations service to help Australian businesses detect cybercrime. McGrathNicol and ResponSight have partnered to develop FDetect, a service designed to provide businesses with the ability ...

Asset manager to be liquidated

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2020
... month had applied to have the company wound-up. A voluntary administrator was appointed on January 13 this year with McGrathNicol appointed as joint liquidators for the company. ASIC said its investigation into the financial services company is ongoing ...
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